Tag Archives: Mastertrust

“Only rich people think small amounts don’t matter”

That’s a quote from Debora Price and I’m making it a strap for whatever campaign I can cobble together to make Government Incentives happen for those who qualify for them , but can’t get them because their trustees don’t collect … Continue reading

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Paul Trickett – a big thank you!

I understand that Paul Trickett is joining Aviva as a Director of the Life Company. Paul tells me he has resigned his posts as Chair of the Trustees of the Zurich  Staff Pension Scheme and of the L&G Master Trust. … Continue reading

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“Workie Vicit” – tPR on the state of AE

   The Pension Regulator has published its snappily entitled Automatic enrolment commentary and analysis report 2015/16 The first question I asked as I opened its 45 pages was “who’s it for?“. TPR’s primary stakeholder is the DWP which funds it and … Continue reading

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“Beware the mastertrust my son!” 6 reasons to be careful

  Ok. It may not have jaws that bite or claws that clutch or be quite as frightful as the Jubjub bird, but the mastertrust may be no friendlier than Lewis Carroll’s Jabberwock. This is not a trendy thing to … Continue reading

Posted in Guidance, Payroll, pension playpen, pensions, Pensions Regulator | Tagged , , , , , , , , , , , | 1 Comment

Auto-enrolment; – tPR’s despatches from the trenches

Auto-enrolment is like Flanders in 1914.  Those wishing to see universal adoption of workplace pensions within Britain’s employment structure are digging in for an onslaught that has barely begun. Our Ypres’ and Passchendaeles’ are yet to come. We are still in … Continue reading

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Vertically integrated mastertrusts? – “my arse!”

  Pardon my Scouse! I throw Mick Royle at Mercer’s master trust (and the incipient Aon Hewitt master trust). “Vertical integration” is where the supply chain of a company is owned by that company. Mercer have set up a master trust where they … Continue reading

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The new Mastertrust Assurance Framework (MAF)

Amidst the deluge of new consultations, the joint consultation on the Mastertrust Governance has been pretty well lost to sight. Published last week it can be found here. It’s the work of a group of accountants (organised by the ICAEW) … Continue reading

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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

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