Monthly Archives: November 2017
Why I lost my temper (over transfers).
I can lose my temper, I am always sorry when I do, but learning why I do, helps me understand my vulnerabilities. I lost my temper at a TISA “deep-dive” into decumulation. I’d listened to a session from the FCA at which I’d queried … Continue reading
Why I’m for “patient capital”
‘Patient capital’ plan could unlock pensions savings limits https://t.co/Du4qIqcSs3 via @FT — Josephine Cumbo (@JosephineCumbo) November 24, 2017 I missed the consultation on “patient capital” but I’m pleased that it’s resulted in a proposal was put forward by an … Continue reading
Posted in advice gap, pensions
Tagged AA, Budget, LTA, Nigel Wilson, Patient Capital, social purpose
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TPAS offer BSPS a dedicated helpline. Don’t leave your choice to chance!
If you are a steelworker , you now have help on your pension options from TPAS. This is great news. As from this morning, members of BSPS, can call experienced pension people who can discuss the scheme with the experience … Continue reading
Question Time – The Growing Pains of DC Pensions
This is a plug for an event I’m helping to moderate. I don’t normally plug events but I’m making an exception for this one. Stephen Glover, who is behind this has donated £1,500 to a charity I chose and that … Continue reading
Posted in dc pensions, pensions
Tagged dc pensions, pensions, Royal Society of Medecine, Stephen Glover
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USS pension changes would be a disaster (but they are preventable) – Dennis Leech
The changes to the USS that UUK proposed on Friday will substantially alter the nature of academic employment in the Pre-92 universities and will damage higher education irrevocably. They will mean academic salaries having to rise substantially to attract the … Continue reading
Rodney Bewes
Rodney Bewes died yesterday aged 79. We last saw him, with a friend on the river at Goring in September, he had cancer but he was still enjoying his boat Cera, in the company of a friend. Here's a better … Continue reading
We have “capitalism without the capital” – we should be patient!
It’s budget day and Nigel Wilson has been on Wake up to Money, urging the Chancellor to encourage Britain to invest positively for its future. He tells us that Britain has “Capitalism without the Capital”, he’s right and I’m with the … Continue reading
Posted in advice gap, pensions
Tagged capital, Equity, Housing, John Mather, Nigel Wilson, pensions, Savings
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How green is my pension?
Aberdeen Standard and FT sold out their conference on the DC investment default this week and kicked off the morning with a discussion on ESG and the greening of our pension pots. As I listened, NOW Pensions sent me a press … Continue reading
A day with Dalriada
Dalriada are a firm of pension trustees who divide their business into “Regular” and “Irregular” business. Brian Spence who runs the business was prepared to talk to me about “Irregular business”. Members of, and employers participating in, the NOW … Continue reading
Posted in pensions
Tagged ARK, brian spence, CETV, Dalriada, pensions, Port Talbot, scams
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“Spanish steps” – ideas on pension funding from Jon Spain.
Jon Spain is an eccentric brilliant actuary who has worked for many years worked at the Government Actuary’s department. I am proud he has asked me to provide a précis of his response to Charles Cowling’s Sessional Paper to the Institute … Continue reading