Monthly Archives: December 2022
Nest’s target dated funds and the perils of Dead Wax
The target dated fund is overtaking “lifestyle” as the most common way of pre-packing someone’s retirement savings ready for the choices we demand people take of their workplace savings. So long as your workplace saving isn’t into a defined benefit … Continue reading
We want from pensions a wage that gives dignity in retirement
The DWP is tasked to deliver, what choices does it have? When Adair Turner published the original finding of the Pension Commission he concluded pensioners will become poorer relative to the rest of society; or taxes/National Insurance contributions devoted to … Continue reading
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Nico Aspinall- radical on the investment of our workplace pensions.
I find myself violently agreeing with Nico Aspinall, something that rarely happens but is good when it does. In the first of what I hope will be a number of briefing notes, Nico weighs into the hegemony of life company … Continue reading
Professor David Blake’s early LDI warning to TPR
Professor David Blake is Director of the Pensions Institute at Bayes Business School. This is his evidence to the Work and Pensions Committee and is published here with his permission. I have just listened to the panel session:https://parliamentlive.tv/event/index/ce2d2ff4-204c-4bb2-b34c-f6437f47a95d I agree … Continue reading
Don’t miss out: 10 days to claim pension credit and qualify for EXTRA £324
Minister for Pensions Laura Trott urges pensioners to check if they qualify for Pension Credit The average Pension Credit award is worth over £3,500 a year and those who claim by 18th December could also be entitled to an extra £324 … Continue reading
Getting your children up the pension ladder
Pension Bee have come up with an imaginative way to boost loved ones’ pension savings by thousands of pounds with monthly tax-free gifts The pension operator modelled several scenarios to highlight the potential of passing on wealth through pension contributions. … Continue reading
Which stranded assets should we pick?
Like any liberal do-gooder, my first reaction to hearing the Government had cleared the digging of a £165m mine in Whitehaven with “dismay” – or an expletive not fit to be published. My second reaction was “what do I know” … Continue reading
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Tagged Coal, Conflicts, ESG, Port Talbot, Scunthorpe, Steel, stranded assets, Whitehaven
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WPC hears from providers and consultants on LDI
There have been big losers from the LDI crisis. It has been going on all year but intensified following the Bank of England’s switch from easing to tapering and intensified again after the announcement the next day of the ill-fated … Continue reading
Richard Wilson’s proposals to turn pensions upside down
This is the recording of Richard Wilson’s presentation and conversation with the Pension PlayPen on Tuesday 6th December 2022 We have much to learn from Australia, something that former Pension Minister Guy Opperman made his mantra (we await whether his … Continue reading
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How we turn LDI from screwing up to tuning up our pension savings
Take a look at the average default fund – the one you are in unless you’ve “opted-out” and if you are over 55 , you will probably find it is invested not in return seeking assets but what the pensions … Continue reading