Monthly Archives: February 2020
Getting Smarter about how we retire
#SmartSnap 2 is here: Smart Retire In this video, we share a sneak peek of Smart Retire – our unique “to and through retirement” master trust solution – coming this year to Smart Pension. pic.twitter.com/14JKPvjUkq — Smart Pension (@smartpensionuk) … Continue reading
Posted in advice gap, age wage, pensions
Tagged L&G, pensions, Phoenix, Scottish Widows, Smart, Smart Pensions
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Are passive managers giving value for our money?
In the debate about what we get for the money we pay to fund managers , we tend to think of passive managers, not as managers – but as funds. We can of course get access to indices by buying … Continue reading
Posted in advice gap, age wage, FCA, pensions
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For the under-pensioned – savings is only half the story.
Peoples Pension are building a fabulous business out of auto-enrolment which will help future generations to get better pensions and so enjoy more security in retirement. Gregg McClymont, who runs policy at People’s Pension, is concerned about the pension gaps … Continue reading
Posted in advice gap, age wage, pensions
Tagged AgeUk, Pension Credit, pensions, People's Pension
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What makes for a “progressive” pension provider?
“Progressive” and “pensions” are not synonymous, the words fuse into an oxymoron and ribaldry ensues. I spoke to an insurer last year who introduced me to the concept of “last mover advantage” which involves a large organisation sitting by and … Continue reading
Treasury flies a pension kite on a stormy weekend
For as long as I’ve been advising on pensions, the weeks running up to the budget have been filled with rumours of draconian reductions in the subsidies available to the rich to featherbed their retirement. This FT story has the … Continue reading
Posted in age wage, pensions, Politics, Treasury, welfare
Tagged pensions, Sajid Javid, tax relief, Treasury
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If we can do it for baked beans… we can do it for pensions
Not so long ago, the then pensions minister likened choosing a workplace pension to choosing baked beans. There are many brands of beans on the shelf at different prices. Shoppers buy not on money, but value for money. They have … Continue reading
Posted in pensions
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Guy Opperman – we want you to stay
I first met Guy Opperman at a TPAS function when he gave my company First Actuarial a commendation for the work it had done on financial education. It was one of the first times he had spoken as the … Continue reading
Posted in advice gap, age wage, pensions
Tagged financial inclusion, Guy Opperman, Pensions Minister, TPAS
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“State of the Pension” address
After doing a 30 minute address to to CIPP in 10 minutes, I’ve been called back to do another one – only this time I’m first on – which means I could gab on for ages and make sure no … Continue reading
Posted in advice gap, age wage, Martin Lewis, Payroll, pensions
Tagged CIPP, Investment, Payroll, pensions, Tax, Technology
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Can you judge value from your pension pot?
My friend Emmy Labovitch, who is now a Director of the PPF told me the one risk you can get off the table if you’re a consumer is cost. If you can measure cost then you can look at the … Continue reading
Workplace GPPs, incompetence not governance drives policy.
The argument in a nutshell The FCA has decided to relax rules that would have made the management of workplace group personal pensions very difficult. These GPPs are run by insurers and a few GSIPP operators (Hargreaves Lansdown most prominently). … Continue reading
Posted in advice gap, age wage, pensions
Tagged charges, costs, FCA, Nutshell, pensions, transaparent, Value for Money
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