Category Archives: advice gap
Open pensions today – pension dashboards tomorrow!
Tired of manana? The Pension dashboard will arrive one day, but when it does it will be a pension finding service. If what you’re waiting for is a way to bring your pensions together then there are plenty of dashboards … Continue reading
Posted in advice gap, age wage
Tagged AgeWage, Dashboard, Pension Bee, Pension Dashboard, pension dashboards
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Could small pots be auto-enrolment’s lethal legacy?
50m at 2050 I spoke with Adrian Boulding last week on the issue of small pots. There are various estimates of the likely extent of the problem, the one I quote comes from DWP research which suggests that unless something … Continue reading
A sense of proportion; (Keating and Clacher on insolvencies and the PPF)
In this article, Keating and Clacher consider corporate insolvencies and their impact on the PPF – they call for a sense of proportion. Last year DB pension schemes paid £65 billion in pension benefits to pensioners; the PPF paid £775 … Continue reading
Posted in actuaries, advice gap
Tagged Clacher, DB pensins, Dr Iain Clacher, Insolvency, Keating, Pensions, ppf
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Where are our retirement savings?
Thanks to Fundscape for sharing this graphic which seeks to lay out what we have in investments (some of which may become our retirement savings – or even a pension). My title refers to “Retirement Savings”, though Fundscape are talking … Continue reading
Posted in advice gap, age wage, pensions
Tagged advice, alternative investment, fundscape, Investment
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What’s the value for the risk I take (in my pensions)
Guest blog from Rahul Agarwal The problem we are trying to solve We start with the aim of creating universally applicable metrics which help understand the value people have got for their money and the likelihood of future … Continue reading
Posted in advice gap, age wage
Tagged AgeWage, dc pensions, Pensions, value for risk taken, VFM
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COVID-19 actuaries bulletin (as the second wave hits)
The Friday Report – Issue 22 … Continue reading
Posted in actuaries, advice gap, coronavirus
Tagged #covid19, actuaries, Actuaries Response Group, C19 Actuaries Response Group
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Data in a dungeon
I’m pleased that Guy Opperman came out fighting for the dashboard when he addressed the Society of Pension Professionals yesterday. He identified two central problems facing the consumer wanting to find out about their pensions. That their data … Continue reading
Posted in advice gap, age wage, open pensions, Pension Freedoms
Tagged AgeWage, Business, dashboar, data lockdown, dc pensions, DWP, Guy Opperman, Pensions Dashboard
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Your DC pension scheme may be for the chop- here’s why
Swimming is my new thing and I swim underground in a cave by St Pauls. As I swim along I ponder esoteric things like why the DWP are putting DC schemes with less than £100m in them – in … Continue reading
Investing to secure defined outcomes
This is Stuart Fowler‘s first post on this blog. I am very pleased he is sharing this essay which focuses on the difficult challenge of investing for a pension. When I met the Chairman of the FCA I asked him if … Continue reading
Posted in actuaries, advice gap, age wage
Tagged DB transfers, defined benefit, Drawdown, FCA, mortgage endowment, pension, Stuart Fowler
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Why value for money must be assessed on saver’s data
The numbers in the boxes above show how much value a group of savers have done with £523m invested in their pots. On the face of it, they have got a better return on average (4.75%) than if they’d been … Continue reading
Posted in advice gap, age wage
Tagged AgeWage, Consultation, DWP, IRR, Pensions, Performance
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