Tag Archives: Financial services

Are mastertrusts safe?


Is it good enough that pension schemes can operate without ANY capital adequacy requirements That’s the question posed by FT’s Jo Cumbo and as that old adage “50% of people don’t know what “50%” means” goes to show, most people … Continue reading

Posted in pensions | Tagged , , , , , , , | 4 Comments

Choosing our “Workie”- how hard can we make it?


This week and for weeks to come , I am out and about talking with the payroll partners of large accountancy practices who feel they have no choice but to help their employer clients through auto-enrolment. I’m doing this work … Continue reading

Posted in pensions | Tagged , , , , , , , , , | 2 Comments

And time goes on – and so do I


If this isn’t a line from a Johnny Cash or Hank Williams song, then I may have just written the history of Country and Western in one line! Time does go on, we are now well into the next critical … Continue reading

Posted in pensions | Tagged , , , , , , , , , , | Leave a comment

No way to run a private pension system


  How can the lifetime allowance possibly be part of  a sustainable system of pension taxation? Good news for those unprotected pension savers who have more than £1m in your pension pots- you probably won’t be paying 55% exit penalties – … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , | 2 Comments

All at sea! TPR’s “Trafalgar” for maritime and offshore workers.


Well done Lesley Titcombe and hurrah for our best naval victory since Trafalgar! Continue reading

Posted in auto-enrolment, now | Tagged , , , , , , , , , , , , , , , , , , , | 2 Comments

Pensions need to be sold for the sausage not the sizzle.


A great observation from Steve Groves, CEO of partnership this morning. @henryhtapper @tcfDAN @clivewaller healthy people were buying to early. Lie expectancy increased 10yrs and annuitisation age didn't move… — steve_g@partnership (@Sjg3G) January 12, 2016 By “buying” Steve means “buying … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

“Confusion rife!” and not just over the new state pension.


The DWP Select Committee has published its report “Understanding the New State Pension” this morning. The accompanying Press release calls for clear statements of entitlement while stopping short of calling for changes to those entitlements. The Work and Pensions Committee’s … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , , , , , , , | 1 Comment

Auto-Enrolment must learn from WASPI


  Over 100,000 people have signed the WASPI petition demanding that Government review the increases in state pension age for women in their fifties. I admire the WASPI women for bypassing  the usual channels and  making  their point directly to Government. They’ve proved … Continue reading

Posted in pensions | Tagged , , , , , , , , , , | Leave a comment

Self-help – Can you “DIY pensions”?


“The instruction manual is missing” – the first thing my partner said when she opened her new smartphone, I’d kindly donated her for Christmas. I was close to having a Michael Winner moment. “That’s because you learn how to do … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , , | 4 Comments

60% of UK wealth manager’s customers getting “unsuitable advice”?!?


This arrives in an email from my friend Per Andelius. It refers to the FCA thematic review that can be found here. It’s a brilliantly written article and if anyone knows its source, please send it me, as I would … Continue reading

Posted in pensions | Tagged , , , , , , , , , | Leave a comment