For younger readers, MIRAS was Mortgage Interest Relief at Source. A scheme allowing UK homeowners to receive tax relief on…
We bought our present house more than forty years ago. The newspapers all said "Buy as expensive a house as…
The RF approach is probably close to what Andy Burnham would like to happen, but the mood music at present…
The economic background is challenging and guidance can be found in the recent report The RF report’s key findings are:…
Tag Archives: People’s Pension
2017 – a year when workplace pensions will grow up!
Restoring confidence in pensions 2017 has dawned on a different pension landscape . There are more than twice as many employers participating in workplace pensions as at any time in British history, the stock market is at an all-time high … Continue reading
Posted in Fawlty Towers, pension playpen, pensions
Tagged auto-enrolement, CDC, Drawdown, Grow, internet, pension playpen, pensions, People's Pension, Wealth, workplace Pensions
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People’s Pension admits undisclosed charge-hike.
Last week I published an article “Power to the People”, calling on People’s pension to tell their members what their asset managers were charging for stock lending on trustee’s assets. People’s Pension has responded with a comment on that blog. … Continue reading
Power to the people (now we’re taking the risk).
If the People’s Pension , is really the people’s pension, why aren’t the people who are members being told what they are paying for membership? For some months, I have been saying privately to the management and Trustees of … Continue reading
Posted in advice gap, auto-enrolment, pensions
Tagged B&CE, corporate governance, Funds governance, IGC, Index tracker, People's Pension, SSGA, State Street, stock lending, Transparency
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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
Posted in pensions, pot
Tagged Consultant, Debora Price, DWP, Employment, Financial services, JLT, Mastertrust, National Employment Savings Trust, NEST, net-pay, NOW, pension playpen, pensions, People's Pension, poor, relief at source, Retirement, rich
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“The best way forward or the NEST way forward?”
If you are an employer and you have made a decision, there is no liability—that is clear in the legislation. If you have decided to go with NEST rather than NOW: or People’s, there is no liability that can fall … Continue reading
Posted in accountants, auto-enrolment, NEST, now, pensions, Personal Accounts
Tagged Aviva, dc pensions, DWP, Government, Legal and General, NEST, NOW, pension, Pension new, pension playpen, pensions, People's Pension, Richard Harrington, Standard Life, workplace Pensions
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Money corrupts, is State Street corrupted absolutely?
Is there no end to the greed within State Street’s global custody division? Two former executives at State Street have been charged by US officials for their part in a scheme involving secret commissions within its transition management business. Ross … Continue reading
Posted in pensions
Tagged Business and Economy, corporate governance, corporate risk, Global custody, NEST, pension, pension playpen, pensions, People's Pension, State Street
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Time-Cost will prevail
That “it’s all about payroll stupid!” has become one of the axioms of auto-enrolment strategy. It’s a truism you hear mouthed by people who sell pensions but I’ve not hear many in payroll return the compliment! “It’s all about pensions” … Continue reading
Posted in Payroll, pensions
Tagged auto enrolment, Legal and Genera;, NEST, NOW, pension, pensions, People's Pension, Standard Life, workplace pension
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Choice – we love to have it – we hate to use it!
Choice – a mass of contradictions I’ve noted before that choice is something we feel we cannot do without but is something we generally cannot deal with. It is rare that the phrase ” I had no choice” is used in … Continue reading
Only we can tell who’s giving VFM on auto-enrolment support!
There’s been plenty of controversy in the last quarter about providers making upfront and regular charges for support. NEST have said they won’t charge – but employers need to be self- sufficient, People’s and NOW will both charge for support … Continue reading
Posted in pensions
Tagged auto enrolment, Aviva, NEST, NOW, pensions, People's Pension, Standard Life, support
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Is a Net Pay pension scheme ever suitable for those earning <£11,000pa?
@pensionmonkey Who can explain why Net Pay pension scheme is suitable for those earning <£11,000pa next yr?@PensionsSam @Henryhtapper — Ros Altmann (@rosaltmann) November 20, 2015 With this straightforward question, our Pensions Minister puts her finger on one of the central … Continue reading
Posted in pensions
Tagged master trust, NEST, net-pay, People's Pension, relief at source, Ros Altmann, trust
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Yes - but particularly in terms of pensions we need to support existing employers and help them thrive and grow.…