Tag Archives: National Employment Savings Trust
NEST – Lamborghini or Trabant?
Yesterday I wrote about NEST’s great steps towards an integrated approach to the management of auto-enrolment data. I didn’t hear anyone else asking the question “is NEST acting as a force for good or is it over-stepping the remit we , … Continue reading
Posted in customer service, dc pensions
Tagged auto enrolment, Business, Business and Economy, corporate governance, corporate risk, dc pensions, DWP, Employment, Government, National Employment Savings Trust, NEST, pension, Pension new, pension playpen, pensions, Retirement, Trabant or Lamborghini, workplace Pensions
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Telling tales or tipping off?
There is a fine line between campaigning journalism and incompetent meddling. Those whose jobs it is to stamp on malfeasance see the campaigners not as crusaders but as a menace. Those who campaign see those in authority not as allies but … Continue reading
Posted in Pension Freedoms, pension playpen, Pensions Regulator, Ros Altmann
Tagged Actionfraud, blogging, DWP, Fraud, National Employment Savings Trust, pension, pension liberation fraud, Pension new, Pension Regulator, PensionPlaypen, pensions, Politics, Retirement, The Pension Regulator, tipping off, TPR
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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 ABI, Actuarial science, annuity, auto enrolment, Business, CDC, collective drawdown, dc pensions, decumulation, Drawdown, Employment, Financial services, financial services industry, Government, IA, Mick Mcateer, NAPF, National Employment Savings Trust, NEST, Pension new, pension playpen, pensions, Retirement, Steve Webb, Target Pensions
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Pot follows nanny?
The debate on auto-enrolling nannies into workplace pensions is being called #Nannygate. The FT have quoted Anne-Marie O’Leary of Netmum as saying nannies and their bosses are in “a state of near panic” at the prospect of enrolling Nannygate has even drawn a letter … Continue reading
Posted in pensions
Tagged auto enrolment, Business, Employment, nanny, nannytax, National Employment Savings Trust, PAPDIS, Payroll, pension, Pension new, pension playpen, pensions, Pot follows member, Retirement, Ros Altmann, Tax
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First we take Manhattan…
Canada bores me. I have only two cultural references for the place, Supertramp – (the band that drove me to punk in the 1970s) and South Park the movie which urges Americans to “blame Canada, they’re not even a real country anyway”. I know … Continue reading
The cost of auto-enrolment
Charlotte Clark – one of the architects of auto-enrolment and now head of private pensions in the DPW – is an economist. She is familiar with cost having worked in a corresponding position in the Treasury and it was … Continue reading
IFAs and actuaries – as easy as “A Cap B”.
For half of the 30 years I’ve been advising people, I was paid by private individuals to help them take difficult financial decisions. For the other half, I’ve been paid by employers to help their staff take difficult decisions. This … Continue reading
Posted in actuaries, advice gap
Tagged actuaries, Actuary, advice, Business, corporate governance, dc pensions, Financial services, Government, Guidance, IFA, National Employment Savings Trust, pension playpen, Pension Poverty, Pension Regulator, pensions, Politics, Steve Webb, transfers
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Consistency and Simplicity (guest blog – Ralph Frank)
The current UK pension taxation regime gives preferential treatment to Defined Benefit (“DB”) savers relative to Defined Contribution (“DC”) savers at both theAnnual Allowance (“AA”) and Lifetime Allowance (“LA”) levels. The current taxation system is overly complex, with two … Continue reading
Posted in pensions
Tagged AA, Business, dc pensions, Employment, Government, LTA, National Employment Savings Trust, pension, Pension new, pension playpen, pensions, Politics, Ros Altmann, Tax
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“I’m afraid we had no answers.. good luck! ..-..Steve.”
“Where are all the pension people?” Asked an accountant at #Accountex15 on Thursday. They were elsewhere listening to Steve Webb and Gregg McClymont looking back at the last five years, a neat metaphor for the pensions industry as another accountant pointed … Continue reading
For Ros Altmann, the best is yet to come.
Ros Altmann is our new pension minister, this is unequivocally good news. For years people have been poking fun at Ros Altmann for her claims to be a Government Advisor. Between 2001 and 2005 she was an advisor to no … Continue reading
Posted in pensions
Tagged auto enrolment, Business, Conservatives, corporate governance, David Cameron, David Gauke, dc pensions, Defined benefit pension plan, DWP, Employment, Financial services, National Employment Savings Trust, pension, pension minister, Pension new, pension playpen, Pension Wise, pensions, Retirement, Ros Altmann
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