Tag Archives: Steve Webb

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

Posted in advice gap, BSPS, pensions | Tagged , , , , , , | 3 Comments

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

Posted in pensions | Tagged , , , , , , | 9 Comments

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

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

“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

Posted in auto-enrolment, pensions | Tagged , , , , , , , | 2 Comments

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

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

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

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

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

Sexy cash in a vibrant market? You ain’t seen nothing yet!


I’m not quite sure why Money Marketing is reporting man of the people Steve Webb as re-phrasing Bachman-Turner Overdrive’s famous phrase, this way Steve Webb: DB transfer demand? You’ve not seen anything yet Steve is not a linguistic pedant and … Continue reading

Posted in pensions | Tagged , , , , | 1 Comment

“Going halves on DB” – the argument for (and against) partial transfers.


(Rival) consultancy LCP and insurer Royal London have joined up to produce a paper calling for it to be mandatory for trustees to provide members with the option to take part of their DB pension as pension and part as … Continue reading

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

NEWS- Saving into a pension is what we WANT to do!


Well you may not find it news, but I do. I started out in 1984 selling pension policies to people who I met in Oxford Street and again at their homes. These people were promised ridiculous returns (13% pa on … Continue reading

Posted in auto-enrolment, pensions | Tagged , , , , | 3 Comments