Tag Archives: Savings

Why pension AVCs are back as a top employee benefit.

Posted on June 3, 2023 by henry tapper

  There are a number of reasons why AVCs are increasingly popular to members of occupational schemes, most of them come down to a dirty three-letter word – TAX. A sensational tax product TAX- Budget changes mean that saving more … Continue reading →

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“When I’m 65” – poverty’s out of sight – it should not be out of our minds.

Posted on June 21, 2022 by henry tapper

The Institute of Fiscal Studies has done some interesting work on poverty amongst people in their mid sixties, with one extraordinary finding. Jonathan Cribb’ work which suggests that people arriving at the end of their working lives are not managing … Continue reading →

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We need to take people and their pension savings more seriously.

Posted on August 13, 2020 by henry tapper

There is a section of the FCA’s rulebook  entitled PERG/8/28 which deals with the vexed subject of guidance and advice. . When answering the question “do you give advice?” PERG/8/28 is helpful. The Pension Advisory Service  sees advice as “delivering … Continue reading →

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Workplace pensions fall short over “at-retirement support”

Posted on July 14, 2020 by henry tapper

At Retirement Support (with its unfortunate acronym) is not high on workplace pension provider’s priority lists and this is reflected in this survey published by Pensions Expert in an article by Stephanie Hawthorne The survey, conducted by Broadridge, was of … Continue reading →

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Could a wealth tax fix our broken economy?

Posted on July 3, 2020 by henry tapper

Britain is broke, for the second time in 12 years our economy has hit the buffers but this time the noises coming out of Government suggest that it is the wealthy who will pay to fix it. This would be … Continue reading →

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How can savers be encouraged to engage with their savings?

Posted on August 8, 2018 by henry tapper

  This is the 4th of eight blogs considering the questions put to us by the Work and Pensions Select Committee. Today’s exam question… How can savers be encouraged to engage with their savings? Quick answer; either we can convince … Continue reading →

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The loneliness of the long-distance saver

Posted on June 24, 2018 by henry tapper

My heart goes out to Jo Cumbo as she pours over her provider statement. Jo is on the employer governance committee for the FT’s own workplace pension (I won’t mention the contract provider but it’s a household name). Here she … Continue reading →

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We have “capitalism without the capital” – we should be patient!

Posted on November 22, 2017 by henry tapper

It’s budget day and Nigel Wilson has been on Wake up to Money, urging the Chancellor to encourage Britain to invest positively for its future. He tells us that Britain has “Capitalism without the Capital”, he’s right and I’m with the … Continue reading →

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Normalising pension saving for everyone

Posted on October 9, 2017 by henry tapper

The TUC is publishing this morning important research into inclusion. Since our new pensions minister has included “inclusion” in his title, I hope he is reading it! Six in 10 workers in the UK agriculture and hospitality sectors are not … Continue reading →

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Paul Lewis; you are awful – but I like you!

Posted on August 17, 2017 by henry tapper

I was shocked to read – as I scrolled though my digital FT this morning – Paul Lewis telling me “employers should pay more into pensions”.  He argues that “miserly contributions into defined contribution schemes are storing up trouble”. I … Continue reading →

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