That raises the wider question as to whether pension scheme surpluses should be "localised". Should TPR with it statutory duty…
This blogs itself whether mineworkers have had many breaks over the last 100 years and concludes that they haven't. So…
The answer to the groundhopping nerd's question at the end of that blog may be Hadley FC, but it's moot…
The discussion about housing and making better use of available space raises an interesting point: not everyone needs a large…
Tag Archives: trust
To understand value, get a grip on price
Workplace pensions are not priced as they seem. When an employer chooses a workplace pension, he/she sees member borne charges and employer charges. The employer charges are paid by the employer as fees (anything from £0 -£1200 pa, member borne … Continue reading
Posted in IGC, investment, pensions
Tagged auto enrolment, Business, IGC, National Employment Savings Trust, pensions, trust, Value for Money, workplace pension
3 Comments
Why we have no choice but to trust on tax
People argue that a taxation system that offers limited incentives upfront and relies on “jam tomorrow” is flawed. People won’t trust it But such a system is in place, it is labelled the Individual Savings Account (ISA) and people trust … Continue reading
Is a Net Pay pension scheme ever suitable for those earning <£11,000pa?
@pensionmonkey Who can explain why Net Pay pension scheme is suitable for those earning <£11,000pa next yr?@PensionsSam @Henryhtapper — Ros Altmann (@rosaltmann) November 20, 2015 With this straightforward question, our Pensions Minister puts her finger on one of the central … Continue reading
Posted in pensions
Tagged master trust, NEST, net-pay, People's Pension, relief at source, Ros Altmann, trust
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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 savings paradox – a crux of trust!
The more people save, the less we seem to be saving. This seems to be the paradox facing auto-enrolment. And if the doomsters contemplating the impending changes to tax relief are right, not only will auto-enrolment reduce per capita spend … Continue reading
Posted in pensions
Tagged incentives, pensions, saving rates, Tax, trust, workplace Pensions
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Mastertrusts – an accident waiting to happen?
How do we pay for pensions? We still know too little about what we are paying for pensions. The following statement appears on Standard Life’s website Employers can be confident that their schemes will all be compliant with the charge … Continue reading
Can IFAs create their own profession?
James Walker has published BWD’s assessment of the prospects for firms offering financial advice as their core product. He paints a picture of rising regulatory costs and sluggish growth prospects preventing IFA practices from employing the young blood to refresh it. Last … Continue reading
Posted in advice gap, FCA, Financial Conduct Authority, First Actuarial, Personality
Tagged advice, Business, career, DWP, Employment, financial advice, financial planning, IFA, Jim Thomson, pension, Pension new, pension playpen, profession, regulatory costs, Thomson Grey Wealth Management, trust
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The inter web of trust
My father did his national service in the navy. I remember him telling me why those in the navy saluted with a closed palm and those in the army with an open palm. According to my Dad, those in the … Continue reading
Posted in corporate governance, customer service
Tagged army, compliance, due diligence, navy, search, Transparency, trust, web
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The language of trust..Pension Play Pen Lunch- Monday
The Pension Play Pen lunch on Monday (Nov 3rd) will be led by Mark Scantlebury of Quietroom and will discuss the language of trust. The point of the Pension Play Pen Linked in group is to get nearly 6000 people … Continue reading
WONGA – The context of the decision
The decision of the FCA to enforce a section 166 order on Wonga demonstrates a new intent to get to grips with bad behaviour in the financial community which has got to be good news for us in pensions. … Continue reading
[…] Please go back and read yesterday’s blog – it’s here […]