In the states, certain retirement savings programs have unique "catch-up" provisions - where those whose income varies from year to…
NEST’s Guided Retirement Fund in the UK gets part of the way there by separating money according to its intended…
"As usual with The Times, this is a briefing about England & Wales only." I'm so old that I can…
"... Setting a glide path in retirement is ‘completely useless’ and equities investments should be held in a portfolio for…
Monthly Archives: November 2021
Transfer incentives – gimmicks or guidance?
Swap ‘utility’, ‘broadband’, ‘bank’ or ‘gym’ for ‘pension’ and it would barely raise an eyebrow. Should pensions be different to the rest of the free market? — Will Aitken (@WillJAitken) November 12, 2021 Our pension savings have a status in … Continue reading
“yes, no, maybe” ; XPS analysis exposes limits of signposting.
Our first annual survey of DC retirement outcomes reveals that pension schemes that offer retirees a full suite of options on how to access their funds secure the best outcomes for their members. -XPS This conclusion is reached by … Continue reading
R-down, boosting up and non-vaxxed lockdowns – C19 Arg’s weekly report.
http://www.covid-arg.com Friday Report: Issue 55 By: Adele Groyer, John Roberts, Dan Ryan and Matt Fletcher COVID-19 Actuaries Response Group – Learn. Share. Educate. Influence. COVID-19 is still one of the hottest topics for scientific papers and articles. The COVID‑19 … Continue reading
What we need are “after-workplace pensions”.
The concept of the “employer covenant” is different for member and trustee The concept of collectivism in pensions is restricted to the workplace. The key instruments of collective pensions are payroll that collects contributions, the corporate treasury team that provides … Continue reading
Posted in actuaries, advice gap
Tagged after work, after workplace pension, Afterwork, Pensions, workplace
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Aon could look beyond the employer, for appetite for CDC
So what does Aon mean by “the industry”? It’s in the nature of large consultancies that when they think “collectively”, they think of employers. Pensions have been “occupational” for generations and occupational pensions speak collectively as the “pension industry”. But … Continue reading
Will knowing how our pension is invested help?
Australian superannuation funds will be required to publicly disclose details about their investment holdings, under new transparency measures coming into force next year. Details follow: — Josephine Cumbo (@JosephineCumbo) November 11, 2021 The Australian Govt said the new disclosure requirement … Continue reading
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The cost of guarantee and trust deficit in the USS- Woon Wong
This blog from Woon Wong is a very welcome addition to the evidence that USS is architect of the predicament it finds itself in. Despite a short balloting period, staff of 37 universities voted for strike action over changes … Continue reading
A good day to become senior
Today is 103 years since the armistice ended the first world war and it is my 60th birthday. I popped out just after 11 am. My father, who delivered me , joked that Mum didn’t observe the minute’s silence. I … Continue reading
Why we shouldn’t choose pension providers just on price!
The decision from the DWP to defer prescribing on how a commercial pension provider charges member’s for their services is welcome. It would have been better if we didn’t have to consult further and that the Government made the message … Continue reading
Posted in pensions
Tagged DWP, interactive invetor, pension, Pension Bee, Price, value, Value for Money
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Steve Webb pours scorn on the Government’s vision for pensions
You don’t really need satire when this is how Government sees things… https://t.co/QIlhmuBxKF — Steve Webb (@stevewebb1) November 8, 2021 At yesterday’s Work and Pensions Select Committee meeting, Guy Opperman and John Glen were quizzed for two hours on … Continue reading
You usually need 35 qualifying years of National Insurance contributions to get the full State Pension in the UK. If…