Tag Archives: National Employment Savings Trust
“Winning hearts and minds” – what IGCs can do for retirement saving!
What so concerned many of us when we read the comments from the Independent Governance Committee’s recent meetings at Evershed’s city offices, was that they showed no unified sense of purpose, no urgency and worst of all – confusion about … Continue reading
Posted in governance, investment, pensions
Tagged auto enrolment, Business, corporate governance, Financial services, governance, Government, hearts and minds, IGC, Independent Governance Committees, Indpendent, National Employment Savings Trust, pension, Pension new, pension playpen, pensions, Politics, Ros Altmann
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How can auto-enrolment help those that most need it?
This morning I’m off to the House of Commons to discuss this question with some policy people, Prospect Magazine, my friends Alex Rowson of QTAC and Darren Philp of People’s Pension and Nigel Wilson, the CEO of Legal & … Continue reading
People’s Pension announces one-off fee – world comes to an end!
If you were to read some of the reactions to the announcement yesterday by People’s Pension that they would be charging employers either £500 or £300 to set up a pension with them, you’d think that some intermediaries had just … Continue reading
Helping employers with pensions – you don’t have to be an IFA!
Since RDR in January 2013, the number of IFAs operating in Britain has more than halved from 50 to 24,000. The ban on commission or its sibling “consultancy charging” has made it all but impossible for IFAs to make money … Continue reading
PLSA to be of help?
Yesterday , the good egg that is Jonathan Stapleton forwarded me the PLSA’s press release announcing their initiative to help small business’ understand workplace pensions. The Pitch is straightforward “The Pensions and Lifetime Savings Association knows pensions inside out … Continue reading
If not CDC – what?
CDC – flawed in conception Steve Webb told me that when he spoke with Andrew Young, the former Government Actuary for the DWP, Andrew advised him to “think big”. Steve did and he will be remembered not just for the … Continue reading
State Street and People’s – a lack of “emissional” intelligence?
I am not very happy that People’s Pension has chosen State Street to manage the money under its master trust. In early 2014, State Street were found guilty of over-charging a variety of pension funds and were fined by the … Continue reading
Posted in NEST, pensions, Pensions Regulator, smelly, State Street
Tagged advice, annuity, auto enrolment, babloo ramamurthy, Business, DWP, Financial services, National Employment Savings Trust, NEST, pension, Pension new, pension playpen, Pension Regulator, pensions, People's Pension, Scottish Widows, State Street
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“Low earners miss out on £85m pension tax relief” – and why!?
“Millions of part-time workers are being denied valuable tax-breaks on their pension contributions as government officials knowingly all low them to save into schemes that will not pay them relief they are entitled” So thundered the FT (26/09/15) and it’s … Continue reading
The tyranny of payroll or the management of pensions?
The received idea in Government circles is that employers don’t give a toss about the pensions they set up for their clients. In a recent thread on the Pension Play Pen Linked In Group (if you aren’t a member , … Continue reading
Posted in pensions
Tagged auto enrolment, Business, corporate risk, dc pensions, DWP, Government, liability, National Employment Savings Trust, NEST, Payroll, Pension new, pension playpen, pensions, Retirement, taxes, tyranny
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Making the most of the £20bn small employers spend on DB – Guest blog from Hilary Salt
A simple shift in communications could ensure the £20bn employers spend on DB each year isn’t wasted Over the last decade we’ve seen the long march of defined benefit (DB) pension schemes from the sunny beaches of open schemes run by … Continue reading
Posted in pensions, Pensions Regulator
Tagged Actuarial science, Actuary, advice, £20bn, Business, corporate governance, corporate risk, de-risking, defined benefit, DWP, Employment, Financial services, first actuarial, Government, member benefits, members, National Employment Savings Trust, pension, pension playpen, pensions, small schemes
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