Category Archives: age wage
Why your pension records – like your medicals – should be yours by right
This blog sets out for the first time a fundamental right of the retirement saver, a right to see their pension record in a digitally readable format. Continue reading
Posted in accountants, advice gap, age wage, DWP, pensions
Tagged AgeWage, pensions, Record Keeping, records
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Changing the way our pensions work
I expect that those few remaining trustees and members of IGCs and GAAs who are in denial of the value of ESG, will – in the face of the forthcoming Act and the detail within the consultation, step down. Continue reading
Posted in age wage, DWP, ESG, pensions
Tagged DWP, ESG, Make My Money Matter, pensions, sustainability, TCFD, TPR
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Pension scams reported at just £10m a year?
The truth is that the FCA do not have a number for the amount that leaks out of the system through dodgy advice. The resources at their disposal to stop scamming are so small that they cannot even report on the proper size of the problem. Continue reading
Posted in advice gap, age wage, Blogging, pensions
Tagged action fraud, Clive Tildersely, FCA, pensions, scams
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Open and shut conversations on pensions
For pensioners, pensions are very much open. We need to think more about how these DB pensioners are treated and start thinking of their needs for understanding and for financial services. Continue reading
Taking someone else’s numbers for it. The shortcomings of AoVs.
I suffer from pension dreams, these wake me up at odd hours of the morning with questions that I cannot answer. This morning’s question was put to me by someone who bought a pension savings plan from me when … Continue reading
Posted in actuaries, advice gap, age wage, pensions
Tagged Actuary, advice gap, AoV, Assessment of Value, pension, pensions, Transparency
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A user’s guide to AgeWage.com
As regular readers will know, I campaign for better information to be made available to savers about their pension pots and to help people understand their pot, have formed a company, AgeWage. AgeWage.com helps people make sense of their pots … Continue reading
Posted in advice gap, age wage, pensions
Tagged AgeWage, annuity, Better Retirement Group, Drawdown, FCA, investment pathways
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Life expectancy is a statistical calculation which estimates the average number of years individuals in a certain group will live. However, people seem to interpret it as an expert opinion that tells them exactly how long they can expect to … Continue reading
Posted in actuaries, age wage, pensions
Tagged Actuary, Australia, Jim Hennington, Life expectancy, lifetime pension, pension
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The geography of our investment matters
I’ve become interested in the geography of investment through a friend who’s in with “the Good Economy’s Place Based Impact Investment Initiative” and I ended up writing a blog on it. I asked my son for his thoughts as he’s … Continue reading
Posted in age wage, pensions
Tagged Bruntswood, ESG, Legal & General, Oliver Tapper, Paul Stanworth, place
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If payroll can integrate to our pensions, why can’t we?
Cast your mind back to the back end of 2012 when the big retailers and banks were staging auto-enrollment. The big employers were spending hundreds of thousands of pounds re-coding their payroll software or were ransoming themselves to “middle ware” … Continue reading
Posted in age wage, Payroll, Pension Freedoms, pensions, Sage
Tagged aeclypse, Dashboard, integration, Payroll, pensionsync
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“Dragging pensions out of the digital stone age”
New data today. Record numbers are using the internet. Record numbers are also investing in pensions. You’d never know. We must drag pensions out of the digital stone age. https://t.co/j3To2IpsmP pic.twitter.com/T4XErS6jqo — Alistair McQueen (@HelloMcQueen) August 7, 2020 I was … Continue reading
Posted in advice gap, age wage, pensions
Tagged Alastair McQueen, API, Aviva, internet, pensions
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