Monthly Archives: March 2022
Did Sunak kick pensioner’s walking sticks away?
I’m not sure I’ve ever written a headline before but I’ve got one in the Daily Express this week. I’m in my sixties and run a fair bit (if you run , let’s follow on Strava). Am I being ageist, … Continue reading
Why are alternative assets more profitable to fund managers?
I get it – if you are an asset manager, you buy expertise and access to markets so you can make more profit. But why does the light pink box deliver so much more in revenues, relative to their “modest … Continue reading
Fair’s fair, will employers share their good news on DB with staff?
There’s more to this question than meets the eye. DB in run-off is likely to become less expensive to sponsors as inflation and interest rates increase. This should feed through to lower funding which might feed through into more equitable … Continue reading
Value for Money
When I went to see the Pensions Minister earlier this week, I had three problems and three ideas My first problem was that we had no fix for the feeble participation rates for pension credits, I’ve written about the solution … Continue reading
Financial Planning for people with small pension pots
Problem – people with small pots with no financial plan NEW: The OBR predicts that over-55s will be dipping earlier and deeper into their pension pots to help manage the cost-of-living crisis. pic.twitter.com/oYoMXQQoXT — Josephine Cumbo (@JosephineCumbo) March 23, 2022 … Continue reading
How to stop us spending our pension pots like muppets.
When I asked Guy Opperman on Tuesday, what had happened to the 650,000 workers who’d gone missing from payrolls and benefit claims, he replied tersely “we know a little about that“. Clearly he knew the OBR’s estimate of tax receipts … Continue reading
A sorry day for pensioners.
My heart has sunk since I watched Rishi Sunak’s Spring Statement. So it seemed did the nation’s It’s a sorry state of affairs for one nation conservatism when not one penny can be found for those on universal or pension … Continue reading
Posted in pensions
Tagged Dr Coffey, Guy Opperman, Pension Credit, Pensions, Rishi Sunak, Spring Statement
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Rishi Sunak delivers his Spring Statement – nothing for pensioners, nothing for pensions, nothing much for anyone
The big omission from this statement was anything for those subsisting on means tested benefits. They will be facing cost of living increases of probably 10% but their benefits will rise by just 3.1%. And cut compared to last year … Continue reading
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No turning back on the Triple Lock ; Dr Coffey,
At this rate, pensioners could see 8% pension increases next year if Triple Lock reinstated. Can Govt stick to its pledge? https://t.co/SkWkSMWxVE — Josephine Cumbo (@JosephineCumbo) March 22, 2022 There had been some speculation that Dr Coffey , SOS for … Continue reading
Pension Credits ; the DWP’s ignorance is not bliss.
It’s refreshing to write an article on the way of Government without fear of reprisal. Anyone in this country has the freedom to publish their opinions freely so long as they do not constitute a hate crime. I met with … Continue reading