Tag Archives: workplace Pensions

A battle won – not yet the war; FCA demands cost disclosure.

Posted on September 21, 2017 by

    I get worried by premature announcements of victory. The battle to get proper cost disclosure is a long one , hostilities commenced properly with the OFT report on workplace pensions in 2014. This reminded Government that we know … Continue reading →

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We need more than “A pin-stickers guide to workplace pensions”.

Posted on September 16, 2017 by

Steve Bee once told me that all workplace pensions are the same.  In the context of the conversation (getting small employers to chose the right one), I knew what he meant, it is as hard for small employers to pick … Continue reading →

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Workplace Pension winners and losers- Punter Southall Aspire do the numbers (Now with added NEST!)

Posted on September 13, 2017 by

Employers selecting DC default investment funds for their workforce pensions assume they’re making a wise investment choice. However, a new report, ‘Who’s performing well?’ from Punter Southall Aspire, which examined nine major DC pension providers’ default pension funds in their … Continue reading →

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“Pension contributions triple in April!” – is that what you’ll tell your staff?

Posted on September 1, 2017 by

A lot of small employers we talk to are keen to work out “what happens next” with auto-enrolment. Understandably they want to model the cash-flow implications for their businesses and evolve a communication program as part of the reward strategy … Continue reading →

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

Posted on August 13, 2017 by

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 →

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From Denham to Sier – a 1% world!

Posted on August 3, 2017 by

  You know how sometimes a little fact gets stuck in your head for no apparent reason? Back in 1998, I was reading an article by the then Pensions Minister John Denham. He stated that if we could reduce the … Continue reading →

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The Pension Regulator should not market workplace pensions.

Posted on July 26, 2017 by

  In his statement to announce his scheme’s withdrawal from tPR’s list of workplace pension providers Morton Nilsson claims NOW: Pensions has always been a huge supporter of the master trust assurance framework and was one of the first providers … Continue reading →

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Whose department is workplace pensions?

Posted on May 27, 2017 by

At 11am on Tuesday 18th April I shook hands with Richard Harrington, our Pensions Minister and began a meeting that discussed how small businesses could in future measure how effectively their workplace pensions were working. The meeting was interrupted by … Continue reading →

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Radical thoughts about “value for money” – from Julius Pursaill (aka mystery blogger)

Posted on April 21, 2017 by

  Establishing a consensus on what “value for money” is, is proving too hard for the IGCs and Trustees, we need intervention from a “deus ex machina” (aka the FCA). Once we know the means to measure, I believe the … Continue reading →

Posted in pensions | Tagged , , , , , , | 7 Comments

Meeting the Pensions Minister

Posted on April 17, 2017 by

Tomorrow (18th April) I get to meet the Pensions Minister, which I’m excited about. I’d written to Richard Harrington a few weeks ago, after an amendment to the Pension Schemes Bill had been thrown out. I’d helped the Labour Party … Continue reading →

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