Category Archives: advice gap

A whole new can of “defaults”

The Pension Regulator’s found a new can of worms to open. This time it relates to a very local problem but creates some difficulties for those running and governing DC pensions. As the vast majority of money going into DC … Continue reading

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Is your Mum getting her proper state pension? – Steve Webb’s making sure!

Apologies to readers whose Mums are no longer around and to younger readers whose Mums are still to retire. but the majority of people who read this blog are millennials and boomers whose Mums are drawing the state pension along … Continue reading

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Shoot the message – not the messenger.

Watching Martin Lewis’ money show last night I found myself aghast! Someone was trying to weigh up whether it was better to get 0.1% pa tax-free from an HSBC ISA or get 0.4% pa from another HSBC account and run … Continue reading

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Chris Daykin compares COVID-19 in the UK to similar countries.

Introduction This note updates and expands my note published on 28 April.  Shortly after that note was published the official daily figures for deaths in the UK began to include deaths in care homes and so jumped up sharply by … Continue reading

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ESG? – don’t take anyone’s word for it!

  We employ asset managers for a reason The reason we employ asset managers is that they are better at investing our money than we are ourselves. They can do the job more time and cost effeciently , execute our … Continue reading

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Should there be a “square mile track”?

Would you like a running track in the Square Mile?  Click to complete survey View survey results In a recent blog, I outlined proposals leaked to the FT but now approved by the City authorities. Emboldened by success, one councillor … Continue reading

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IFS says low-earners should quit saving for retirement.

The Institute for Fiscal Studies has called into question the wisdom of many poor earners paying into workplace pensions under auto-enrolment. It is not clear why the small number of people who would probably be better off not sticking with … Continue reading

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Saving up, spending down – are our finances having a good war?

There is of course no such thing as a good war and there’s no good pandemic either. But personal finances for the mass affluent appear to be improving through lockdown, at least that’s what data coming out of Pension Bee … Continue reading

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Is the UK institutionally ageist?

This week we hear that numbers in England and Wales dying in care homes is exceeding those in hospital. In March Government told these homes the risk of death in homes was “most unlikely”. How did it come to this? … Continue reading

Posted in actuaries, advice gap, age wage, later life, pensions, Ros Altmann | Tagged , , , , , , , | 4 Comments

Powers during wartime- tPR and funding.

  Jo Cumbo has written a fine piece in the FT’s Pension Expert .  She is sympathetic to the Pension Regulator’s current dilemma and supportive of its position over deficit holidays. To be exact, Jo is supporting the balanced position … Continue reading

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