Category Archives: age wage

Will Aussies dare compare their pensions?

In Australia, “disappointing” superannuation funds are baulking at a comparison tool. https://t.co/MhkGekqX8i — Josephine Cumbo (@JosephineCumbo) October 14, 2019 It’s a big question in the UK too. “Never mind the value, keep giving us your money” is the key message … Continue reading

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Big week for politics – big week for pensions

  Things will come to a head this week. For Guy Opperman today will either be the day his Pensions Bill will make it into the Queens Speech or his first term in office will be remembered as “close but … Continue reading

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Is a retirement pot a retirement plan?

Jo Cumbo’s public resolution – as part of national financial planning week – to adopt a plan for her retirement – was as brave as it was sensible. How many of us have worked out a strategy for the “what … Continue reading

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Boring Money – Extinction Rebellion and Responsible Asset Owners – we cannot go on the way we are.

Yesterday I was lucky to see the best of institutional and retail financial services. In Church House, the seat of the Church of England, I saw institutional investors and asset owners renounce green-washing and embrace responsible – impactful -investment with … Continue reading

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Extinction , Boredom or Symposium?

Frivolity of fidelity, mindless or mindful – which will it be? I am faced this morning with stark choice. Do I cycle on the north side of the river to join responsible asset owners and Adrienne Lawlor working out how … Continue reading

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Why innovation in financial services is so tough

  Today I will be discussing with my team at AgeWage innovation. We are submitting an application for an innovation grant to Innovate UK and we have to determine whether we deserve tax-payers money to take our business forward. To … Continue reading

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Are the nuts and bolts of our workplace pensions coming loose?

  In September 2018, the Financial Times reported on PensionSync research Millions of pounds of tax relief has been overpaid to workplace pension savers in the UK following errors made by tens of thousands of employers. Regulators conceded this week … Continue reading

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What are deferred annuities and why do they matter?

  Cooper and Cumbo – Aussie dream team In a real example, an Aussie who bought a $10,000 deferred annuity at 65 would receive an annual income of $1741 a year from age 85, if they survived to that age. … Continue reading

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The FCA move on insurance company funds.

  The FCA have produced some important findings on Unit Linked Fund Governance as a follow up to their Asset Management Market Study (PS18/8) – AKA – AMMS This paper is important as it goes to the heart of the … Continue reading

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Ignore promises of profligacy or face the tragic consequences.

Really important piece by @ChrisGiles_ Philip Hammond always worried that if HMT allowed fiscal credibility to slip, the Tories would end up fighting (and losing) an economic argument with Labour about who could spend mosthttps://t.co/OsnZVUKY2K — George Parker (@GeorgeWParker) September … Continue reading

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