Tag Archives: NEST
(NO) time to hit the pensions panic button.
Those over the age of 55 are panicking over the possibility that the chancellor could slice the cap on tax-free cash to as low as £100,000. I do not think this will happen, but many people with large pensions are … Continue reading
Validating a proposal to pay people pensions
My very good friend Carsten Staehr has sold his interest in payroll to pursue his interest in his family, sport and alcohol (running a wine bar). Tales of Carsten are numerous and I will not rehearse the excesses that have … Continue reading
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Tagged AgeWage, Business, Con Keating, corporate governance, DB, dc pensions, de-risking, Government, NEST, pension, Pension new, pension playpen, Pensions, Retirement, Steve Webb
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The potted history of Nest (Damian Stancombe)
Damian Stancombe, a charming and affable cotemporary of mine, has reposted a 2015 article that asks whether Nest should be nationalised- “Nest pot or crack pot” It’s helpful to look back on the past and learn. Damian’s article is prescient. … Continue reading
How Standard Life’s Master Trust could be a world beater.
Over this Easter weekend, Helen Dean, former CEO of Nest and one of the architects of auto-enrolment, will take over as Chair of Standard Life’s Master Trust. Big challenge 1.0 She can look back at this statement, made when she … Continue reading
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Tagged Cushon, L&G, NEST, Pensions, Smart, Standard Life, workplace Pensions
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£74m written off over ATOS as Nest signs £1.5bn Tata deal
In 2021, Nest and Atos announced a shared commitment to help millions enjoy a better retirement (I and my staff among them). We were told at the time The new service, which will begin in 2023, will focus on … Continue reading
Putting our money where the Chancellor’s mouth is.
After a week of hearing how hard it will be to invest in growth capital. I am relieved to hear that the British Business Bank is planning to help pension funds invest in venture capital using its considerable intellectual … Continue reading
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Tagged Business, CDC, DWP, Financial services, Government, National Employment Savings Trust, NEST, pension, Pensions
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Master trusts get a gentle kick up the bum!
The Mansion House reforms are giving workplace pensions a welcome kick up the bum. I can see four strategies taking hold over the next 12 months Renovation through acquisition Re-energising pensions for small employers A flight to quality for … Continue reading
Nest passes £30bn !
Yesterday was a good day for big pension schemes. USS finally gave back its pre 2022 benefit promise to its members, the Government are rumored to be putting the PPF to work and yesterday Mark Fawcett and Elizabeth Fernando celebrated … Continue reading
PMI DC and master trust symposium -a welcome anchor!
I got a surprise but most welcome last minute acceptance to this event, having been on the waiting list. The event was a sell-out with well over 200 delegates, a healthy exhibition and a day long event that kicked off … Continue reading
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Tagged Business, CDC, dc pensions, DWP, Mastertrust, National Employment Savings Trust, NEST, Retirement, TPR
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Do we ever save enough to stop work?
I am not at all sure that most people ever feel secure enough to pack work in. So I found Ali Hussain’s article in the Times , depicting fifty somethings rushing to the door at the prospect of higher … Continue reading
Posted in pensions
Tagged DWP, Employment, FCA, Financial services, Government, NEST, pension
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