Tag Archives: National Audit Office

Whatever happened to the portable personal pension?

  This is how the National Audit Office introduced their last report on regulating to protect consumers. That was in March 2019. UK households spend a total of around £140 billion a year in bills on water, energy and telecommunications, … Continue reading

Posted in advice gap | Tagged , , , , , | 1 Comment

Half-term report for AE – an excellent start – keep it up!

  The press is not full of the NAO’s report on auto-enrolment, why should it be? There is no story other than the good news that auto-enrolment is working as predicted by the DWP. Why the document is important is … Continue reading

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

“The first cut is the cheapest” – transferring legacy pensions

We all know the song. The revised phrase was coined by stockbrokers who’d tell their customers to sell out of a failing stock before it’s price fell again. The phrase use to be sung to Equitable Life policyholders who hung … Continue reading

Posted in actuaries, annuity, auto-enrolment, Change, dc pensions, defined aspiration, pension playpen, pensions, Personal Accounts, Retirement | Tagged , , , , , , , | 15 Comments

Pension Equality? Don’t make me laugh.

Great news, – a group of civil servants (the National Audit Office) have decided to audit the work of another group of civil servants (the Pension Regulator) reporting to another group of civil servants (the DWP). The point of the audit is … Continue reading

Posted in annuity, Bankers, corporate governance, dc pensions, de-risking, Liberal Democrats, Martin Lewis, NEST, pension playpen, pensions, Retirement | Tagged , , , , , , , , | 11 Comments