The observation that retirees 'don't have a clue' understates the advice gap rather than member apathy. Generative tools may finally…
I stand corrected. My apologies. The only overrides to that 2007 legislation were during Covid when the earnings link was…
The earnings increases that can now be expected in2027, 2028 and, probably, 2029 are not part of the triple-lock. It’s…
I suspect you mean that the 2.5% floor won’t be the binding element in 2027? The earnings part of the…
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Monthly Archives: February 2021
Government says “NO” to pension reform at the NHS.
“No” is a very short word. The Government has decided to say “no” to calls for further reform of the Annual and Lifetime Allowance as they impact the NHS pension scheme. “No” is a short word but this is a … Continue reading
Could DC admin be the Regulator’s ticking time-bomb?
The Pension Regulator DC Research report, published yesterday has drawn attention for its findings on value for money and trustee engagement with ESG, but the most worrying sections of the report are the least reported – namely the alarming failures … Continue reading
Posted in pensions
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MaPS’ green blind-spot tars good drawdown guidance!
Following yesterday’s post on MaPS’ new service guiding people to pension options, I’ve seen quite a bit of feedback from providers, but no comment from consumers – it would be good if MaPS can report on the use of the … Continue reading
100 up! Click to the best from the Covid-19 actuaries
100: Our hundredth bulletin COVID-19 Actuaries Response Group – Learn. Share. Educate. Influence. Congratulations to the Covid ARG for getting 100 bulletins up. The actuarial response group now has it’s own website which will become an archive for pandemic historians … Continue reading
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Putting our money where their mouth is? We’re not there yet!
Last night I had the chance to listen to the Lord Mayor’s lecture – organised by Gresham College which is a few yards from where I live. If this had happened last year, I would not have been invited or … Continue reading
Posted in advice gap
Tagged Aviva, Fidelity, Gresham College, Hargreaves Lansdown, Interactive Investor, L&G, Lord Mayor, Lord Mayor's Show, Mark Carney, Pension Bee, Standard Life
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Dennis Leech on valuations, USS and the cost of prudence.
Valuations A valuation – comparing its assets with its liabilities – is a legal requirement for every pension scheme. A valuation is only truly a guide to funding adequacy for a closed scheme. But it is a poor rule for … Continue reading
Posted in pensions
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Covid-Arg tell us what’s really going on with vaccinations.
Monthly medical update – Issue 6 31 January 2021 By Nicola Oliver and Dan Ryan for COVID-19 Actuaries Response Group – Learn. Share. Educate. Influence. Given the pace of change with ‘all things COVID’, it can be hard – even … Continue reading
The DWP has responded to calls for the State Pension to be increased to at least £14,500 a year –…