Category Archives: Financial Education

Sign up for The First Actuarial Monkey League -2014 !


  You can save yourself reading 644 words of Pension Plowman pontification and sign up for the Monkey League here. Or you can read the blog and take your decisions at the end.   Here’s why I’m promoting our Monkey … Continue reading

Posted in Financial Conduct Authority, Financial Education, First Actuarial, monkey league, pensions | Tagged , , , , , , , , , , , , , , | Leave a comment

How retirement products evolve (and revolve).


  There are three drivers that shape the evolution of financial products – supply, demand and Government intervention. Between the mid 80s and today Britain has seen a Financial Services Revolution that has been no less dramatic than the agrarian … Continue reading

Posted in auto-enrolment, Bankers, corporate governance, Financial Education, pensions | Tagged , , , , , , , , , , , , , | Leave a comment

“Who’s on our side?”


  I’m having dinner with TV educationalist Alvin Hall, a man almost as well know for being attacked by ostriches as for his charismatic TV appearances. Looking through the list of other guests at the supper I reckon they represent … Continue reading

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This country needs a proper debate about old age


Do we understand  how people want to get paid in retirement? Yesterday I wrote about the American 401K system and the risks taken by people who become too cautious as they become older. The value judgements implicit in the report … Continue reading

Posted in annuity, CDC, Financial Education, pensions | Tagged , , , , , , , , , , , , , , , , | 5 Comments

As for saving- our kids could be teaching us!


  The punters just do not want what the pensions industry is trying to sell them   These are the words of the financial editor of the Evening Standard, Anthony Hilton. Hilton expresses his frustration not at the public but … Continue reading

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“Ring out the old – ring in the new”- who will be our investment fiduciaries in retirement?


Yesterday I went to the Schroders DC Challenge conference which was all about “delivering value and certainty” to retirement savers. I left enlightened by some interesting debates and one or two talks. I’ll share with you three observations that I … Continue reading

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People aren’t stupid- our products are!


I’m taking this comment out of comment so I won’t mention it’s source- it appears on a pensions website and is made by a leading actuary. Our challenge is to find a way to redress the balance and help them … Continue reading

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Why we expect insurers to bounce back stronger (from these reforms)


  I’ve just read yesterday’s press release from PWC’s Jonathan Howe commenting on the pension reform announced in this year’s budget. “There is no doubt that the changes present very significant challenges to life insurers with a heavy reliance on annuity business, … Continue reading

Posted in advice gap, auto-enrolment, CDC, Financial Education, First Actuarial, Payroll, pension playpen, pensions | Tagged , , , , , , , , , , , | 2 Comments

Think first – sell later


Think first – sell later- a dictum to be followed in the next 12 months Continue reading

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“What’s it like to be retired?”


It could be the trending chant at any event that Alex Ferguson turns up to – a taunt to a man who having lost control has seen slump into mundanity in a few short months. Financial wellbeing in later life … Continue reading

Posted in annuity, auto-enrolment, Bankers, Facebook, Financial Education, First Actuarial, pension playpen, pensions, Popcorn Pensions, Public sector pensions, steve webb | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment