Monthly Archives: February 2020
FCA reverse the tank
FCA has also watered down plans for workplace pension charges to be disclosed by scheme governance bodies from April, after industry complained the data would be “difficult for members to digest”, and could “disincentivise member engagement”. — Josephine Cumbo (@JosephineCumbo) … Continue reading
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Millennials; A case of “arrested adulthood?”
I hadn’t heard of Bobby Duffy till last night, he sounds like a Simon Cowell creation rather than the star of the FCA’s “live at the Kings Foundation on a Monday night” show. But there was Bobby clambering to … Continue reading
Pension incentives – a foundation for change.
Looking for some help on this one. I appreciate it could be both but if it’s a binary choice, which one do you go for? Thanks Is pension tax relief meant to be… — Tom McPhail (@PensionsMonkey) February 3, 2020 … Continue reading
“A pension at 15?” – maybe not!
It’s fun keeping my brain attuned to other people’s pension problems for the Times. I’m glad I did this one with my friend Ros Altmann. Thanks to David Byers for this cerebral nutrition! Tina Foxall, 51, a school exam … Continue reading
Posted in age wage, pensions
Tagged AgeWage, pension, stakeholder pensions, Times, Tina Foxall
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“Out” at work – our new diversity
We return to work this morning “out” of the EU for the first time since December1972. Like most of Britain’s workforce this will be a new experience to me. The weekend was marked by a palindrome , Sunday was 02.02. … Continue reading
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Tagged Brexit, Coronavirus, Diversity, out, pensions, woke, Wuhan
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What this lottery winner can teach you about your pension
This is an article that found from a tweet from Tom Mcphail, thanks to Unbiased, the IFA finding service for putting it there. Would anyone take the £1 million up front? https://t.co/xyvVIDiL7E — Tom McPhail (@PensionsMonkey) January 30, 2020 … Continue reading
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From Blackfriars to Port Talbot
My favorite John Ralfe article is called “don’t cash in your final salary pension” and it contains this passage. If you are wealthy enough — to the extent that there is no risk of running out of enough money before … Continue reading
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My ethics are my own
I appear to be under fire on twitter for claiming I am investing ethically by purchasing units in the LGIM FutureWorld fund. I am aware that this fund is not strictly an ethical fund and that my investment isn’t an … Continue reading
What are those actuaries up to now?
“The Great Risk Transfer” baffled the journalists who were conspicuous by their absence at this breakfast meeting. Pension Age reported “IFoA to investigate transferring of risk onto consumers” as if the actuaries were campaigning for Which? Professional Pensions reported the … Continue reading