Category Archives: advice gap

Staying motivated with tough times ahead

Posted on October 17, 2020 by henry tapper

I’m sure I’m not alone in feeling apprehensive. The winter is coming and the evenings are drawing in, London’s in the first stages of lockdown though this time we are behind our friends in the north. The furlough is unwinding … Continue reading →

Posted in advice gap, age wage | Tagged , , , | 3 Comments

Opperman lays out his 2021 agenda at the PLSA

Posted on October 15, 2020 by henry tapper

How far we’ve come from ministers reading out statements at pension conferences with no questions flanked at entry and exit by flunkies. Yesterday we had an open- shirted Pensions Minister delivering , seemingly without notes and within the intimacy of … Continue reading →

Posted in advice gap, age wage | Tagged , , , | 1 Comment

PLSA calls for its own regulatory regime to help us spend our pensions

Posted on October 13, 2020 by henry tapper

  The Retirement Living Standards were an initiative that the PLSA should be proud of and I’m glad to see WTW’s Lifesight integrating them into its modelling tools for its savers (announced yesterday). The difficult second album is to find … Continue reading →

Posted in advice gap, age wage, PLSA | Tagged , , | 4 Comments

Global and UK Economic Recovery up to September 2020

Posted on October 13, 2020 by henry tapper

  Covid-19.arg Global and UK Economic Recovery up to September 2020 COVID-19 Actuaries Response Group – Learn. Share. Educate. Influence.   Summary There are clear signs of economic recovery in the UK following the lockdown between March and June, as … Continue reading →

Posted in advice gap, coronavirus | Tagged , , , , | Leave a comment

Stop blaming freedom (for pension scamming)!

Posted on October 11, 2020 by henry tapper

There are many things that pension freedoms have brought us and one of them is the pail of hogwash that they’ve opened the door to pension scams. This is the  line peddled by the FCA’s new CEO Nikhil Rathi at … Continue reading →

Posted in advice gap, age wage | Tagged , , , | 3 Comments

Green pensions? How the DWP are looking to take the luck out of the pot.

Posted on October 11, 2020 by henry tapper

Gina Miller is right on this Encouraging people to go green with their #pensions is an excellent aspiration but be very cautious @GuyOpperman Until @TheFCA protects consumers by granting 100% transparency of holdings, acts to stop #greenwashing – this could … Continue reading →

Posted in accountants, advice gap, age wage | Tagged , , , , , , , | 2 Comments

The conversion of the Pension Plowman

Posted on October 10, 2020 by henry tapper

I had a bit of a ding-dong with Guy Opperman earlier in the year when I disagreed with him about getting illiquid investments into our workplace pension “Backing annuities – yes,  backing DB scheme pensions -yes, but shoe-horned into DC … Continue reading →

Posted in actuaries, advice gap, dc pensions, DWP, pensions | Tagged , , , , | 2 Comments

Who will disrupt western financial markets?

Posted on October 9, 2020 by henry tapper

Maarten Ectors, L&G’s Chief Innovation Officer, writes regularly about using innovation to create new businesses. He has created Fintechs  himself and now holds sway over innovation in one of Britain’s most powerful financial institutions. When he writes, he writes with … Continue reading →

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

Aussies put pensions to the test (could Britain follow?)

Posted on October 8, 2020 by henry tapper

With characteristic bluntness, the Australian Government has decided that if a pension fund is not delivering to its users, it will be starved of new savers until it does. The Australian Taxation Office (ATO) will develop systems that will enable … Continue reading →

Posted in advice gap, age wage | Tagged , , , , | Leave a comment

Would CDC have surfed the pandemic’s waves? Aon think so

Posted on October 7, 2020 by henry tapper

Earlier this week Willis Towers Watson explained how  an individual’s buying power from a CDC scheme could be 70% higher than from a conventional DC scheme. Hot on its heels, Aon analysis shows UK CDC schemes would have weathered 2020’s … Continue reading →

Posted in actuaries, advice gap, CDC, pensions | Tagged , , , , | 2 Comments