Tag Archives: Steve Webb
For now- fill the potholes – but we need a new road!
In an excellent article in Money Marketing, Nic Cicutti offers us the following analysis of how pension policy has progressed in the past thirty years The defining moment in financial services was the introduction of the 1986 Social Security Act, … Continue reading
Posted in pensions
Tagged auto enrolment, Business, Charlotte Jackson, Debbie Price, Defined benefit pension plan, DWP, Employment, Financial services, money box, new road, pension, Pension new, pensions, Pot-holes, Retirement, Steve Webb, TPAS
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How can auto-enrolment help those that most need it?
This morning I’m off to the House of Commons to discuss this question with some policy people, Prospect Magazine, my friends Alex Rowson of QTAC and Darren Philp of People’s Pension and Nigel Wilson, the CEO of Legal & … Continue reading
“TEEN-AGE kicks” – incentivising sensible spending in retirement
“A teenage dream’s so hard to beat.. Just say those words and I’m thinking 1978, radio under the pillow – John Peel show – 11pm. But I could relive the TEEN- AGE kicks in a few years time, if that … Continue reading
Posted in pensions
Tagged auto enrolment, Business, Defined benefit pension plan, DWP, Employment, Financial services, Government, Insurance, Investment, Investment management, Life annuity, Michael Johnson, pension, Pension new, Retirement, Steve Webb, Teen-age, Teenage Kicks, Undertones
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When is a fiduciary independent?
It’s a question asked by Karen Wake on twitter @JosephineCumbo @henryhtapper @DominicLindley @greggmcclymont So … what is "independent"? We might be chasing a tornado here — Karen Wake (@pensionmonkey) October 29, 2015 I’m not into chasing tornadoes so I’ll try … Continue reading
The day the IGCs had their picnic
Apparently yesterday was the day the IGCs had their picnic or whatever they do when they congregate at some legal temple in the City. The IGC’s – let’s be reminded – were set up by Government to keep the insurers … Continue reading
Posted in governance, pension playpen, pensions, risk
Tagged Evershed, ft, governance, IGC, jo cumbo, OFT, pensions, Richard Butcher, Robust, Steve Webb, workplace Pensions
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PLSA to be of help?
Yesterday , the good egg that is Jonathan Stapleton forwarded me the PLSA’s press release announcing their initiative to help small business’ understand workplace pensions. The Pitch is straightforward “The Pensions and Lifetime Savings Association knows pensions inside out … Continue reading
If not CDC – what?
CDC – flawed in conception Steve Webb told me that when he spoke with Andrew Young, the former Government Actuary for the DWP, Andrew advised him to “think big”. Steve did and he will be remembered not just for the … Continue reading
So just how does pot follow member?
Steve Webb was a politician long on vision but short on execution and no vision of Webb’s was less thought through than the big idea that we should all have “one big fat pot”. So of all Webb’s pension models … Continue reading
Will auto-enrolment capacity get crunched?
Today is the day of the Friends of Auto-Enrolment Capacity Crunch Conference which takes place in PWC’s offices at Charing Cross. The big debates of the day will be about Whether there will be a capacity crunch either in … Continue reading
Posted in advice gap, auto-enrolment, Payroll, pension playpen, pensions
Tagged AE, Andy Agethangelou, API, Business, CIPP, employers, FoAE, FofAE, Friends of Auto-Enrolment, Payroll, payroll administrator, payroll bureaux, payroll professional body, payroll software, Pension new, pension playpen, pensions, Ros Altmann, Steve Webb, Workplace Pensiions, workplace Pensions
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Pot follows member – over a cliff?
There’s a great saying in racing “I’d follow that horse over a cliff”. It’s a morbid comment on most gambler’s instinct to chase losses for sentimental rather than economic reasons. When conviction sets in, then rationality is the loser and … Continue reading
Posted in pensions, Pensions Regulator, Personal Accounts, Popcorn Pensions
Tagged advice, annuity, auto enrolment, Ben Cocks, big-fat-pot, DWP, Employment, insurance companies, insurance company, Pension Freedoms, Pension new, pension playpen, pensions, Politics, Pot, Pot follows member, Retirement, Steve Webb
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