Tag Archives: annuity

Nobody’s scared!


“Velvet glove- iron fist -my arse!” As one Liverpudlian patriarch might have put it. I very much doubt that many employers see the doling out of three £400 penalty notices by the Pension Regulator as a wake-up call to get auto-enrolling. … Continue reading

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“I don’t need a new house – I need an extension!”


  I have sympathy with the pension managers of large employers who are being expected to adopt the pension reforms. It is not their job to make Government policies work, rather it is Government’s job to make pensions work- especially … Continue reading

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Cold turkey


A large proportion of people in pensions are currently going through cold-turkey. I’m referring to those working for pension providers, advisers and employers who have benefited from commission for the past 30 years and are now finding the commission turned … Continue reading

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MAS goes it alone to provide an “at retirement advisor directory”.


The Money Advice Service has been consulting over the past few months on what a Directory of IFAs might look like. This consultation was spurred by the imminent launch of the Guidance Guarantee which will generate requests for financial advice. … Continue reading

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TLAs, the FCA, IGCs & TCF. WTF?


  This blog is by Ralph Frank   The financial services industry excels at producing Three Letter Acronyms (“TLAs”). One TLA that is likely to become an established part of pension lexicon is ‘IGC’. Independent Governance Committees (“IGCs”) are governance … Continue reading

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Don’t get fooled by the phoney pension giveaway


The phoney give-away The most accurate measure for the success of private pensions in the UK is the replacement ratio; a measure of what percentage of people’s pre-retirement income is replaced by savings specifically for retirement. Steve Webb and the … Continue reading

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Annuities get another kick in the goolies


What’s the story? The Chancellor will announce in his speech at the Tory conference that he will put a stop to the 55% tax on pension pots not spent at death. The Treasury announcement on what detail we so far … Continue reading

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What’s that coming over the hill…? NAPF CDC DEBATE #Fail


  The NAPF CDC Debate The debate on how we organise our retirement incomes from our pension savings was not progressed at the NAPF’s CDC focussed pension connections meeting last night. A half filled room witnessing a debate between two “Pale … Continue reading

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The best practice approach to choosing a workplace pension


  The Pension PlayPen has been asked to outline the research process that lies behind the Factsheets and provider ratings on http://www.pensionplaypen.com . This is the process.   The purpose of Pension PlayPen research is To establish the universe of … Continue reading

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