Category Archives: advice gap
“Take the small DB scheme seriously?” We don’t and we won’t- at this rate.
In some brooding over the small DB schemes left in the private sector yesterday, I prompted an email that I will quote from. I gave six reasons for there still be nearly 5,000 of the expensive to run and questioned … Continue reading
Posted in advice gap, pensions, Pensions Regulator
Tagged actuaries, DB Scheme, small, superfunds
4 Comments
Rethinking How We Fund Later-Life Care: Time for a UK “CareSaver”? – Alexandra Miles
This is good, really good and it is I hope , going to be read by those who control the spending on welfare in this country. Adult social care in the UK is under real pressure — underfunded, means-tested, fragmented. … Continue reading
Insurers competing for pensions using leverage to boost annuities? Surely not.
The bulk purchase annuity market comes under the scrutiny of the FT this morning. They are reporting what we have heard rumoured but have had no solid evidence of. The insurers say this has nothing to do with the leveraged … Continue reading
Posted in advice gap, pension genome
Tagged Annuties, Insurance, L&G, LDI, leverage, Liability Driven Investment, Pensions, Phoenix, PIC
1 Comment
The FCA tell us how far DC “pots” are from being pensions (pt 1)
At 162 slides, the FCA’s Financial Lives survey of the nation’s understanding of private pensions is a phenomenal publication. It’s the document that was mainly researched this time last year from ordinary people, not those put forward by insurers, advisers … Continue reading
CDC for those who want more certainty? We call it “shared ambition”.
The move to CDC looks happily inevitable. I hope that by 2030 most people in workplace pensions will have access to a pension and the amount of certainty from their pension will be dependent on fiduciaries (trustees and personal pension … Continue reading
Posted in advice gap, age wage, auto-enrolment, pension playpen, pensions
Tagged AgeWage, Pension Superhave, Pensions, PSH
2 Comments
Competition will not drive good funded pensions; that’s over.
Waking up to a new pensions world I am sorry to read arguments on social media and in Pension Age lamenting the loss of the competition we have today. The mess of GPPs, single employer DC schemes and the majority … Continue reading
Posted in advice gap, auto-enrolment, pension playpen, pensions
Tagged David Brooks, Pensions, Steve Webb
1 Comment
Is People’s now a “fully agile internal manager” of our savings?
Toby Nangle is a good guy, he comes from the investment community and he’s trying to turn People’s Partnership and other savings organisations into the kind of investment houses that make for happy Chancellors. This report is from Pension Age … Continue reading
Posted in advice gap, auto-enrolment, pensions
Tagged advice, annuity, Business, Business and Economy, Investment, NEST, Pension new, Pensions, Tax
1 Comment
Thoughts on death, tax and pension dashboards
In the Autumn Budget 2024, the government announced several measures to reform Inheritance Tax and deliver what it calls “a fairer and less economically distortive tax treatment of inherited wealth and assets”. This includes a measure to make most … Continue reading
Understanding other people’s priorities – Chris Parrott
I’t’s Chris Parrott’s turn on Darren and Nico’s podcast. Chris and Darren are best mates and it turns out they are planning a roadtrip in the States to watch NFL . Which might lead you to think that this … Continue reading
Posted in advice gap
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