Monthly Archives: August 2024

Pension industry marginalised in Govt pension review.

The Government has published the terms of reference for the first stage of its pension review My commentary is in red. Those who consider this review an open consultation that allow the pensions industry lobby to set the agenda, will … Continue reading →

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One VFM for the boss, one for the worker?

We are spending a lot of time consulting with the FCA about how value for money can be measured as more than the costs and charges levied on a member’s pot. We are asking employers – whose pension knowledge is … Continue reading →

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Is Fairs fair on the DB funding code?

For such a decent, mild-mannered and well- qualified individual, David Fairs is an unusually controversial character. As a KPMG partner he worked on innovative and cutting-edge pension policies and developed a reputation for forward looking policies that pushed at the … Continue reading →

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Peace on the railways , but will pensioners pay the price?

After Rachel Reeves, the chancellor, scrapped the winter fuel allowance for most pensioners, Caroline Abrahams of Age UK said: “We have been inundated with messages from pensioners who are angry and upset about the impact on them of losing their winter fuel payment this … Continue reading →

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Thanks to First Actuarial, Pension SuperHaven pushes to launch

I can see why so many press releases get written, they create a sense of order and normality for the people who write them and for me, to be working with old friends at First Actuarial as we press on … Continue reading →

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4000 years before Christ – we dragged a 6 tonne stone from north east Scotland to Wiltshire?

  I find this utterly amazing  That a six tonne stone could be dragged the length of the British Isles over a number of years, gathering veneration as it made its way south is almost beyond comprehension, Did our ancestors … Continue reading →

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Give me no more spreadsheets when I go!

Around lunchtime yesterday an email arrived from the Railway Touring Company offering to take me and my partner to Weymouth on a train hauled by a steam engine. There was a generous last minute discount and I inquired of my … Continue reading →

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Another bright idea for drawdown bites the dust!

It is with great regret that I have to announce the failure of yet another product to protect the consumer wishing to draw an income from a market based investment strategy. Ladies and Gentlemen , I give you the covered … Continue reading →

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Pete Glancy and Scottish Widows – caught in the doom-loop of complexity!

In this blog I take issue with Pete Glancy and his premise that we have a “decumulation dilemma”. We have no such thing, we enter into a pension scheme to sort out our pension dilemma, it is the provider of … Continue reading →

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Banksy’s fish-art captured by City Cops! Put it back!

Banksy’s fish art was 200 yards from where I live in London. Walk up to Standard Life in Old Bailey and on for a cup of tea at Beppes in West Smithfield and you walk by the traffic box on … Continue reading →

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