Tag Archives: Insurer
The Impact Assessment behind the Pension Schemes Bill.
This diagram, borrowed from HMT by DWP is around 300 pates in. It is frustrating and fascinating because much is good but how to get to it?! Welcome to the Impact Assessment This document from the DWP is over 400 … Continue reading
Stop Bulk Transfer Waste : Recycle DB Pension Surpluses
“Pens down on risk transfers”, trustees and consultants urged at Mercer Conference. At the Mercer Risk Transfer Conference (Tues 11/02) in a debate with life insurers Rothesay and Just, Con Keating and William McGrath argued that bulk transfers are … Continue reading
What to do with workplace GPPs?
Workplace GPPs are a bit of an embarassment aren’t they? A long time ago, before auto-enrolment was thought about, the Government decided to create the stakeholder pension which every employer with more than five staff would have to offer as … Continue reading
“Insurers don’t understand investment”- that is the pensioner problem
Many comments on my blog are so well argued that they should be published as blogs in their own right, rather than languish in the obscurity of the archive! Some comments go unpublished but all are welcome (other than the … Continue reading
Superfunds and COVID-19
In a very good overview of superfunds, Jo Cumbo and the FT explain the new option available to the 5000+ employers sponsoring DB schemes on what Guy Opperman calls their spectrum of choice. Jo makes clear that superfunds are not … Continue reading
Payroll as distributor; can payroll win the battle of benefits?
“Payroll is our next distribution channel”, an insurer assured me last week. We were at Sage Summit, inspecting “Sage People” and the employee benefits package that was launched late last year to Sage 50 users, My mind went back to the late 1990s … Continue reading
Posted in pensions
Tagged employee benefits, Hibob, Insurer, ISA, Payroll, pensionsync, platform, Sage
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The forgotten victims of commission
While the arguments about the abolition of commission for auto-enrolment pensions (from April 2016) are clear-cut, the fate of policies which aren’t used for auto-enrolment – isn’t. This is particularly the case for commission based occupational pension schemes. This week, … Continue reading
Tiny steps towards better DC outcomes- #CASummit14
Having spent 36 hours in the company of Life Co “strategists” and their counterparts in the IFA and EBC communities, I can now try and make sense of where “heads are at”. The mood has changed. Two years ago, the … Continue reading
Posted in advice gap, annuity, auto-enrolment, dc pensions, pensions, Retirement
Tagged Actuarial science, Business, CDC, corporate governance, dc pensions, Employment, FCA, governance, IGC, Insurance, Insurer, National Employment Savings Trust, Pension new, pension playpen, Provider, Retirement, Tiny steps, workplace pension
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Annuity reform- payroll needs to be in the front seat!
Yesterday I wrote about the positives of the proposed abolition of compulsory annuitisation for the life insurers active in the UK pensions market. Today I want to share thoughts on payroll, who are always the last to be consulted and the … Continue reading
Posted in advice gap, annuity, auto-enrolment, Bankers, Payroll, pensions
Tagged Bureau, Business, Business and Economy, corporate risk, dc pensions, de-risking, decumulation, Defined benefit pension plan, Employment, Financial services, Government, Insurer, Mastertrust, National Employment Savings Trust, Outsource, pension, pensions, Retirement, Steve Webb
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