Tag Archives: Pension Regulator

“To meet the needs of those in the middle” – what pension consultancy should be about!


The Advert On Tuesday I am sitting on a panel with good friends; Otto Thoresen, author of the Thoresen report; Mathew Arends, Partner at Aon Hewitt, Duncan Buchanan president of the Society of Pension Consultants. The session will be chaired … Continue reading

Posted in actuaries, advice gap, auto-enrolment, dc pensions, defined ambition, drawdown, Payroll, pension playpen, pensions, Retirement | Tagged , , , , , , , , , , , | 4 Comments

Is the Chancellor the IFA’s “New Best Friend?”


    Another week, another change to the UK retirement savings environment – or at least, that’s how it feels! The latest changes to the tax regime tabled this week under the title ‘Pension Flexibility 2015’ were first published in … Continue reading

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“My pension offer” – explaining CDC to a confused public!


John Ralfe has been expressing his frustration that none of the CDC champions have made him a two page offer to tell him what a CDC pension offer might look like. I’ve not done this yet, partly because I’ve been … Continue reading

Posted in advice gap, auto-enrolment, CDC, pensions, with-profits, workplace pensions | 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

I was so much older then (I’m younger than that now)


Thank goodness for kids- kid journalists for a start. There is a gang on young journos who actually give a damn about the pensions they are in and are prepared to engage and educate themselves about what makes for a … Continue reading

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Two into one will go!


Steve Webb’s admission that we need a single regulator is a sign of his strength . It takes guts to admit you’ve been wrong for four and a half years! I’d come to the same conclusion myself reckoning;- That the geographic split between Brighton … Continue reading

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We knew we were cheating our clients.


  Mark Wood (now of JLT and formerly of the Prudential) is calling on insurers to relax the early exit penalties on pension contracts set up in the “bad old days” when commission was paid in advance for premiums paid … Continue reading

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Making a buyer’s market for pensions


Organisations such as Which have always charged a subscription for their research. Those prepared to pay a regular monthly amount built libraries of reports which help us purchase everything from groceries to credit cards. Which put its readers in control- … Continue reading

Posted in advice gap, alvin hall, Martin Lewis, pensions | Tagged , , , , , , , , , , , , , , , , , , | 1 Comment

Sign up for The First Actuarial Monkey League -2014 !


  You can save yourself reading 644 words of Pension Plowman pontification and sign up for the Monkey League here. Or you can read the blog and take your decisions at the end.   Here’s why I’m promoting our Monkey … Continue reading

Posted in Financial Conduct Authority, Financial Education, First Actuarial, monkey league, pensions | Tagged , , , , , , , , , , , , , , | 3 Comments

Time to ditch the “institutional” from pensions


  There has always been a gulf between retail and institutional pensions. But I have never felt it so inappropriate . Retail pensions were sold on commission, organised by insurance company and regulated by the Treasury via the FCA and its … Continue reading

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