Tag Archives: Legal & General

Light in the lifestyle tunnel!

The way in which your DC pot magically turns from investing in shares to investing in cash and Government bonds is called lifestyle and it involves hundreds of transactions in 60+ months before you buy your pension. All of these transactions involve … Continue reading

Posted in actuaries, dc pensions, defined aspiration, First Actuarial, governance, Henry Tapper blog, life insurance, NEST, pensions, target date funds | Tagged , , , , , , , | 4 Comments

Why we must get resolution on pension charges

We shouldn’t underestimate the task the 14 members of the ABI have set themselves in promising to fully disclose charges and costs (see previous blog). 14 insurers have made the pledge but there are many insurers that haven’t nor are … Continue reading

Posted in Henry Tapper blog, Horse racing, pensions, Popcorn Pensions, Retirement | Tagged , , , , , , , | 5 Comments

The Regulator’s right to be cautious about mastertrusts

Over the past two years we’ve seen a number of multi-employer occupational schemes spruced up for auto-enrolment. We’ve seen a number of insurers and asset managers set up as the providers of master trusts. We’ve had a few financial advisers … Continue reading

Posted in actuaries, annuity, auto-enrolment, club pension, dc pensions, governance, NEST, Payroll, pensions | Tagged , , , , , , , | 9 Comments

How was the Plowman’s vision? – 2012 #pensions predictions revisited

Here were our pension predictions from a year ago (you can read the full blog from December 2011- here) Artificially depressed interest rates drive up DB deficits and depress annuities but the pressure on life companies and pension schemes to adopt … Continue reading

Posted in auto-enrolment, pensions, steve webb | Tagged , , , , , , , | 4 Comments

It worked for Wendy- how Morrisons staged auto-enrolment

If I had a vote for “pensions personality of the year, I’d give it to Wendy Taylor of Morrisons and I’d give her understudy Claire Ramus a “highly commended”! They’ve inspired their Board, their staff and they’ve brought a breath of fresh air to the … Continue reading

Posted in actuaries, annuity, club pension, David Pitt-Watson, dc pensions, Henry Tapper blog, Martin Lewis, pension playpen, pensions, Popcorn Pensions | Tagged , , , , , , , | 7 Comments

Opt-outs triggered by smartphones say Legal and General!

Speaking at a private conference for First Actuarial staff, Adrian Boulding said that Legal and General‘s clients were enthusiastic about their staging experience and he went on to suggest that members were much more ready to get information and transact digitally than his firm … Continue reading

Posted in actuaries, auto-enrolment, corporate governance, dc pensions, de-risking, Facebook, First Actuarial, Management, NEST, Payroll, pension playpen, pensions, twitter | Tagged , , , , , , , , , , | 6 Comments

Scale and scalability- why L & G is the cuckoo in the Nest.

NEST is a pensions white-elephant and at £300m, the most expensive animal in the zoo Continue reading

Posted in auto-enrolment, dc pensions, Management, pensions, Personal Accounts, Retirement | Tagged , , , , , , , | 8 Comments

Japanese Knotweed – the spread of passive defaults.

While investment consultants ponder the fifty shades of grey of diversification, I ponder just who , outside a small number of “experts” is prepared to take a decision on the default investment option of a company’s defined contribution pension scheme. This question … Continue reading

Posted in dc pensions, Financial Education, NEST, pensions, Popcorn Pensions, Retail Distribution Review | Tagged , , , , , , , | 7 Comments

Can GPP providers be a little clearer about commission?

Someone told me yesterday that he preferred ISAs to pensions because he knew what was going on with an ISA. He’s not stupid, he’s financially literate but it turned out he knew nothing about annuities  and he asked that I blog … Continue reading

Posted in annuity, pensions, Retirement | Tagged , , , , , , , | 4 Comments

Auto-enrolment ; winners and losers.

Tesco doesn’t seem to be getting too much credit from the DB aficionados who have been perturbed by its attempts to push back retirement ages as part of the new deal.

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Posted in annuity, auto-enrolment, Change, dc pensions, defined aspiration, happiness, infrastucture, pension playpen, pensions, Popcorn Pensions, Retirement | Tagged , , , , , , , | 10 Comments