Tag Archives: Steve Webb
Does HMRC care about DC savers who want their money due them?
More than half a million people have now been forced to reclaim tax they never owed after dipping into their pensions, with former pensions minister Steve Webb saying the system is “designed for the convenience of the tax office, not … Continue reading
Playing the second half of the pension game with “defaults”
“Making sure more employers and savers have the option of an innovative CDC pension scheme is an important part of making that happen.” It would be easy for an enthusiast like Henry Tapper to argue for a CDC future , … Continue reading
Welcome Scotland – goodbye Culloden
Those familiar with these things will recognise my Partick correspondent talking to the Pensions Minister. He’s chuffed as he should be – few people achieved what he has done for the PPF. I have been thinking of the exercise of … Continue reading
Posted in pensions
Tagged Business, DWP, National Employment Savings Trust, pension, Retirement, Steve Webb
2 Comments
PPF – 20 years old – memories of a child and teenage pension!
As part of our 20th anniversary celebrations, our colleagues have been sharing some of their memories from their time at the PPF. We’d love to hear your stories, memories and pictures too! Tag us and use the hashtag #PPF20 pic.twitter.com/TJyCl7eHmz … Continue reading
Competition will not drive good funded pensions; that’s over.
Waking up to a new pensions world I am sorry to read arguments on social media and in Pension Age lamenting the loss of the competition we have today. The mess of GPPs, single employer DC schemes and the majority … Continue reading
Posted in advice gap, auto-enrolment, pension playpen, pensions
Tagged David Brooks, Pensions, Steve Webb
1 Comment
Where should our £1.6tn be invested?
I want to know how pensions can be reorganised to meet the needs of members, sponsors and the taxpayer whose money keeps Government going. Steve Hodder Partner at Lane Clark & PeacockPartner at Lane Clark & Peacock The Government has … Continue reading
Posted in pensions
Tagged annuity, Business, Business and Economy, CDC, dc pensions, DWP, Government, Pension new, pension playpen, Pensions, Retirement, Steve Webb, TPR, workplace Pensions
2 Comments
Ten years on and the DB to DC transfer turns sour.
In 2016 I started writing about transferring pensions to wealth management firms including old fashioned personal pensions but mainly self invested personal pensions. There were some smart people arguing that taking a transfer value back then was good news personally … Continue reading
Posted in pensions
Tagged advice, annuity, BSPS, dc pensions, Financial services, LCP, pension, Pensions, Steve Webb, Tax, Transfer
4 Comments
DC VFM = the value of pension for the money saved.
I think the scale program instigated by Government to get DC plans “valuable” is the wrong measure. I’d like to say why. Government can achieve its aim of VFM for DC schemes better. Government needs to start thinking of VFM … Continue reading
Posted in pensions
Tagged advice, AgeWage, auto enrolment, corporate risk, DWP, Financial services, National Employment Savings Trust, Pension new, Pensions, Retirement, Steve Webb, TPR
2 Comments
Steve Webb and David Fairs on what isn’t going on in pension policy
People are getting a little confused with all these pension announcements going on. This blog tries to make sense of them with the help of a podcast from Steve Webb and David Fairs which I am providing some commentary … Continue reading
Pension tax-relief needs re-branding as “matching”.
We are due after July 4th, a general review of pensions, which has got the big guns at the IFS excited and top gun- Steve Webb (ex IFS) very excited indeed. So excited that he has gone to press (FT … Continue reading
Posted in pensions
Tagged auto enrolment, DWP, incentives, pension, Pension new, Pensions, politics, Retirement, Steve Webb, tax-relief
2 Comments