Tag Archives: workplace

CDC – a personal perspective

Posted on September 14, 2023 by henry tapper

  Yesterday I published a very passionate denouncement of the ABI which unsurprisingly hasn’t pleased the ABI. My beef is based on 15 years of frustration getting to a point where Government has promoted CDC as a Mansion House Reform … Continue reading →

Posted in pensions | Tagged , , | 2 Comments

ReAssure’s IGC report – proves there can be value at the bottom of the barrel.

Posted on October 17, 2022 by henry tapper

This article focusses on the IGC Chair’s report for ReAssure, published in September for the year to the end of 2021. As its Chair, David Hare makes clear, it doesn’t include the member experience for 2022, that will follow – … Continue reading →

Posted in pensions | Tagged , , , , | Leave a comment

Should the new Pension and Growth minister grow auto-enrolment?

Posted on October 13, 2022 by henry tapper

There is growth and there is growth – it looks like growing pensions through auto-enrolment is the wrong kind of growth. Pensions have not been immune from the current political and market turbulence. Indeed they have been branded both victim … Continue reading →

Posted in pensions | Tagged , , | Leave a comment

Disrupted work

Posted on September 18, 2022 by henry tapper

The last two years has seen significant shifts in the way we work and we all know why, Sars 2 was the culprit and though we are close to leaving the state of pandemic, the disruption of home-working is here … Continue reading →

Posted in pensions | Tagged , , | 1 Comment

Why pension tax-relief has remained a rich man’s perk

Posted on April 18, 2022 by henry tapper

Back in 2015, when reform of the pension tax relief system was under a consultation “Strengthening the incentive to save: consultation on pensions tax relief – GOV.UK (www.gov.uk)” the Government requested Ipsos Mori to research how much the general population … Continue reading →

Posted in pensions | Tagged , , , , | 2 Comments

The OECD’s 10 Commandments for DC pensions

Posted on March 7, 2022 by henry tapper

The OECD has produced a well thought out Recommendation for the design of defined contribution pension plans. Published on 23rd February, it has received little comment (presumably as it has not been subject to a press release). However, it is … Continue reading →

Posted in pensions | Tagged , , , , , , , | 1 Comment

What we need are “after-workplace pensions”.

Posted on November 13, 2021 by henry tapper

The concept of the “employer covenant” is different for member and trustee The concept of collectivism in pensions is restricted to the workplace. The key instruments of collective pensions are payroll that collects contributions, the corporate treasury team that provides … Continue reading →

Posted in actuaries, advice gap | Tagged , , , , | 1 Comment

Do you want to pay school fees for your pension?

Posted on November 4, 2021 by henry tapper

  In this article, I challenge the pension industry to consider its promise to those saving for retirement – implicit in the phrase of “a pension plan“. My challenge is “where is the planned pension?” In an interesting article on … Continue reading →

Posted in advice gap | Tagged , , , , | 2 Comments

Workplace Pensions with a Purpose

Posted on October 30, 2021 by henry tapper

I’ve been watching s “Pension with a Purpose” networking group develop. You can read about it here. The supply chain leads from asset managers to large pension funds but doesn’t quite reach the member – this is a member’s club … Continue reading →

Posted in ESG | Tagged , , | 1 Comment

Weaknesses in the DB purchasing model exposed

Posted on July 2, 2021 by henry tapper

Chris Sier and Ritesh Singhania have published research conducted by Clear Glass that shows  that UK DB pension plans waste billions on underperforming asset managers. The research, published in today’s FT, is concerning. Why are there such weak controls in … Continue reading →

Posted in pensions | Tagged , , , , | Leave a comment