Monthly Archives: December 2023
Why do our wages build a war-chest for the PPF?
A long-time friend hits the nail on the head in an FT article on the PPF levy. This is very precise thinking. “The PPF is requiring employers — who typically pick up the cost of levies — to hand over … Continue reading
Tom and Michael’s portable personal pension V2
I’ve been slow on the uptake with regards Michael Johnson and Tom McPhail’s new paper on “pot for life” It’s been sat in my inbox a few days and meanwhile Patrick Hosking has covered it in the Times. calling the … Continue reading
Posted in pensions
Tagged Michael Johnson, pot for life, Social Market Foundation, Tom McPhail
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So much for “gold-standard” pension buy-outs
The 300,000 Pensioners getting paid each month by Pension Insurance Corporation, may not be best pleased to read in their FT (or on this blog) that their paymasters in 2024 are likely to be “Barbarians at the Gate”. Apollo, Carlyle … Continue reading
Hymans demand DC pensions for “us great unwashed”
Hymans Robertson issued a press release yesterday that I thoroughly endorse. Hymans’ analysis concludes that DC pension members could increase retirement incomes by as much as 20%1 if new risk sharing options were made available at the point of … Continue reading
So what’s this new pension minister like then?
I had the good fortune to meet with the Paul Maynard, our new pension minister yesterday morning. I won’t go into my agenda , though I hope that I will be able to talk more openly about what we discussed … Continue reading
“Financial Services is Britain’s oil – it corrupts from within” – Bryn Davies
Forget everything they warned you about a “Corbynista” and watch this video instead Bryn Davies is a reasonable man with firm views about what pensions should do and the audience that he got from Pension PlayPen made up in quality … Continue reading
Is TPR really not fit for (consumer) duty?
It’s a question that’s been asked at several Pension PlayPen sessions and now I see an adviser calling for TPR to be wound up as not fit for duty Adviser argues for TPR/FCA merger after Consumer Duty ‘failure’ Karen … Continue reading
“Higher for longer” applies to pensions as well as interest rates – LCP
I like the way that LCP are allowing their up and coming consultants to be expressing themselves so freely through blogs. And I like Robin Alexander’s blog a lot. That’s not me being condescending, it’s me saying I wish I … Continue reading
The time to reimagine retirement is now
Stephen Huppert and Andrew Gale have written a fascinating paper which you can read from the embed or download from here. The timing of publication is good with the release of two papers from the Government in the same week: … Continue reading