Tag Archives: Pension Poverty

How much should I spend on retirement?


People get frightened by this question – they shouldn’t! The simple answer is that we all pay into a national pension scheme through national insurance and you can find out what you’re likely to get from the State we completing … Continue reading

Posted in Blogging, Debt, journalism, Payroll, pension playpen, pensions, Pensions Regulator | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

A beginner’s guide to annuities


Annuities haven’t got a very good name at the moment. They are blamed for many problems which are not their fault. One problem with annuities is that most people don’t understand them! Another problem with annuities is that people have … Continue reading

Posted in advice gap, annuity, pension playpen, pensions, Pensions Regulator | Tagged , , , , , , , , , , , , , | 1 Comment

Providers cherry picking pension customers? Whatever next!


Money Marketing is reporting that insurers are cherry picking the workplace pensions they take on . That this is news says a lot for the appalling lack of underwriting applied by insurers to the pricing of new business in this market over … Continue reading

Posted in brand, Payroll, pensions, Pensions Regulator | Tagged , , , , , , , , , , , , , | Leave a comment

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 , , , , , , , , , , , , , , , , | 4 Comments

“I’m pretty sure my client has a pension issue..”


  This is as close as I can get to a verbatim conversation I had on the phone with the head of a small practice of accountants yesterday-it is edited to concentrate on the core issue she had – what … Continue reading

Posted in accountants, advice gap, auto-enrolment, dc pensions | Tagged , , , , , , , , , | Leave a comment

Call in for a Great British Pension


    The initial euphoria following the 2014 “pensions bombshell” budget may have died away, but in it’s place we are seeing real progress towards a better deal for those spending their pension pots.   Work is concentrating on two … Continue reading

Posted in advice gap | Tagged , , , , , , , , , , | Leave a comment

Standard Life comes up trumps


Four years ago I sat in a crowded room in the DWP’s offices, to hear insurer after insurer refuse to commit to providing a service to small and medium sized companies, let alone the micro employers of which there are … Continue reading

Posted in advice gap, dc pensions, pension playpen, pensions, Retirement, workplace pensions | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Think first – sell later


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

Posted in actuaries, advice gap, annuity, Financial Education, pensions | Tagged , , , , , , , , , , , , , | 1 Comment

“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

“Let them eat cack” – why does Government still think individual annuities can work?


Steve Webb has been at it again, suggesting that the annuity crisis could be solved if we had a one year cooling off period after we’d bought an annuity in which we could take it back (with a receipt) and exchange it … Continue reading

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