Henry. It is all happening far too late for us elderly, born last century and been underpaid historicly by anything…
It is the valuation process that has created artificially high required contribution rates. I believe the Strathclyde pension scheme's employer's…
From April 2027 the PR of a deceased will be required to include pensions in the IHT filing it is…
The worry is that large providers (including the Government owned Nest) are treating the Pensions Dashboard as a compliance item…
Tag Archives: Guy Opperman
Could #Budget21 be a game-changer for our pensions?
Sunak’s 2021 budget amounts to a kick in the backside to workplace pensions that could do for workplace pensions what the pension freedoms did to annuities. By workplace pensions, I mean the savings schemes funded through payroll and joined by … Continue reading
Posted in pensions
Tagged budget 2021, DWP, Guy Opperman, Pensions, Sushak, workplace Pensions
2 Comments
How will history remember the Pension Schemes Act 2021?
The Pension Schemes Bill received Royal Assent last week and is now enacted. Though assent is a formality, it draws the line in the sand. “What is changing” is now “what has changed” and the work of Guy Opperman … Continue reading
Posted in pensions
Tagged CDC, DWP, Government, Guy Opperman, Pension new, Pension schemes Act, Pensions, Retirement, Ros Altmann, Steve Webb, TCFD, TPR
1 Comment
Why mandating TCFD reporting is a game changer.
The DWP’s proposals to insist that pension schemes set targets and use standard measures to report on the impact of the money they invest makes sense. But like the few radical interventions that work (think auto-enrolment), it is likely to … Continue reading
Maintenance payments are not a benefit, they are a carer’s and a child’s right
This article’s about the payment of child maintenance, something I did for 20 years. To me it is the very first priority of a paying parent as it is the lifeline for the carer and the child. You can read … Continue reading
Posted in DWP
Tagged Caroline Nokes, Child Maintenance, CMS, Collect and Pay, Guy Opperman, Jay Kenny, Pensions
9 Comments
DWP frees up workplace pension defaults – can providers be trusted?
It looks like the high-water mark for Government intervention in workplace pensions has been reached. The years following the introduction of the RDR saw the abolition of sales commissions (both for introducing members and setting up schemes), of “active member … Continue reading
A Living Pension! What would it take to secure a better retirement income for workers?
UK pensions have seen radical reforms in recent years to boost pension saving and tackle poverty in retirement. Government has introduced a flat-rate state pension and got more millions more workers saving through auto enrolment. But these policies alone … Continue reading
Posted in pensions
Tagged age wage, Guy Opperman, jo cumbo, Living wage, Pension Age, Resolution foundation
1 Comment
Opperman; “let people see the value providers are giving them”
“Pensions play a vital role in shaping the financial security of the nation and our commitment to net zero by 2050” So Guy Opperman opens the second of his end of year blogs in the pension press (this time … Continue reading
Funny old year – for our Pensions Minister
I applaud Guy Opperman for his 2020. He kept the Pension Schemes Bill moving , he remained unstintingly optimistic in the face of the pandemic and he weathered personal tragedy with dignity and fortitude. He is the public face of … Continue reading
The Pensions Dashboard – Get ready
The Pensions Dashboard took an early step towards availability today with the publication of its data standard. This is more an expression of what the dashboard won’t do than what it will. What it will do day one is “find … Continue reading
Respect small pension pots, they simmer our dreams
I was lucky to be invited to listen to Chris Curry yesterday at a DWP convened meeting to think about the issues around small pots. Much of the information discussed was proprietary to the DWP so I can’t share the … Continue reading
Posted in pensions
Tagged Adrian Boulding, big-fat-pot, consolidation, DWP, Guy Opperman, small pots
1 Comment
Surely St Andy of t'North can just borrow lots of money from his Abu Dhabi chums? Is that why we…