Monthly Archives: March 2019
“Transparency is ALWAYS a good idea but…”
Transparency is not what you see but what you don’t see. It is the absence of anything getting in the way of the true state of affairs. “Transparency can bamboozle people, because it’s too much information,” says @JasonHollands from @TilneyGroup … Continue reading
Why can’t we talk about money without paying for advice?
Iona Bain has been travelling around Britain finding out what young people are doing to get help with their finances. She has documented her findings in a great FT article Shunned by traditional advisers, younger investors use apps and … Continue reading
Posted in advice gap, age wage, pensions
Tagged AgeWage, internet, Iona Bain, Lottie Meggitt, Olly Tapper, pensions, Young Money Blog
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The benefit of saving is in the spending
Millions are already benefiting from saving into a #WorkplacePension. Make sure you are too https://t.co/xcuJ7bla18 pic.twitter.com/sX24PMk8UA — DWP (@DWP) March 9, 2019 This advert is untrue and misleading to the general public. Only a handful of people are benefiting from … Continue reading
Retire happy and enjoy your pension
Today I am spending the last day of an extended vacation in Sri Lanka. I have travelled around the island largely onboard the magnificent Viceroy Express. I’ve shovelled coal into the boiler, climbed over 1000 steps to the top … Continue reading
Posted in pensions
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BMA pushes back against pension cuts
I don’t claim to any expertise about the changes to the NHS pension scheme resulting in the launch of a new arrangement from 2015 into which some doctors were rudely transferred and some gently transitioned. We are told it is … Continue reading
Beware the reasonable Ralfe
John Ralfe has written an article on the problems highly paid NHS staff are having staying members of the NHS Pension Scheme. He has a number of remedies for the Doctors, most involve Doctors being able to swap pension accrual … Continue reading
Why are women’s pensions smaller than men’s?
One of the main ways women are penalised in pensions is by net pay schemes. These stop 1.2m low-paid workers (around 800,000 women) claiming tax relief worth around £72m a year. This is an issue easily solved by @HMRCgovuk – … Continue reading
Squeezing PTS’ till the nuts break?
The FCA will push ahead with its plan to raise the FOS award limit to £350,000 despite warnings from insurers that advisers’ PI costs could rise by as much as 500% Sir Steve Webb calls this “shocking” the risk is … Continue reading
If you’re 65 , you just got 11 months older
In 2017, the Govt used rising longevity to justify bringing forward a planned rise in the state pension age to 68 by seven years. At time, Govt said a 65-yr old could expect to live for another 22.8 years According … Continue reading
Giving people help with their pensions
I’ve been struck over the past few days by just how little help with pensions people seem to be getting. I don’t mean by this the traditional financial planning messages (save hard, save early) but help with working out … Continue reading
Posted in pensions
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