Richard Smith
Richard’s coming to our coffee morning to repeat his triumphal sessions over the past five years. Richard is the genuine item and a friend to Pension PlayPen. He has agreed to attend at short notice and I hope we will give him the attention his knowledge and enthusiasm deserve.
Click to attend
When – Tuesday 14th October (today) at 10:30am
Richard will be giving us a full update on Pension Dashboard implementation.
He’ll fill us in on..
To join; CLICK HERE at 10.30 Tues.
Richard Smith is an Independent Pension Consultant and has run a blog for over eleven years at www.dashboardideas.co.uk.
He also holds roles with PASA, and PLSA. He has acted as a consultant to MoneyHub.
He tells us his presentation will follow the format of the hit with SG pensions..
Details of that presentation are below.
A rather better advert than you can get from me!
This from Pension Oldie
I assume you will be travelling this morning. I guess like me you may have difficulty joining the Pension Playpen Coffee Morning for that reason.
Yes I did know that the MAPS Pension Dashboard will present projected annual pensions in three categories: DB, State Pension, and DC pots projected forward using standardised factors. Interesting the mock up I saw put them in that order with DB first presumable because it was the most secure and the element with the lowest risk. I hope the footnotes discourage consideration of transferring out of DB and should only be done with advice (not guidance!).
However if the dashboard is to encourage the non statutory considation of small pots, which I understood was an objective, it will be encouraging the individual to actively manage their pension pots. If the “man on the Clapham Omnibus” is being forced into this, will they not be seduced by the adverts which I saw on the Tube last week encouraging them to take control of their finances in one place from one of the online service providers, currently offering SIPPs on a self select basis?