Tag Archives: Pension Poverty

The transfer mess gets worse…


It’s been some weeks since I wrote about transfers. To recap, I have been predicting a seizure in the transfer market , resulting from high demand, low-advisory capacity and pipes blocked with regulatory effluent. So it doesn’t come as a … Continue reading

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IFAs and actuaries – as easy as “A Cap B”.


For half of the 30 years I’ve been advising people, I was paid by private individuals to help them take difficult financial decisions. For the other half, I’ve been paid by employers to help their staff take difficult decisions. This … Continue reading

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Advance Australia Fair!


I have never been to Australia, I should go I know, but we have Earl’s Court. My good friend Jim Hennington has recently returned to his native Oz after a few years over here teaching us some tricks on how to … Continue reading

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The enormous importance of Legal and General


  If one insurer has done more than any other for workplace pensions it is Legal & General. For early stagers like Marks & Spencer they opened a master trust , they were the first insurer to adopt clean 50bps … Continue reading

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Middle-class economics


  “So the verdict is clear. Middle-class economics works. Expanding opportunity works. And these policies will continue to work, as long as politics don’t get in the way.” Barack Obama, State of the Union Speech  2015. I suspect that these … Continue reading

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Get your BR19 as your first step to being “Pension Wise”


Treasury now in charge of “Pension Wisdom”. Another Monday, another set of pension headlines. The Treasury announce that the Guidance Guarantee is no more and hereafter the delivery mechanism for the help we’ll be getting at retirement will be called … Continue reading

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Let’s play fantasy CIO at NEST!


NEST has invited  all of us to play “fantasy CIO” and create a default investment strategy for its members to and through retirement. If you’re prepared to get to page 118 of the consultation paper, you are asked as question 18 … Continue reading

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Separation


Can employers nudge staff into drawdown products? Should there be a degree of separation? If so – how can separation be achieved? Continue reading

Posted in pension playpen, pensions, Pensions Regulator, Retirement, workplace pensions | Tagged , , , , , , , , , , , , , , , , | 2 Comments

A tax on a tax


Yesterday I wrote about the various Government interventions that employers in the UK have had to cope with. My point was that the employer is increasingly being used as the unpaid agent of the welfare state. Auto-enrolment is one case … Continue reading

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E-Christmas Cards – a very rum idea if you ask me.


What do you do with e-christmas cards? They bother me. “E-Christmas card” is a misnoma, most of these e-thingies seem the product of the thought police who de-risk corporate communications. “Merry” is of course out – a whiff of intoxication … Continue reading

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