Monthly Archives: November 2019
So what’s this “tough new regulatory environment” for DB pensions?
Next week I’m on holiday – but I’m not – because I’m doing loads of meetings and moderating a session at the DG DB pensions conference. What you have to do when you moderate these things is get all … Continue reading
Posted in de-risking, flood, Henry Tapper blog, pensions
Tagged DB, DB pensions, pensions, Waldorf
Leave a comment
Sailing the strait of Hormuz
While most readers were doing “proper subjects” like maths, I studied English for A level and studied the conceits of metaphysical poets. A conceit is an extended metaphor and tests how far an idea can be taken. Here’s a conceit. … Continue reading
Posted in age wage, pensions
Tagged hormuz, pension, pensions, professional pensions, Strait of Hormuz
Leave a comment
“Degree-educated” most at risk from pension scams….
Higher-educated savers are more at risk of losing their pension to fraudsters than those without the qualification. That’s what a survey of nearly 2000 people told the FCA and TPR 10% of those without a degree said they would accept … Continue reading
Posted in advice gap, age wage, pensions
Tagged Degree, Higher educated, pensions, scams
Leave a comment
Jo’s pension manifesto
Sometimes someone comes out with a simple statement that makes sense of all the noise. Jo Cumbo launched her pension manifesto in the pages of Pensions Expert this week and I don’t want them to be lost to readers of … Continue reading
DWP – should the top topple when the spinning stops?
I can’t remember another occasion when a Government department was stopped from lying to the people it serves by a Government agency. But that is what happened yesterday. The fact is that the Advertising Standards Agency has banned four of the … Continue reading
Posted in advice gap, DWP, pensions
Tagged Advertising standards, ASA, DWP, UC, Universal Credit
6 Comments
Those dreaded words “you’re doing ok”.
Nobody wants to do ok, we want to be seen as doing brilliantly. There is a relentless optimism in our salutations which makes that normal state of affairs, mundane , dull – even depressing. So how do I tell a … Continue reading
Posted in advice gap, age wage, pensions
Tagged AgeWage, are you okay, Ok, okay, pension, tracker
4 Comments
DC Governance turned upside down
Everyone acknowledges that defined contribution pensions turns the risk register on its head. Instead of sponsors taking the risk of poor performance, poor information and poor governance, these risks are now taken by savers. So why doesn’t scheme governance reflect … Continue reading
Vanity’s the vulnerability of the affluent
I’ve just watched (twice) all eight minutes of this video along with 35 other views over the past two days. Try it if you like, but I suspect that you will, like me , be counting down the minutes till … Continue reading
Posted in advice gap, age wage, pensions
Tagged AgeWage, mass-affluent, Paul Lewis, pensions, vulnerability
4 Comments
DC defaults – five times better than you think!
In yesterday’s blog I wrote about the advances that have been made in DC defaults , making them an attractive place to put your money whether you are a novice saver or a professional investor. In this blog – which … Continue reading
Posted in pensions
Leave a comment
Could workplace defaults give best value for money?
The results from our first 100 retirement savers are in and our test group averaged 54/100 on their outcomes. Some of the people who did best are in workplace pensions , including a friend from Port Talbot who has got … Continue reading
Posted in advice gap, age wage, pensions
Tagged AgeWage, Aviva, LGIM, NEST, pension funds
3 Comments