Monthly Archives: August 2016
Pension Transfer Offers – should you take yours?
I urge you to listen this excellent podcast (skip to 1 minute to avoid the ad). It’s led by Jo Cumbo and has the thoughts of a couple of IFAs (who I don’t know). At 13 minutes long it … Continue reading
Posted in pensions
Tagged CETV, fit, healthy, pensioner, pensions, Tax, Transfer, transfer-value
4 Comments
Mark Carney v Barononess Altmann
In the Bank’s corner – Mark Carney In the Saver’s corner – Baroness Altmann Monetary policy is not helping ordinary people and low rates may be doing more harm than good Ordinary savers are being hung out to dry and … Continue reading
Posted in pensions
Tagged Altmann, annuity, Bank of England, borrowing, carney, Government, pensions
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Your ten point checklist when choosing a pension
The law says you have to choose a workplace pension for your auto-enrolment eligible staff. But it doesn’t say how! The Pensions Regulator’s website, while excellent on auto-enrolment compliance, is pretty hopeless in helping you choose a pension. So … Continue reading
Posted in pensions
Tagged auto enrolment, Business, Choose a Pension, DWP, Employment, Financial services, pension, pension playpen, pensions, Pensions Regulator, Retirement, TPR, workplace Pensions
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Advised or non advised – that is the question
Taking decisions is tough and decisions that impact the rest of your life are some of the toughest you’ll ever take. We expect the people who leave workplace pension plans to make choices between annuity, draw down or cash with only … Continue reading
Posted in pensions
Tagged advised, CDC, complex, easy, non-advised, pension, Retirement, robo-advice
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“I only owe four years pension arrears” -boasts Nigerian leader
Thanks to the Nigerian Daily Post for sending me this gem! If Frank Field thinks we have insecurity in our pension system, perhaps he should fly down to Africa! Gov. Adams Oshiomhole of Edo State says his administration is owing … Continue reading
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“Monkeys redundant” -Con Keating gives the IA a proper kicking
The following blog is printed with the kind permission of Con Keating and relates to recent blogs on this site “the charges of the light brigade” and “searching for the Loch Ness Monster“ The strapline to the press release … Continue reading
Posted in pensions
Tagged Benchmark, charges, Con Keating, costs, Fees, first actuarial, Governnace, investments, monkey league, Monkeys, pensions, stock lending
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Data should drive AE reform in 2017
We live at a time dominated by data. Never before has data been so readily available to policy makers. But with so much about, it’s the job of those at DWP and tPR to sort out what’s relevant and what’s … Continue reading
Posted in auto-enrolment, pensions
Tagged 2017, AE reform, auto enrolment, choice, Engagement, informed choice, Payroll, Payroll World, pension playpen
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The charges of the light brigade
The publication by the Investment Association of a report that puts hidden costs in funds on a par with the Loch Ness Monster has been met with elation by fund managers and derision by their customers. Robin’s right; I remember … Continue reading
Posted in accountants, actuaries, pensions, target date funds
Tagged Charge of the light brigade, FCA, IGCs, Investment Association, pensions, Policy debate, tennyson
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Musings from the Cosan local – guest blog from Philip Dickinson
On a recent evening in Bristol, out celebrating with our latest recruit, I struck up a conversation with two young chaps who worked in advertising and media. They were both approaching their 30’s, had good jobs and were … Continue reading
Searching for the Loch Ness Monster
The Investment Association has concluded that hidden charges within funds are like the Loch Ness Monster, much talked about but never seen. Presumably those of us consumers seeking to find the financial Nessie are like the cranks who sit upon … Continue reading
Posted in pensions
Tagged Financial services, fund managers, Funds, Investment Association, Loch Ness Monster, Nessie, Norma Cohen, pension, pensions, Pitt-Watson
4 Comments