Monthly Archives: September 2023
Vested interests and the state pension
It’s depressing to wake up this morning , the weekend after the end of Pension Awareness Week, to find awareness of the value of the state pension is well – weak! In this blog I put forward three views of … Continue reading
Posted in pensions
Tagged auto enrolment, de-risking, Defined benefit pension plan, Pension Credit, Pensions, Ponzi, state pension
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What employers know about their pensions – the brutal truth
Are you interested in why employers end up with the workplace pension they pay their and their staff’s money? Do you want to know more about how they value that pension and why they consider switching pensions? Then you should … Continue reading
John Greenwood – Mr Value for Money!
John Greenwood isn’t just a good journalist, he’s a good bloke. It’s high time he got a go on this podcast and he doesn’t let us down. There is a right load of tosh on this podcast, mainly about the … Continue reading
Update on Pension Scamming from Broadstone’s David Brooks
“Pension scams ruin lives and inflict immense financial and mental trauma on victims. It is great that we are seeing substantial progress against fraudsters with the proportion of adults receiving unsolicited approaches regarding their pension falling rapidly. Action … Continue reading
Stephen Timms asks the PRA what they are up
Yesterday I wrote about a meeting between the regulatory sub-group of the Treasury Select Committee with members of the PRA and in particular Sam Woods, its Deputy Governor. On the same day that meeting was going ahead, Stephen Timms sent … Continue reading
Can we rely on our “default” to pay us a pension, Ros Altmann?
Yesterday I wrote a blog about my idea for a “house pension” . It has a number of interesting comments on it, including this one from Baroness Altmann. Isn’t this idea of a ‘house pension’ what DC default funds were … Continue reading
From Taibach to the Waldorf; will steelworkers get justice?
I spent part of yesterday at a Pension Age conference and listened to a session on scamming from a well-informed lawyer. The talk revolved around the legalities of red and amber flags, whit lists and the role of MaPS … Continue reading
The PRA’s got pension consolidation wrong – it needs a reset.
The Treasury Select Committee runs a sub-committee on regulation that met yesterday (14/09/23). You can watch proceedings from this link. The key interlocutor is Sam Woods, Deputy Director of the Prudential Regulation Authority (the Bank’s Regulator) who is a very … Continue reading
Introducing the “house pension”
How many times have you scanned a long wine list full of expensive options you don’t understand and turned with relief to the back page to find the house wines? Reasonably priced and selected for you by the management, they … Continue reading
CDC – a personal perspective
Yesterday I published a very passionate denouncement of the ABI which unsurprisingly hasn’t pleased the ABI. My beef is based on 15 years of frustration getting to a point where Government has promoted CDC as a Mansion House Reform … Continue reading