Category Archives: advice gap

Five ways the change from RPI may impact you and your pension

  It doesn’t matter if you are an employer or a DB pensioner or a DC saver, the Government’s decision to move from RPI to CPIH in 2030 will almost certainly impact you. The winners in this will be the … Continue reading

Posted in actuaries, advice gap | Tagged , , | 6 Comments

“Sooner being better than perfect” a model for our times.

There’s a tremendous  post on social media from Tan Suee Chieh , president of the IFOA which outlines the principles that enabled Louis Gerstner to transform IBM. Gerstner Principles • Manage by principle, not process • Market driven (or membership … Continue reading

Posted in advice gap, Big Government | Tagged , , | 1 Comment

CPI, RPI and CPIH – get up to speed pension people!

  I first published this blog in May 2017. Since then the Treasury has been consulting on the RPI/CPI/CPIH issues identified by the Royal Statistical Society. The result of that consultation is due anytime (most likely Wednesday 25th November). The … Continue reading

Posted in advice gap, pensions, Retirement | Tagged , , , , , | 3 Comments

CDC works because DC and DB pensions don’t.

  My blog yesterday, praising Willis Towers Watson for having the courage of its convictions has received considerable attention, with comment generally being unfavorable , ranging from the politely skeptical Interesting stuff, Henry. The fact that you are happy with … Continue reading

Posted in advice gap, CDC | Tagged , , , | 5 Comments

Is Salesman Simon a pension scammer? I think not!

Simon Eagle is not your common or garden pension salesman. He is a mild-mannered actuary with a mischievous smile and a stammer that he has bravely overcome. When he claims that CDC beats drawdown by 57%, we should listen up. … Continue reading

Posted in advice gap, CDC, consolidation | Tagged , , | 9 Comments

Andrew Bailey – please stick to banking!

Andrew Bailey’s excursions into pension politics A couple of months ago, Andrew Bailey spoke out against Superfunds which he claimed undermined the security of pensions by taking money away from insurers and  invested in the market for growth. He argued … Continue reading

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Pension Bee floats for £300m – MPs dither over dashboards

    Two things caught my eye yesterday evening. The first was a comment made in parliament by Nigel Mills MP on protecting people from themselves and denying them access to digital consolidation via a dashboard. Nanny state The Government … Continue reading

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USS; are UCU and UUK missing the big picture?

This is nonsense. If universities can’t pay the required #USS DB contribution, then simply move to DC, which was of course the original plan. Universities backed down in the face of strikes https://t.co/rYtU1azGjM via @timeshighered — John Ralfe (@JohnRalfe1) November … Continue reading

Posted in advice gap, CDC, USS, Value for Money | Tagged , , , , , , , , , , , | 2 Comments

Wishing you an authentically #LidlChristmas

Thanks to Lidl GB , I look forward to an authentic Christmas that I can believe in. I have no idea why or how Lidl will make me feel this way, but if its trailer for its Christmas ad is … Continue reading

Posted in advice gap, brand | Tagged , , , , , , | 1 Comment

Are our pension schemes the treasury’s piggy bank?

Yesterday I published a series of tweets from Jo Cumbo on the difficulties the Pensions Regulator would have balancing the interests of members and sponsors with the interests of Rishi Sunak in getting schemes to invest in the nation’s infrastructure. … Continue reading

Posted in advice gap, age wage, pensions | Tagged , , , , , , | 6 Comments