Tag Archives: Steve Webb

The DC landscape – littered with small pots!

The Pensions Regulator has published its landscape of trust based Defined Contribution plans in the UK. It’s most easily viewed in this presentation. , If you have flipped through the ten slides, you will have missed the most interesting statistic in … Continue reading

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Affordability – is the NHS pricing people out of its pension scheme?

  Perhaps we are getting a little complacent about opt-outs? The FT has published research showing that opt-outs from the NHS pension scheme are running at 5 times the rate of opt-outs from the Local Government Scheme. When I first … Continue reading

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Some odd things about partial transfers.

There’s a debate going on between Al Rush, Jo Cumbo, Steve Webb and a number of others with regards partial transfers from defined benefit schemes. Want to go 50:50 with a “final salary” pension transfer? Ford will soon let employees … Continue reading

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Will a “Transfer Value Comparator” work?

t DB transfer activity has begun to stabilise, with far more transfers being quoted and taken every quarter compared with the position before the new freedom and choice flexibilities were introduced by the Government in 2015. Bart Huby LCP Aug … Continue reading

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Are some schemes over-paying on Transfer Values?

Royal London have requested and got the notorious letter sent earlier this year to certain schemes perceived to be vulnerable to pension transfers. It includes the following sections. There is nothing new about this guidance; Steve Webb is spot on … Continue reading

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The Great #PensionDebate…is wider than Swansea Bay!

The Great Pension Debate was a fabulous success and proves for a second time that Al Rush is capable of uniting a body of pension enthusiasts in a way nobody else can. Good job Al.   The ongoing challenge Much as … Continue reading

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“Lifestyle” jobs should still pay pensions!

  The latest Gig Economy case to be tested in court starts today , (Monday 30th April) Courier firm Hermes is facing action from GMB Union members. The legal action, which follows GMB’s landmark success against Uber, is on behalf of … Continue reading

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Whatever happened to “pot follows member”?

The Liberal pension spokesperson – the very shadowy Stephen Lloyd, has labelled the Conservative Government “incompetent” for shelving Steve Webb’s pot follows member initiative (which should have arrived in 2016). Guy Opperman, with the weight of the Government’s massive research … Continue reading

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Same as it ever was ; for “Fowler”, read “Webb”

  It was a shame Steve Webb wasn’t at last night’s excellent witness seminar on “Thatcher’s Pensions reforms”.  He would have made an able replacement for Norman Fowler who has been in bed all week with a Lergi (get well … Continue reading

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Salary Sacrifice – a foot in the door for the poorly pensioned?

Everybody knows that the pension tax-relief system is heavily weighted in favour of the have’s who get big income tax incentives. It is weighted against the low waged who can get excluded from contribution incentives altogether. Steve Webb, who thinks … Continue reading

Posted in accountants, actuaries, advice gap, pensions | Tagged , , , , , , | 15 Comments