Monthly Archives: August 2018

Houses are for living in – pensions are for life! An answer to financial economics.

“the river of private pensions in the UK will only get shallower as it widens out to include so many more of us”  – Steve Bee Steve’s metaphor is so precise, so visual and so elegantly conveyed that this quote … Continue reading

Posted in pensions | Tagged , , , , , | Leave a comment

The normal cost of pensions remains the same.

The debate about the “fairness” of offering some people “gold-plated” defined benefit schemes and others no more than the auto-enrolment minimum is familiar to everyone in the UK. Sometimes, it’s useful to look at the same debate from a different … Continue reading

Posted in advice gap, Facebook, pensions | 5 Comments

The “wonder” of wealth

As Dr Chris Sier entered the Corinthia Hotel on Wednesday, en route to a cup of tea with the AgeWage management team, he noticed a gentleman handing over his Bentley keys  to the doorman, with a fifty pound note as a tip . … Continue reading

Posted in advice gap, pensions | Tagged , , , , , , | Leave a comment

I will be a Tapper-Tubby no longer!

  On Wednesday last week, my 86 year old Mum went into hospital and got herself a new knee. So she can keep walking another 86 years! I congratulate her- she is a hero! She has made me face up … Continue reading

Posted in pensions | 1 Comment

Stop scamming – by giving people better choice.

I’m a fan of Government intervening to stop scamming. It’s good that the FT on.ft.com/2P1VT5c  and BBC are reporting “SCAMSMART” the FCA’s new initiative to stop scamming. But this intervention has to be accompanied by positive action from the private sector. People … Continue reading

Posted in pensions | Tagged , , , , , , , , , | 1 Comment

The problem with platforms (is that everyone loves them).

Platforms are a relatively new but significant and growing distribution channel. The platform service provider market has doubled since 2013 from £250bn to £500bnassets under administration (AUA). This growth in AUA has been driven by rising markets and increasing levels … Continue reading

Posted in pensions | Tagged , , , , , , , , , | 3 Comments

DWP’s silence on dashboards helps nobody.

We are now in Mid- August. “Summer’s lease has all too short a date”, the promised announcement on the “feasibility” of the pension dashboard looks like slipping to the autumn. Meanwhile over 100,000 people each quarter reach 55 , a … Continue reading

Posted in customer service, Dashboard, pensions | 3 Comments

What do we do with pension good news?

. Despite taking on pension schemes from employers including Carillion, Toys R Us and Hoover, with deficits totalling £1.2 billion – the highest total value to date, the PPF’s funding position has strengthened. The PPF has reported a continued growth … Continue reading

Posted in pensions, Pensions Regulator, Politics | Tagged , , , , | 6 Comments

“All based on FE” – 120 seconds of Ralfey trip-hop

John Ralfe is a very clever man. He is a Financial Economist. What he says and does is “all based on FE”. His brain is so big and his beard so perfectly cut that he has spawned a RalfeBot. RalfeBot is his … Continue reading

Posted in pensions | Tagged , , , , , , , | Leave a comment

Mr N – a corrupted system and natural justice

Putting things right with the lawyers I’m pleased to see that efforts are being made to meet Mr N’s legal fees , working out how to get restitution to the Northumberland Police’s pension scheme. Though he was successful in getting … Continue reading

Posted in pensions | 1 Comment