Monthly Archives: May 2023
Buying a pension with my workplace pension pot – why not?
In this article, I look back to the bad old days when people who didn’t choose got “clubbed” by insurers . I look forward to a system that ensures everyone gets a reasonable pension for their savings , whether they … Continue reading
Plan A has failed – what will Capita do now about hacked data?
The Pensions Regulator has asked hundreds of pension funds to investigate whether the personal details of millions of people have fallen into the hands of foreign cybercriminals following a hack at Capita, the UK’s largest outsourcer. The watchdog has … Continue reading
All you wanted to know about the modern tontine
In America, the word “tontine” is not dirty, in the UK it is. What the Americans call tontines , we could call “non-guaranteed annuities” or just “CDC funds”. A CDC fund works in the same way as a defined benefit … Continue reading