Tag Archives: workplace Pensions

Govt. data shows the dynamism of Defined Contribution workplace pensions

In the past two weeks, we have had two government reports on the shape of the UK funded pension market. The first – the Office of National Statistics report presents a snapshot of the entire DB/DC market last summer. It … Continue reading

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Why should we want to incur high fees on our pension pots?

“Incurrence” is a bizarre word. It is mostly used in the investment markets and typically in relation to debt. It is used by the Pensions Minister in announcing the draft regulations that will enable DC schemes to voluntarily incur fees … Continue reading

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Choosing strong pensions for your workforce.

  In an earlier blog I explained  by means of a metaphor about letting big trees grow by removing the deadwood from the forest, how Government is expecting to get people out of the grey box and into the yellow … Continue reading

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Could #Budget21 be a game-changer for our pensions?

Sunak’s 2021 budget amounts to a kick in the backside to workplace pensions that could do for workplace pensions what the pension freedoms did to annuities.  By workplace pensions, I mean the savings schemes funded through payroll and joined by … Continue reading

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Whatever happened to the Standard Life?

Life insurance companies are not in favour and haven’t been for some time. The consolidation of the sector around a few financial behemoths L&G, Aviva,  Royal London , Prudential , Quilter , Aegon , Just and LV= leaves no trace … Continue reading

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TPR busts Audax and its trustee – slow but sure turn the wheels of justice!

Over four and a half years after I smelled a pension rat, I am pleased to see that the Pensions Regulator has issued a determination that puts an end to the dodgy practices surrounding the Audax Pension Scheme.  I blew … Continue reading

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Why I’m changing my mind about NEST

Nest nudge pension freedoms to one side https://t.co/QTwvZDVnKt via @henryhtapper – we don’t have a NEST equivalent in Australia – and it’s starting to look like a significant oversight in the evolution of our #superannuation system. @NESTInsight — Jeremy Cooper … Continue reading

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The risks “private funds” pose to UK’s workplace pensions.

The publication of a document form the American Securities and Exchange Commission into the activities of private equity and hedge funds (private funds)  came two days before the DWP called for evidence on the AE charge cap. You can read … Continue reading

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The FCA promote a secondary market in workplace pensions

It’s an obscure section of a paper that will probably be read by a relatively few people expert in pensions. If I hadn’t published it this morning it might have been overlooked as it is buried deep in the cost … Continue reading

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A whole new can of “defaults”

The Pension Regulator’s found a new can of worms to open. This time it relates to a very local problem but creates some difficulties for those running and governing DC pensions. As the vast majority of money going into DC … Continue reading

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