Tag Archives: NEST

How to get out of auto-enrolment (without a penalty notice)


    As everyone knows – I am a fan of auto-enrolment and have made my living through http://www.pensionplaypen.com helping employers engage with workplace pensions and encouraging compliance. The rest of my blog is not an encouragement to small businesspeople … Continue reading

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Taking possession; how’s Workie performing ?


There’s an urban (pension) myth that it’s not until your pension is worth as much as your car that you take any notice of it. My car has been written off twice and has a scrap value of £1000 so … Continue reading

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“Not so fast!” – the @Aviva #AE conference needs to listen to those not in the room


I spent yesterday morning with Aviva at their future of Auto-Enrolment event in the City. Here’s Aviva’s 10 point wish-list for Auto-Enrolment. ADEQUACY: 1. Phase towards 12.5% contributions by 2028 2. Adopt a flat rate of tax relief – save … Continue reading

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Thanks – it’s a delight to do business with you!


    It’s a real delight speaking to micro businesses about pensions. You might think a simple question like “which one do you think is best?” would become boring, now we’re closing in on 5000 employers who’ve asked us it. … Continue reading

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NEST is not auto-enrolment


  I went to a talk yesterday by a former shadow cabinet minister of state for the DWP. It was under Chatham House rules so I can’t tell you which one – it doesn’t matter which one – it matters … Continue reading

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The pernicious effect of NEST’s market distortion


Yesterday I wrote about the unsatisfactory outcome of an industry discussion with NEST. The PLSA debate on mastertrusts at their annual conference failed to properly engage with NEST’s ongoing role in the UK pensions market and the ambiguity of its … Continue reading

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Put up or shut up Otto – how are you paying back our money?


If you weren’t in Liverpool for last week’s PLSA conference, do not slit your wrists. You can watch the sessions on youtube. If you want to hear how product providers see the challenges on them and us- from the remaining … Continue reading

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What the Pension Bill means


The 2016  Pensions Bill was published this week and it will have serious implications for single employer occupational schemes, small-mostly insured executive arrangements and for the burgeoning market for commercial mastertrusts. The Bill will also ensure that occupational schemes cannot … Continue reading

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An algorithm cannot lie


  An algorithm cannot lie; it will tell you what you set it to tell you with the data you fed it. It has no choice, it is entirely deterministic;- and yet algorithms can help you lie. Let’s take a … Continue reading

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“Only rich people think small amounts don’t matter”


That’s a quote from Debora Price and I’m making it a strap for whatever campaign I can cobble together to make Government Incentives happen for those who qualify for them , but can’t get them because their trustees don’t collect … Continue reading

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