Monthly Archives: January 2020
The problem we have taking the big financial decisions
This article appeared in Financial Planning magazine A survey of 2,000 ‘Generation X’ individuals – those aged 39-54 – has revealed that 84% make key financial decisions alone or with their partner. Nearly half (44%) do not consult … Continue reading
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Open pensions; – the opportunity …and the threat.
Darren Philp’s a passionate guy and you should read his piece in Professional Pensions on how we should allow the Pension Dashboard to be part of the open finance initiative. He even has a Mary Poppins moment Apps and aggregators, … Continue reading
Posted in advice gap, age wage, open pensions, pensions
Tagged darren philp, Dashboards, Emma Douglas, Guy Opperman, open pensions, Pension Dashboard
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Retirement’s also about debt
If you look at the Trustee board for StepChange, Britain’s largest charity dealing with the impact of debt, you will see three people familiar to the pension community Sue Lewis (right) – now a trustee of People’s Pension and formerly … Continue reading
Posted in age wage, pensions
Tagged AgeWage, Helen Dean, Lesley Titcomb, pensions, Retirement, Sue Lewis
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Looking at it Robin Powell’s way
I’ve long admired the journalist Robin Powell for his clear insights. Lately he’s taken to writing little stories to illustrate the points he is making. He has written a series of pieces , the rest of which you can find … Continue reading
“What do people want?” – a question for IGCs
The saddest statement I heard last year was from an adviser who told a room “we have given up reporting on outcomes, outcomes always disappoint”. It is not just IFA’s who don’t like to report on the outcomes of … Continue reading
What is MAPS actually going to do over the next 10 years?
I haven’t got a lot to say about MAPS’ UK Strategy for Financial Wellbeing – published yesterday. Having read it , I’m not sure how it is going to help me as a person, business owner as part of British … Continue reading
Are you saving or investing?
Martin Lewis is bang on the money, we save with the expectation of certain outcomes and we invest , speculating on getting more than from saving, with the potential for less. If you think this is motherhood and apple pie, … Continue reading
Posted in advice gap, age wage, pensions
Tagged Investor, Martin Lewis, pensions, Saver
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Tom McPhail – “the Thunderer’s thunderer” #pensions #tax #relief
Sir, The government should abandon its attempts to find a quick fix to the pension allowance taper problem affecting high earners including doctors and judges (“Pension tax windfall for top earners”, Jan 16, and letter, Jan 17). The pension tax … Continue reading
Treating savers as investors.
Considering the importance that pension providers place on winning new business, it isn’t surprising they find keeping it so unglamorous, The banner headlines that get reported internally and externally are new business wins, they are what excite the executive and … Continue reading
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Investment pathways – Aussie style
Geoff Warren has come up with an idea that I like, which scores investment pathways (utility functions as he calls them) by marking the trade-offs between “better and worse outcomes” – something we call “risk tolerance”. This is akin to … Continue reading
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