From Department of Labor data, Form 5500 reporting that applies to almost all private sector retirement plans: 1975 Data: About…
This maybe applies to around half of Baby Boomers in the UK, Jack. But only to that generation, of which…
"... most of rely on a state pension and an occupational pension. We still expect a reasonable wage in retirement…
Fair enough. I don't speak from insider knowledge, it's just my perception as an Outsider-looking-in from speaking to scheme members.
Tag Archives: workplace pension
Time-Cost will prevail
That “it’s all about payroll stupid!” has become one of the axioms of auto-enrolment strategy. It’s a truism you hear mouthed by people who sell pensions but I’ve not hear many in payroll return the compliment! “It’s all about pensions” … Continue reading
Posted in Payroll, pensions
Tagged auto enrolment, Legal and Genera;, NEST, NOW, pension, pensions, People's Pension, Standard Life, workplace pension
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“PENTECH” slashes the cost of pension advice
Over the weekend I heard a mortgage broker talk about automated mortgage underwriting as “mortech” and as Investec grabbed the technology high ground some years ago, I’m going to lay claim to “PENTECH” for http://www.pensionplaypen.com. I’m proud that what was … Continue reading
Unbiased?
We all know that when we go on Google or Twitter, certain search results or tweets are promoted. We know that they are at the top of the list because they are market as promoted. The products that lie behind … Continue reading
Posted in advice gap, pensions
Tagged advice, IFA, pension, pension playpen, unbiased, workplace pension, www.pensionplaypen.com
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There’s no shortcut to pension due diligence -Ros.
It’s reported in the FT that efforts to regulate the burgeoning master trust market have stalled and we’ll have nothing on the statute books this time 2017. This is no surprise, there is no legislative window till Pensions Act 2016 … Continue reading
Posted in pensions
Tagged due diligence, MAF, master trust assurance framework, pension, pensions, TPR, workplace pension
2 Comments
There’s not much occupational about an occupational pension
The decision of the High Court to overturn the Pension Ombudsman’s ruling that Ms Hughes could take benefits into an occupational pension scheme set up expressly to invest in overseas property may have wider ramifications than outlined in my recent … Continue reading
Posted in pensions
Tagged Cape Verde, Ms Hughes, occupational pension, pension, pension playpen, Retirement, workplace pension
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Are mastertrusts safe?
Is it good enough that pension schemes can operate without ANY capital adequacy requirements That’s the question posed by FT’s Jo Cumbo and as that old adage “50% of people don’t know what “50%” means” goes to show, most people … Continue reading
Posted in pensions
Tagged auto enrolment, Financial services, pension, pensions, Retirement, trust mster trust, Workie, workplace pension
4 Comments
Choosing our “Workie”- how hard can we make it?
This week and for weeks to come , I am out and about talking with the payroll partners of large accountancy practices who feel they have no choice but to help their employer clients through auto-enrolment. I’m doing this work … Continue reading
Posted in pensions
Tagged accountancy, accountants, auto enrolment, Financial services, net-pay, Payroll, pension, relief at source, Workie, workplace pension
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“And the language that he used!” Does Workie speak?
Go to him now, he calls you- you can’t refuse If you ain’t got nothing- you got nothing to lose! Great lines taken out of context from Bob Dylan’s “Like a Rolling Stone“. The link takes you to a … Continue reading
Posted in pensions
Tagged articulate, measures of support, pension, pension playpen, Workie, workplace pension
4 Comments
What has the financial services industry learned from auto-enrolment?
The first lesson that the financial services is learning from auto-enrolment is that consumer purchasing cannot be predicted on the basis of past performance. Continue reading
Posted in pensions
Tagged apprentice, auto enrolment, FAMR, FCA, IFA, on-line, pensions, regulation, robo-advice, Workie, workplace pension
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Asleep at the wheel on net pay – and they want to drive the bus!
The PLSA are making a fuss about SMEs. Small Business Saturday tells me that my small business can get its help – and it’s just round the corner! But I am not convinced, since the launch of Pension Solutions, its … Continue reading
Posted in napf, NEST, pension playpen, pensions, PLSA
Tagged asleep at the wheel, auto enrolment, net-pay, PLSA, relief at source, Workie, workplace pension
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https://jackie125.substack.com/p/scotlands-frosty-response-to-andy