Category Archives: pensions

The cost of auto-enrolment


  Charlotte Clark – one of the architects of auto-enrolment and now head of private pensions in the DPW – is an economist. She is familiar with cost having worked in a corresponding position in the Treasury and it was … Continue reading

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Is now really the time to stop bashing banks?


“If you ain’t cheating – you ain’t trying” “Time to lay off the banks”  – I hear it every day. I live with a Director of a leading retail bank- she claims not to read my blogs –  I’d like to … Continue reading

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Consistency and Simplicity (guest blog – Ralph Frank)


  The current UK pension taxation regime gives preferential treatment to Defined Benefit (“DB”) savers relative to Defined Contribution (“DC”) savers at both theAnnual Allowance (“AA”) and Lifetime Allowance (“LA”) levels.  The current taxation system is overly complex, with two … Continue reading

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Procrastination, the thief of time – (Josh Collins)


Procrastination is, in essence, stealing from yourself. The reason goals are so hard to reach, many psychologists think, is because each person believes they are really two people: Present Me and Future Me. And to most people, Future Me is much less … Continue reading

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Advice and education


  I chaired a meeting of independent financial advisers at RIBA yesterday. The best thing about the morning was the half hour spent over lunch in the wonderful Rennie Mackintosh exhibition within RIBA’s beautiful HQ in Great Portland Street, a … Continue reading

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A tax on pensions, no one saw coming.


The single state pension , coming to a pensioner near you , from April 2016 is supposed to be simple. It will operate under the same rules for everyone. But that doesn’t mean that everyone will get the same pension (as … Continue reading

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Is auto-enrolment any more than a tax?


Speaking in Birmingham last week, former pension minister Steve Webb, commented on how hard it will be to raise the bar on employer auto-enrolment contributions from the current 1% of band earnings to 3% "Anything to get AE pension contributions … Continue reading

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“I’m afraid we had no answers.. good luck! ..-..Steve.”


“Where are all the pension people?” Asked an accountant at #Accountex15 on Thursday. They were elsewhere listening to Steve Webb and Gregg McClymont looking back at the last five years, a neat metaphor for the pensions industry as another accountant pointed … Continue reading

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Do you have to be demented to buy an annuity?


This tweet is not the first time I’ve heard this argument Interesting question about pension freedoms and dementia at #micuk – do annuities offer better protection to sufferers? @rosaltmann — Nick Britton (@NickBritton_) May 13, 2015 I heard it several … Continue reading

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The tone from the top


Take a close look at the photo above, it’s taken from a Morningstar conference yesterday. The gentleman on the left is asking the question, the women on the right are listening and the gents on the right – well – they’re … Continue reading

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