Monthly Archives: October 2023
ReAssure’s IGC toughs it out – but the cracks are plain to see.
The Reassure IGC report for 2022 tells a different story from the headline. Not only did Reassure provide value for money in 2022 but it provided it in 2021 as well. Digging down into the complaints about ReAssure’s “appalling service”, … Continue reading
Smart ways to improve our “accidental” saving.
Smart’s report is entitled “Do DC members have their heads buried in the sand?” conducted with Professional Pensions it concludes If they are not in control of their retirement, they cannot address any looming income shortfall. This can lead to … Continue reading
Edi Truell and the Pension SuperFund buy STM and the Options Master Trust
This morning , the linked announcement was posted on the stock exchange website It marks the arrival of Pension SuperFund in the retail pension market. The Cash Consideration values the entire issued and to be issued ordinary share capital … Continue reading
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Why did schemes pay those crazy transfer values?
The advisers have left the house, some have seen their businesses grow as they responsibly advised clients on taking sky-high transfer values, some are struggling with insurers and the FIS to keep their business afloat – as claims arise. Some … Continue reading
Are we seeing the rebirth of the “scheme pension”? Discuss pension innovation with me at 10.30 today
Today I’m talking with the Pension PlayPen about what the industry calls “decumulation” but which is properly called “getting a pension”. You can join the session from this link. A pension is something that is paid to you , by … Continue reading
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Tagged pension playpen, Pensions, Scheme Pensions, silent majority
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Recovering COVID loans is a winning policy
Why hasn’t the present government done this BBC News – Labour’s Rachel Reeves to set out plan to recover Covid fraud billionshttps://t.co/TuDemVqJfP — Graham Ramsey (@grahamramsey238) October 9, 2023 Small businesses who were struggling through Covid were encouraged to take … Continue reading
A good IGC report from Standard Life – but spare us the “calls to action”!
As you might expect, Standard Life’s IGC report paints a very rosy picture of the value Standard Life savers are getting for their money (the pointer heads right not left). What you mightn’t expect are the calls to action to … Continue reading
Important amends to my Aviva IGC report.
This report has two important amends from that originally published. In their 2022 report, the Aviva IGC did indeed conclude that members not protected by the AE charge cap, and paying in excess of 0.75% a year in charges, were … Continue reading
We are top of the league – Yeovil are top of the league!
Extended Highlights 🎥 A Rhys Murphy brace and a Jordan Young goal saw the Glovers beat Aveley 3-1 to go top of the Vanarama National League South.#YTFC 💚 pic.twitter.com/iUu4qyNY8i — Yeovil Town F.C. (@YTFC) October 8, 2023 It’s been a … Continue reading
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L&G IGC – inaction is not an option.
L&G has a new IGC Chair and Joanne Segars has the unenviable task of reporting on 2022, which by any standard – was not a vintage year for DC savers. Unfortunately , L& G did not have a vintage 2022 … Continue reading