Tag Archives: NEST

Workplace pensions – value for money?


  This is the second of eight blogs answering the questions set out in the Work and Pension Select’s inquiry into transparency in pensions. The idea is that this blog, together with comments from anyone who chooses, will go to … Continue reading

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Who’s fooling whom – on workplace pensions


“We all have one- we all know who chose it, but none of us know why?” In the 19th century, when riddles were popular, this would have been counted an interesting question. Riddling could make a comeback on social media … Continue reading

Posted in auto-enrolment, pensions | Tagged , , , | 4 Comments

Beware the cuckoos in the NEST


The NEST insight conference was held yesterday in the old assembly hall of the City of London School. Nowadays, the hall is an auditorium for JP Morgan who hosted and delivered a keynote on the changing needs of today’s pensioners (Apparantly … Continue reading

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AE Pots must follow workers (Hargreaves Lansdown’s right)


I have just read a policy paper in my hand from Hargreaves Lansdown;  “Putting Individuals at the Heart of the Pension System”. After some pretty dire submissions to the Work and Pensions Committee on CDC, I hadn’t thought to agree with … Continue reading

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NEST needs you!


Interested in influencing how NEST works for members? News reaches me that the NEST Member Panel is recruiting and looking for hard working, conscientious , pension loving folk like us. You can apply for this position online up to and … Continue reading

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Frank Field helps us spend our pensions


  Here is the main recommendation of Frank Field and  the Workplace Pension Select Committee’sfinal report of its inquiry into Pension freedom and choice published today. We recommend every pension provider offering drawdown is required, by April 2019, to offer a default … Continue reading

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How to run a pension at 1/30th the cost of the pension charge cap.


  How much does it cost to actively manage Alecta, Sweden’s largest workplace pension provider? The answer, according to Magnus Billing – is 0.024% of the funds assets each year. That’s less than 1/30th of the 0.75% cap imposed by … Continue reading

Posted in advice gap, pensions, Value for Money, workplace pensions | Tagged , , , , , , | 2 Comments

Why are workplace pensions excluded from transfer advice?


NEST gets us thinking Gavin Perera-Betts work for NEST, he’s the chief customer officer – the person charged with helping people get the most out of their savings and he’s the author of NEST’s recent response  to the Government’s Select Committee … Continue reading

Posted in advice gap, BSPS, pensions | Tagged , , , , , , , | 13 Comments

DWP now leads the way on cost disclosure


  What’s this about? In a first-rate document, the DWP have set out radical proposals to allow ordinary people to see and compare the costs  their trustees are paying for the investment of their pension money. These proposals go well beyond … Continue reading

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Finger in the dyke stuff! DC pricing is just too leaky Jon!


Jonathan Stapleton has written a deliberatively provocative piece in Professional Pensions which will be applauded by the operators of workplace pensions but is going to get short shrift from me.   You can read  Jonathan’s opinions here. The gist of Jonathan’s … Continue reading

Posted in auto-enrolment, dc pensions, de-risking, Debt, NEST, now, pensions | Tagged , , , , , | 2 Comments