Monthly Archives: November 2015
SHOW ME THE MONEY! What’s going to happen our auto-enrolment savings?
People want to know what happens to the money they invest and we are terrible about explaining where their money ends up. This blog talks about how we can make pension investment as vivid and real as the picture above. Over … Continue reading
Posted in infrastucture, investment, NEST
Tagged Business, dc pensions, Employment, Financial services, Infrastructure, infrastucture, Investment, pensions, Salford
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Subsidising auto-enrolment or distorting the market?
A fascinating discussion at the House of Commons yesterday, led by Legal and General’s CEO Nigel Wilson , with Peoples, NEST and a bunch of policy wonks in attendance (oh and Alex Rowson and me talking for practitioners). L&G have … Continue reading
Posted in pensions
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How can auto-enrolment help those that most need it?
This morning I’m off to the House of Commons to discuss this question with some policy people, Prospect Magazine, my friends Alex Rowson of QTAC and Darren Philp of People’s Pension and Nigel Wilson, the CEO of Legal & … Continue reading
Con Keating on the future of CDC – (pt 3)
This is the third of three blogs from Con which will in future appear in Professional Pensions. The idea that individual DC will produce pension outcomes that are satisfactory for the majority of retirement savers is now thoroughly discredited, as is … Continue reading
Posted in CDC, Pension Freedoms, pension playpen, pensions, Pensions Regulator
Tagged CDC, Con Keating, decumulatioin, default, defaults, Money, Retirement
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Why costs and fees matter – guest blog from Con Keating
This week I’m featuring a number of articles by my friend and mentor Con Keating. You may not understand all of this as it is written for a specialist audience (too rarified for me at times!). But the bottom line … Continue reading
Posted in pensions
Tagged Con Keating, Costs and Feesm FCA, TPR, Transparency Task Force, TTF, workplace Pensions
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“Pension PlayPen – more serious than it sounds!”
Today I’m off to Newcastle to see a large company that helps people get paid. I’m travelling with a spring in my step after listening to Paul Lewis introduce me as Founder of “Pension PlayPen – more serious than it … Continue reading
Posted in auto-enrolment, pension playpen, pensions
Tagged annuity, Drawdown, pension playpen, pensions, Sex Pistols, Virgin
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More from Con Keating on how to spend your retirement pot ( no holds barred)
The very description of DC retirement savings arrangements as pensions is a gross abuse of the English language, as a pension is an income in retirement. Without a mechanism for converting the invested savings assets into income cash flows they … Continue reading
When spending your retirement pot – the first 5 years are vital – Con Keating
The process of converting retirement savings assets into an income, which has come to be known as decumulation, needs first to be placed in context. The decumulation phase of retirement savings is that period when an income is drawn from … Continue reading
Posted in pensions
Tagged CDC, decmulaiotn, decumulation, Pot, retirement pot, spending, volatility
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Why financial education can only go so far….
You know when you have a guilty thought and you can’t share it with anyone. And then, quite by chance, someone repeats that thought back at you – and you feel relieved, ashamed and a little bit angry all at … Continue reading
Posted in pensions
Tagged advice, auto enrolment, BBC, Business, CDC, corporate governance, dc pensions, Defined benefit pension plan, DWP, Employment, evangelism, Financial services, HArriet Baldwin, Moneybox, Pension new, pension playpen, pensions, sell, SMF, snake oil, Social Market Foundation
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Doubt is not a pleasant condition , but certainty is absurd
The quote’s from the French philosopher Voltaire and was sent me by my friend Derek Benstead . Derek’s been ill all year, never stops thinking about how to make my and his client’s lives better! We were discussing people’s options at … Continue reading
Posted in pensions
Tagged annuity, David Pitt-Watson, Drawdown, Paul Lewis.CDC, Voltaire, Wise men of Chelm
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