Tag Archives: Laura Trott
A budget for pensions that are “victims of their own excess”
Today is budget day and by lunchtime we will know whether the strong rumors that the Lifetime Allowance and Annual Allowance will be adjusted upwards are true. We will also know if the less palatable options around increasing the minimum … Continue reading
Let’s put workplace pension saving in perspective.
A sense of perspective needs to be applied to this headline in Professional Pensions. The Government backing the private members bill that extends auto-enrolment commits them to no more than they promised in 2017 and does not even commit them … Continue reading
DWP bets the house on “adequate” DC pensions. No wonder it’s targeting VFM!
The DWP published a report on Friday that has attracted attention from mainstream and social media. It is the DWP’s first analysis of retirement income in the UK since the analytical report of the 2017 auto-enrolment review and it was … Continue reading
The pension dashboard needs more than a reset – it needs a rethink.
The dashboard is being delayed again. Team PDP is already four years late getting the pension dashboard crossing the line but our grand-prix racecar is in the best of hands – even with that retro-refuelling pipe! It was originally intended … Continue reading
Pension governance’s new look.
Two appointments this week have caught my eye. Sara Weller (right) is to replace Hector Sants as Chair of MaPS and Mary Starks is to conduct a three month review (to be delivered in May) of the Pensions Regulator. It’s … Continue reading
On the march to better value – 3 ways to get what’s going on with pensions!
“What is important to me is that when you’re saving into a retirement pension, your money is working for you” – Laura Trott, Minister for Pensions, announced a series of private pension reforms at @ThePLSA yesterday to boost fairness, adequacy … Continue reading
Do speculative opinions of future value have a place in VFM statements?
Jo Cumbo’s post deserves a proper answer Looking for comments on the Government’s proposals to allow #pension providers to use estimates of future investment performance, in their new value-for-money assessment. To be clear, this is about the provider estimating returns … Continue reading
Receiving value for your money – the DWP gets it 95% right.
Insight one “money” is not – “costs and charges ” but “contributions” There came a moment , as I was reading the DWP’s Value for Money Consultation that you realised that something has changed. For me that moment wasn’t this … Continue reading
Pensions – what really matters!
Today could be a big day for the way we organise our workplace pension system with the DWP’s Laura Trott launching a package of reforms at the PLSA early this afternoon. I will be there and hope to learn how … Continue reading
The give and take of workplace pensions (it can’t all be “done for us!”)
“Done for you” has become an over-worked phrase in a very short time. I started using it to refer to the CDC decumulation solution discussed by Simon Eagle and others where CDC becomes another investment pathway – with the pension … Continue reading