Monthly Archives: October 2018
“No dash in dashboard!” (Paul Lewis)
I’m not sure about the provenance of his info (the link is broken) but Paul doesn’t tweet without good reason. This is important. Minister confirms what I wrote recently, the state pension – which is the biggest part of the … Continue reading
Posted in Dashboard, pensions
Tagged AgeWage, Dashboard, Esther McVey, Guy Opperman, Pension Dashboard, pensions, scores, VFM
3 Comments
The wheels of the law turn (too) slowly
@henryhtapper @NJM71 @mk14steve @RedCircleFP @RAF_IFA Back in Jan ’18, 4 pension scammers were ordered to pay back millions they stole from hundreds of victims. And now 9 months later these crooks have been banned from acting as trustees. NINE MONTHS! … Continue reading
Posted in advice gap, Blogging, Brexit, pensions
Tagged Angie Brooks, blogging, bloom, pensions, TPR
1 Comment
How do Customers benchmark what’s good about their DC pension?
For employer’s it’s all been about inter-operability I’m returning to a question that has bothered me since the inception of auto-enrolment over six years ago. To begin with, it was a question for employers and could largely be answered in … Continue reading
Posted in actuaries, advice gap, pensions
Tagged advisers, Aegon, AgeWage, Aviva, L&G, pension playpen, Royal London, Standard Life
3 Comments
How’s my pension done?
When you get that little envelope and you know it’s about your pension, that’s the question you’ll be asking. Typically – you won’t get much of an answer from your pension illustration -even if it is the new type pioneered … Continue reading
Posted in actuaries, advice gap, age wage, pensions
Tagged AgeWage, illustration, pension, pensions, Value for Money, VFM
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CDC – cons diminish confidence!
I am fairly confident that before the end of October, before even next week’s budget, the DWP will consult on CDC. We are told by the Pensions Minister , that the test case is Royal Mail but that legislation will … Continue reading
Posted in CDC, pensions
Tagged blockchain, CDC, Confidence, internet, ledger, pension
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“How can I have my money back” – the question pension savers dare not ask!
Here is the first page of the two page illustration suggested by Ruston Smith and Quietroom. I will say again that I am impressed that Ruston Smith and Quietroom have got consensus from a variety of regulators to get their … Continue reading
Posted in age wage, pensions
Tagged Drawdown, pension, state pension, sustainability, Tax
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Transparency isn’t tactical! Thoughts on day 2 at PLSA.
The Pension Dashboard was under discussion again at the PLSA conference in Liverpool. “The Pensions Dashboard has taken longer than I would have liked.” @ThePLSA pic.twitter.com/QiZsOlhZbx — Josephine Cumbo (@JosephineCumbo) October 18, 2018 I am not clear from Opperman’ s … Continue reading
Posted in pensions
Tagged ABI, Dashboard, illustration, pension, Pension Dashboard, pensions, Quietroom, trasnparency, TTF
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£20bn unclaimed, millions out of DB and we don’t let people see the DC price tag!
Around about a year ago Steve Webb spoke at a First Actuarial internal event to our staff. It was fair to say he was a great success. At the end , Hilary Salt asked him what chance CDC, part of … Continue reading
Posted in pensions
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Pension savers being bamboozled again.
This blog is about the two page pension statement being curated to the pensions industry by Ruston Smith with the help of Quietroom. It is a simple document designed to be read, it is also designed to provide people with … Continue reading
Don’t pander to pension populism! Zurich big-wig hits out at “freedoms”
“I have no time for populism” , was the astonishing rebuttal of top Zurich Insurance shrink Stefan Kroepfl. Kroepfl, who is global head of life business analysis – is no lightweight, nor was the discussion that ensued at this Dutch … Continue reading