The Investment Management Association’s proposal for a new system to highlight the impact of costs on the performance of an investment fund has been broadly welcomed, although some advisers are sceptical about...
A Government campaign promising millions of workers a pension of their own for the first time should be reported for investigation to the Advertising Standards Authority.Employees already get an attractive pension on...
Last month the Work and Pensions Select Committee published a report calling for Nest’s contribution restrictions to be lifted now. A spokesperson for the DWP select committee says: “Our very strong view,...
The government has done a lot for those with short contribution records, including a large number of women. And anyone in a defined benefit scheme is doing very well out of the...
A few people in the industry have suggested I go easy on the issue of the single tier pension. It will damage auto-enrolment if we get a big stink about how much...
But the White Paper published last month does leave low and medium earners who have stayed contracted in disproportionately worse off than virtually all other groups, particularly those who have contracted out.This...
The changing nature of retirement, with the introduction of auto-enrolment, means that we need to start thinking differently about our savings. Engaging with younger people on the issues the industry believes are...
David Williams, Friends Life The impact of auto-enrolment on employers has been a topic of unrelenting debate since its launch in October last year. Initial staging data suggests that opt out rates...
Ian McKenna Few in the industry will be surprised by advisers’ robust rejection of the recent suggestion by Nest that firms might carry out auto enrolment work for free, as a potential...
Morten Nilsson, Now: Pensions The face of the pensions industry has changed dramatically over the past year, with auto-enrolment changing the dynamics of the pensions market for good. Yet one area that...
