Tag Archives: OFT

“Fund pays”. How platforms hide the bills till it’s too late.

Posted on May 22, 2018 by henry tapper

I published a blog over the weekend , which is rather better for the comments it’s attracted. Indeed there’s an argument to read the comments and ignore the blog! The blog asked “what’s the point of platforms?”. I hadn’t expected … Continue reading →

Posted in advice gap, pensions | Tagged , , , , , , , | 6 Comments

How do I rate my various pensions?

Posted on February 27, 2018 by henry tapper

Following the publication of yesterday’s Guidance from the DWP on “DC pension” disclosures, this article asks “have we any framework for answering the question in the title?”. The conclusion is “not yet”, thought the disclosure guidance takes us another step … Continue reading →

Posted in auto-enrolment, pension playpen, pensions, Sage | Tagged , , , , , | Leave a comment

The day the IGCs had their picnic

Posted on October 29, 2015 by henry tapper

Apparently yesterday was the day the IGCs had their picnic or whatever they do when they congregate at some legal temple in the City. The IGC’s – let’s be reminded – were set up by Government to keep the insurers … Continue reading →

Posted in governance, pension playpen, pensions, risk | Tagged , , , , , , , , , , | Leave a comment

Should workplace pensions have a duty of candour?

Posted on June 29, 2015 by henry tapper

We seem to have learned nothing from the Office of Fair Trading report on workplace pensions. In case you’ve forgotten, the OFT reported they’d never encountered such  poor purchasing as with employers purchasing pensions for their staff. What has been … Continue reading →

Posted in pensions | Tagged , , , , , , , , | 10 Comments

Good to be back – back to a different world.

Posted on November 23, 2013 by henry tapper

It’s been a long time since I’ve posted. The problem – the hardware- my PC really wan’t up to the task and I’m on a cool Mac Air as I type. So what’s happened since last we met? A lot! … Continue reading →

Posted in pensions | Tagged , , , | Leave a comment

An advice gap…or a competence gap?

Posted on July 27, 2013 by henry tapper

I wish the OFT success in their endeavours, I enjoyed reading their interim paper and I’m sure I will enjoy reading the output of their current research in the autumn. In the meantime, we have work to do. Continue reading →

Posted in advice gap, pension playpen, pensions | Tagged , , , , , , | 1 Comment

Storm clouds gather round legacy workplace pensions

Posted on July 13, 2013 by henry tapper

OFT investigation called for by Labour should be a signal to Government to back down and accept our amendments to the Pension Bill – McClymont Continue reading →

Posted in pensions | Tagged , , , , , , , , , , | Leave a comment

Is our pension scheme good enough for auto-enrolment?

Posted on July 2, 2013 by henry tapper

Today, assessing whether your existing pension qualifies for auto-enrolment is easy. Continue reading →

Posted in annuity, auto-enrolment | Tagged , , , , , , , | Leave a comment

“We don’t know what we’re doing”!

Posted on June 16, 2013 by henry tapper

To the average fan it is not the fans or player or clubs that bring the game into disrepute it is the referee – hence the chants the politest of which is “you don’t know what you’re doing”. But it’s never that simple. What … Continue reading →

Posted in actuaries, advice gap, auto-enrolment | Tagged , , , , , , , | 1 Comment

Commission – an unwanted risk.

Posted on May 22, 2013 by henry tapper

Remaining in denial only defers and increases risk. Continue reading →

Posted in advice gap, pensions | Tagged , , , , , , , | Leave a comment