Tag Archives: Private sector

Doctors are pension millionaires – so why are they striking?


My Dad’s a doctor and in retirement – he has a great pension  and who can begrudge him it? He retired 25 years ago as a senior partner – on about one third of the final salary he’s be on today. Like him, I … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , , , , , , , | 6 Comments

Steve Webb needs hard cash for his defined ambitions.


Steve Webb needs more than “ambition” to sort out disillusion with pensions. Continue reading

Posted in Financial Education, happiness, NEST, pensions | Tagged , , , , , , , | 12 Comments

Selling NEST and auto-enrolment to the pension weary


The issue of fatigue is high on my agenda this morning – especially Regulatory Fatigue. Yesterday the DWP published a host of documents that can be accessed through this link http://www.dwp.gov.uk/consultations/2011/workplace-pension-reform-2011.shtml It dots the “i”s and crosses the “t’s” on a … Continue reading

Posted in auto-enrolment, corporate governance, customer service, dc pensions, NEST, pensions, Personal Accounts | Tagged , , , , , , , | 8 Comments

“A fair and lasting settlement”; public sector pensions


Paul Johnson and the Institute of Fiscal Studies have done the numbers and, to nobody’s surprise, have concluded that the long-term cost of  public sector pensions in terms of “pensions out” will be about the same under the new regime … Continue reading

Posted in de-risking, pensions, Public sector pensions | Tagged , , , , , , , , , | 2 Comments

Pension Equality? Don’t make me laugh.


Great news, – a group of civil servants (the National Audit Office) have decided to audit the work of another group of civil servants (the Pension Regulator) reporting to another group of civil servants (the DWP). The point of the audit is … Continue reading

Posted in annuity, Bankers, corporate governance, dc pensions, de-risking, Liberal Democrats, Martin Lewis, NEST, pension playpen, pensions, Retirement | Tagged , , , , , , , , | 11 Comments

A necessary strike


If there’s one area of consensus among the politicians this morning, it’s that the national pensions strike called for today (30th November) is unnecessary and something this country can ill afford. I disagree – this is a necessary strike, not … Continue reading

Posted in annuity, corporate governance, dc pensions, Liberal Democrats, NEST, Retirement | Tagged , , , , , , , | 3 Comments

Play Pen on Public Sector Pensions


Following robust debate over pie ale and an October Pimms, the 16 members of the Pension PlayPen split 8/8 on the motion  “the pensions paid to the public sector are unfair”. However there was a healthy majority of 13 to 3 that … Continue reading

Posted in annuity, corporate governance, Jersey, NEST, pension playpen, Retirement | Tagged , , , , , , , , , , , , , , , , , , | 3 Comments

In place of strife – some light in the tunnel?


Clearly things have not gone well in the summer long negotiations between public sector unions and those involved in the management of the large unfunded pensions (for firemen, teachers , police and civil servants). The battle lines appear to have been drawn for … Continue reading

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A declaration of belligerence


Today (3oth June) is strike day. It is a general strike by a proportion of society that has seen total personal reward for its labours massively increase over the past fifteen years. The people who will be suffering are members of the … Continue reading

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

Public sector strikes – the indeluctable modality


“the ineluctable modality of existence- it gets us every time”.
Continue reading

Posted in NEST, pension playpen, pensions, poetry, Retirement | Tagged , , , , , , , , , , , , , , , , , | 3 Comments