Feathering their own NESTs?

July 19, 2013 Leave your thoughts

One of the problems with QUANGOs is that their autonomy makes it difficult to control their costs. The nature of the beast makes it difficult for politicians, who set them up in the first place, to step in and ensure that controls are in place to avoid exploitation of their […]

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Unexpected item in the bagging area

May 9, 2013 1 Comment

When auto-enrolment was first mooted, it was forecast that one of the immediate benefits to the UK would be the arrival of new entrants into the pension manufacture and distribution arenas. Happily, this has been the result on the manufacturing side with the government based National Employment Savings Trust (NEST) […]

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TechLife Exaxe Newsletter March 2013

March 7, 2013 Leave your thoughts

[dropcap letter=”T”]he March print edition of TechLife is now available. TechLife is published every quarter and is filled with industry news, white papers and information on legislative changes. If you wish to receive a hard copy of TechLife please email marketing <@> exaxe <.> com with your name and postal […]

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Why are we afraid of compulsory pensions?

October 24, 2012 Leave your thoughts NAPF logo

At the National Association of Pension Funds (NAPF) annual conference 2012, the pensions minister was quite adamant that compulsory savings could cause “an awful lot of trouble” if introduced to the UK and therefore the uneasy compromise of auto-enrolment was preferable. The example of Australia was not one that the […]

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Making Molehills out of a Mountain

September 13, 2012 Leave your thoughts

The unprecedented amount of legislation and regulatory change taking place over recent years has put a disproportionate amount of strain on the systems and operational capabilities of insurance companies. This strain has led to many short term “mend and make do” IT solutions to solve the problems of the businesses […]

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A modest proposal to resolve the public sector pension crisis

November 2, 2011 1 Comment

It is upsetting for everyone to see public sector workers driven onto the streets in an attempt to preserve the meagre lifestyle that they have been promised after a lifetime’s devoted service on behalf of Her Majesty. The despair of the workers at the proposed delay in giving them their […]

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Investments, not savings, are the answer

August 31, 2011 Leave your thoughts

What’s the difference between saving and investing?  Many people confuse the two terms yet the difference is substantial.  Savings refer to zero risk products that usually gain a nominal interest, which is close to but does not meet the general inflation rate.  Thus the savings mount up over time but […]

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Canada trusts its pension providers – why don't we?

July 13, 2011 Leave your thoughts

Once again, the Canadians are showing how to tackle fundamental problems by using a large dose of common sense and sweating the assets you already have. Following on from their brilliant but obvious approach to transferring pension risk to individuals and then teaching them to cope with it (see blog […]

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Compulsion may be the only choice for pensions

June 29, 2011 Leave your thoughts

Monday’s Populus survey for the National Association of Pension Funds (NAPF) showed that 47% of those aged between eighteen and thirty-four would save more for their retirement if they knew how much state pension they would get. Accordingly, the NAPF have stated that the reason for the lack of saving […]

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For today’s kids, a bird in the hand is worth two in the NEST.

June 15, 2011 Leave your thoughts

– Young people don’t save.  They prefer to spend their money on instant gratification rather than think about providing for their own future. – This is one of the findings from research produced by the International Longevity Centre and Prudential[1], and many will feel that it hardly qualifies as breaking […]

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