Tag Archives: workplace Pensions

Death by 10 million pots – how to solve the small pot crisis


  There are 10 million new savers into workplace pensions. If every saver changed jobs 10 time, that would mean 100 million new pension pots- unless some means of rationalising pot proliferation can be found. The DWP estimate that by … Continue reading

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AE – a day of reckoning to come?


More of us are saving, but we aren’t saving any more. The democratisation of pension saving – arising from auto-enrolment is a great thing – everyone can dare to dream of stopping work under their own power. But there is … Continue reading

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Can a DC plan be “in deficit”?


Yesterday, I fired off a message to the Pensions Regulator to put a stop on Whitbread’s sale of Costa to Coke, till restitution is made of the money owing to the low earners auto-enrolled into its net pay workplace pension. I won’t … Continue reading

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Should we be empowering consumers or regulating providers?


  Well we’re on to question three – all the proposed eight blogs  will be sent to WPC as our evidence – when I mean “our”- I mean mine – and the thoughts of anyone who cares to comment. So here’s this morning’s exam … Continue reading

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Workplace pensions – value for money?


  This is the second of eight blogs answering the questions set out in the Work and Pension Select’s inquiry into transparency in pensions. The idea is that this blog, together with comments from anyone who chooses, will go to … Continue reading

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Must we remain in darkness about our retirement money?


  The two comments on this thread from David and Matt, show the two ways that pots could follow member. David’s solution is the solution that Hargreaves Lansdown want our Government to adopt. Matt points out that it could force … Continue reading

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AE Pots must follow workers (Hargreaves Lansdown’s right)


I have just read a policy paper in my hand from Hargreaves Lansdown;  “Putting Individuals at the Heart of the Pension System”. After some pretty dire submissions to the Work and Pensions Committee on CDC, I hadn’t thought to agree with … Continue reading

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Why we will always need a charge cap on workplace pensions.


    Tony Filbin has commented feelingly to comments made by Jonathan Parker of Redington, suggesting the charge cap “hinders value for money“. People with short memories and/or lack of experience misunderstand the cost drivers of corporate pension providers. Prior … Continue reading

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Nothing wrong with being contrarian – the Hargreaves Lansdown 2018 IGC report


There’s a compelling logic to the HL IGC Chair’s introduction Since they all relate to value for money for scheme members, our findings and progress are set out in the following analysis of value for money. Value for Money is … Continue reading

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Scottish Widows IGC – you can’t talk your way past Babloo


Scottish Widows have published their IGC report and it makes interesting reading. Babloo Ramamurthy, it’s chair, is a great believer in communication. You can tell by the number of instructions he gives to his provider to sort out its communications. In … Continue reading

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