Tag Archives: Regulator

Should regulators be enforcers?

Posted on August 18, 2022 by henry tapper

  Tim Thomas asked this question at a TTF seminar  this lunchtime. His conclusion was they considered themselves a world-class regulator and a reluctant enforcer. From comments made by Andrew Bailey (former CEO) and Mark Steward (former head of enforcement) … Continue reading →

Posted in pensions | Tagged , , , , , , , , , | 2 Comments

So what would a pension exit charge cap look like?

Posted on January 24, 2016 by henry tapper

Yesterday I spoke on Money Box in support of a cap on exit fee penalties from legacy personal pensions. Claire Trott spoke well in opposition and I’m quite sure that the ABI will take comfort in her argument that a … Continue reading →

Posted in actuaries, dc pensions, Pension Freedoms, pensions, Pensions Regulator | Tagged , , , , , , , , , | 2 Comments

An alarming gap in pension regulation

Posted on March 9, 2015 by henry tapper

In this world, the best lack all conviction, while the worst are filled with a passionate intensity Continue reading →

Posted in auto-enrolment, Pension Freedoms, pension playpen, pensions | Tagged , , , , , , , , , , , , , , , , , , , | 4 Comments

The Pension Industry cannot serve two masters

Posted on October 13, 2014 by henry tapper

Pensions are at a crossroads. For 30 years they have been travelling in the direction of the financial services and we could continue that direction of travel. We could turn left and go Dutch or turn right and adopt the American … Continue reading →

Posted in auto-enrolment, dc pensions, NEST, pensions, Retirement | Tagged , , , , , , , , , , , , | Leave a comment

Make AE tardy bosses a “cause of innocent merriment”.

Posted on June 18, 2014 by henry tapper

My object all sublime The stated purpose of auto-enrolment is to include 11m people currently excluded from pensions savings in good quality workplace pension schemes so they can receive more from the pensions system than their state pension entitlement. I … Continue reading →

Posted in auto-enrolment, pensions, Pensions Regulator | Tagged , , , , , , , , , , , | Leave a comment

“Ex dolo malo non oritur action” – the mysteries of pension liberation

Posted on July 17, 2013 by henry tapper

it seems that the Regulator is right in saying it has not itself threatened trustees, merely pointed out the threat that exists from the Regulations Continue reading →

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“Comply or explain” – will “bottom up” regulation work for pensions?

Posted on January 13, 2013 by henry tapper

“Comply or Explain” is a phrase that crept into the “corporate governance” lexicon after the 1992 Cadbury report. The idea’s that rather than demand compliance with Government standards, regulators give companies the option to comply or explain why they haven’t. … Continue reading →

Posted in auto-enrolment, club pension, corporate governance, customer service, Fiduciary Management, Financial Education, napf, NEST, pension playpen, pensions, Retirement | Tagged , , , , , , , | 11 Comments

2 cheers for the Regulator’s new clothes

Posted on January 11, 2013 by henry tapper

Not before time, the Pension Regulator is getting to grips with its responsibilities to protect members of UK DC plans. I am pleased that the Regulator is getting involved (one cheer) and I’m pleased that they are concentrating on outcomes (two … Continue reading →

Posted in actuaries, annuity, Australia, auto-enrolment, pension playpen, pensions, Retail Distribution Review, Retirement | Tagged , , , , , , , | 15 Comments

Right direction – wrong speed! Defining a “good” workplace pension.

Posted on December 8, 2012 by henry tapper

I like the rhetoric, what the DWP and tPR are saying is going in the right direction, I hope they can keep their foot to the floor so that companies and trustees staging next year can get it right first time. Continue reading →

Posted in dc pensions, Management, napf, Payroll, pension playpen, pensions, Retirement | Tagged , , , , , , , | 12 Comments

Extending a hand to the Regulator

Posted on September 24, 2011 by henry tapper

Saturday morning allows me time to expand on some hurried thoughts in my post The Regulator, wisdom and the crowd. Continue reading →

Posted in corporate governance, dc pensions, pension playpen, pensions | Tagged , , , , , , , , , , , , , , | 9 Comments