Gregg McClymont
Lords pensions bill amendment sparks confusion over dashboard approach
A small amendment to the pension schemes bill on 8 June has been labelled ‘significant’ in meeting criticism of the pensions dashboard but has sparked confusion over whether it could confirm a ‘water-tight’ commitment to run a single dashboard.
McClymont: The power of AE inertia is not too powerful
Gregg McClymont says AE schemes make it easy to opt-out should members feel contributions are not in their best interest
DWP disappoints with 'unfortunate' decision to hike general levy by 10%
The Department for Work and Pensions (DWP) says it will press ahead with a 10% increase to the general levy from 1 April, despite a severe industry backlash to a consultation on the issue.
TPR holds back from mandating use of professional trustees
The Pensions Regulator (TPR) has announced new measures around the appointment of professional trustees following concerns that poor governance is putting members’ savings at risk.
TPP calls on government to close ethnicity pension gap
The People’s Pension (TPP) has issued a new call on the government to reform auto-enrolment (AE) to help reduce the ethnicity gap over the long-term.
Pensions commission would create durable policy
As both centre-left and centre-right political think tanks agree on the need for a pensions commission, Gregg McClymont says this could provide a refreshed model for future pensions policy.
Guy Opperman re-appointed as pensions minister
Guy Opperman has retained his post as pensions and financial inclusion minister, the Department for Work and Pensions (DWP) has confirmed.
Boris must not spurn the pensions opportunities from a Tory majority
The Conservatives’ romp at last week’s national poll gives a great chance to make dramatic changes to boost people’s pensions, says Gregg McClymont.
Master trusts liable for quarter of general levy costs despite holding only 2% of funds
Ten master trusts will pay at least 25% of the total general levy despite holding just 2% of assets, according to The People’s Pension (TPP).
Beyond authorisation: What lies ahead for master trusts?
Now authorisation has ended for existing schemes, Kim Kaveh reflects on the process and asks what the future holds for ongoing supervision.
Women saving for retirement cannot escape widening pensions gap
Most women are not saving enough for retirement and remain at risk of running out of money after they finish work, according to new analysis.
TPP election manifesto urges next government to bolster auto-enrolment
The People’s Pension (TPP) has urged the next government to improve saving for low paid workers and increase pension transparency ahead of the 12 December general election.
Pension 'blind spots' leave employees struggling to understand benefits
Workplace pension schemes may not be doing enough to fix ‘pension blind spots’ as many workers remain unaware of the benefits available to them, the Money and Pensions Service (MAPS) has found.
Why good governance is more important than engagement
The industry constantly talks about the need to engage members. Gregg McClymont says a more important priority is how to ensure all schemes are governed well.
The hopes and concerns for the future of trusteeship
TPR’s consultation on the future of trusteeship closed last week, but there are mixed views on its proposals. Kim Kaveh looks at the industry’s responses.
Give new mothers' pension pots a £2,000 top-up, says Which?
New mothers should be given a £2,000 pension top-up to address the gender gap as part of reforms to workplace pensions, according to Which?
Unpacking gender inequality
Gregg McClymont says to really tackle the gender pensions gap, the government must look at measures to improve childcare provision across the UK
Dashboards 'need legal duty' to put savers' interests first
Savers could be at risk if no legal duty to put their interests first is placed on commercial pensions dashboards, The People's Pension has warned.
Lessons from Australia: Delivering pensions for the many not the few
Gregg McClymont looks at why not-for-profit DC schemes in Australia have been outperforming their for-profit peers
Can default decumulation routes overcome at-retirement confusion?
As annuities continue to fall in popularity, this year's Future Book suggests savers need more help choosing retirement income products. James Phillips explores the proposals.
Tim Gosling joins B&CE as head of pensions policy
B&CE has hired Tim Gosling as head of pensions policy as Andy Tarrant steps down from the master trust.
PLSA announces 17-person line-up for inaugural policy board
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.
Concerns remain over govt support for dashboard after McVey's statement
The government's announcement that it will support the industry in delivering the pensions dashboard has been met with mixed reaction, after months of uncertainty about the project's future.
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