Tag Archives: NAPF

“Not for profit” – a phrase fast losing any meaning!

Not for profit organisations – what good do they do? All year I have been speaking with institutes and associations from the ABI and IA through the PLSA and PMI to ICAEW, ICAS and ACCA . As soon as you start, you don’t … Continue reading

Posted in Payroll, pension playpen, pensions, PLSA | Tagged , , , , , , , , , , | 3 Comments

“Two nation pensions” – why I can’t make the NAPF this week

  There are a number of reasons why I can’t make the NAPF Conference this week I have to talk to accountants , payroll managers and finance directors in London, Birmingham and Slough The conference now costs too much for … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , , | 5 Comments

85 million reasons for change! Why pension tax relief is front page news.

The Daily Express has picked up on the “loophole” caused by the increase in the nil rate band that is denying £85m of pension tax relief at source to part time workers (and the very low paid) in occupational pension … Continue reading

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Beyond tax relief – a new savings incentive

In 2002, Ros Altmann wrote a blog, suggesting we move from incentivising pensions savings through tax relief , to a system which targeted those who needed help most- those with low incomes who found it hardest to save decent amounts. … Continue reading

Posted in pensions | Tagged , , , , , , , , | 2 Comments

Pensioner First

A consistent theme of the pension reforms we have witnessed over the past five years has been a focus on the consumer of pension savings – the pensioner. Set in the wider context of welfare policy, the proposals to re-align … Continue reading

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Let’s not get caught with our trousers down (again).

The reason we have NEST and its £400m debt to the tax-payer is that the private sector refused to commit to supporting auto-enrolment ten years ago. If the organisations like Legal & General, Standard Life and Aviva , could have … Continue reading

Posted in annuity, CDC, Pensions Regulator | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The tone from the top

Take a close look at the photo above, it’s taken from a Morningstar conference yesterday. The gentleman on the left is asking the question, the women on the right are listening and the gents on the right – well – they’re … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , , , | 1 Comment

Time to move on?

This election was brutal. Gregg McClymont knew his fate but Steve Webb’s defeat was a shock to us all – sadly electors don’t wear pension goggles. Just as we were resigning ourselves to BAU,  David Cameron announced Ros Altmann’s appointment … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , | 5 Comments

Do we need another pension commission? #IRSC

A call for inclusion from the pension elite? The NAPF have launched a call for an Independent Retirement Savings  Commission. I went to hear the arguments yesterday morning and came away with a nice booklet but without much more enthusiasm … Continue reading

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Care or hubris? – How Tesco got in such a pensions mess.

Every little helps? The right old mess that Tesco has found itself in , is blamed partially on its mishandling of its pension strategy. How can an organisation with the motto “every little counts” have such a large pension deficit? … Continue reading

Posted in Change | Tagged , , , , , , , , , , , , , | 11 Comments