Monthly Archives: May 2022
Will the cost of living crisis lead to a run on the (pension) pot?
Around the turn of the century I wrote my first Government pension consultation response., it was for Eagle Star and was supposed to have been signed off by someone in policy. It wasn’t and it went to Government including … Continue reading
Picking a winner in the workplace pension lottery
“Our research shows that differences between master trusts in their investment strategy and resultant investment outcomes can be literally hundreds of times more important in determining the size of members’ pension pots.” – Nigel Dunn, LCP The investment strategies … Continue reading
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The curse of drawdown
Pension withdrawals decline as economic uncertainty rises Probably too small a sample to base a policy on, but research from online pension provider, PensionBee, reveals that average quarterly withdrawal amounts for all customers declined by over 10%, from £13,132 their … Continue reading
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Stop this crazy talk about increasing AE contribution rates
The economic signals are bad; Britain stands on the brink of a recession. The market is pricing in a doubling of interest rates , inflation is expected to go to 10%,people are paying taxes at an all time high and … Continue reading
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Pension Minister talks sense – shock.
Guy Opperman, UK pensions minister used his “grid slot” of a one hour conversation with the Tom McPhail , myself and 100 pension professionals to announce a change of focus from saving to spending with a number of new … Continue reading
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Judging a pension system by its pensioners
Continuing my blogs from Spain….. Yesterday, I asked the people on the bus as we made our way around whether they felt financially self-confident at the moment. Everyone on the bus is a pensioner and the responses were revealing. These … Continue reading
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A pension can bring a long and robust old age!
I am on holiday in Hondarrabia where Spain takes over from France as you travel south down the Bay of Biscay. Our hotel room looks at Hendaye- the last town France has before the border and on to the … Continue reading
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Take coffee with the Pensions Minister at the Pension PlayPen
On Tuesday, May 10th, Tom McPhail and I will be putting questions to the Pensions Minister at a one hour on-line coffee morning. Here are some of our questions. Pension PlayPen is leading a campaign to increase participation in Pension … Continue reading
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Tagged Coffee Morning, Guy Opperman, henry tapper, pension playpen, Tom McPhail
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The Future of UK Banking and Finance is Pensions – Dr Andy Tarrant
Last Thursday saw the publication of “The Future of UK Banking and Finance” by New Financial and the Atlantic Council, launched with panels of the great and the good at the Banqueting House in Whitehall and a review in the … Continue reading
The reputational risk of not caring.
“Not caring” is different from “care free” but not that different. There is a fine line between being cool and being cold, it’s what defines the creation tension in much of what I hear from Kendrick Lamar , Stormzy and … Continue reading