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 FCA, NAO, National Audit Office, National Audit Offikce, Pensions, portable pensions
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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 AE, auto enrolment, DWP, DWP National Audit Office, National Audit Office, NEST, Report, Retirement, The Pensions Regulator
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
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 Civil service, Defined benefit pension plan, Department for Work and Pensions, DWP, National Audit Office, pension, Pension Regulator, Private sector, Steve Webb
11 Comments