Category Archives: drawdown

A method for the madness. Is the DWP Select Committee – pension’s best hope?


The diverse agenda of the DWP Select Committee might be considered madness. I am not going to write that their is method in this madness as it’s clear to me that we cannot properly consider freedoms, without looking at CDC for … Continue reading

Posted in drawdown, DWP, governance, Henry Tapper blog, pensions | Tagged , , , , , | 2 Comments

“A decision to take a transfer cannot be reversed and should not be rushed”


This blog is mainly written for deferred members of the British Steel Pension Scheme, but many other people may find it interesting. There’s no doubt that what is going on in Tata-land, will go on with other employers who feel … Continue reading

Posted in accountants, advice gap, Bankers, Change, drawdown, Facebook, pensions | Tagged , , , , , , , , , | 8 Comments

DWP now leads the way on cost disclosure


  What’s this about? In a first-rate document, the DWP have set out radical proposals to allow ordinary people to see and compare the costs  their trustees are paying for the investment of their pension money. These proposals go well beyond … Continue reading

Posted in accountants, advice gap, drawdown, DWP, IGC, pensions | Tagged , , , , , | Leave a comment

(s)Carey pensions!


Thanks to Angie Brooks for bring to our attention a very disturbing matter relating to Carey Pensions. “Careys” will be known to those working in the early days of auto-enrolment for providing auto-enrolment shells into which various entrepreneurial fund managers … Continue reading

Posted in dc pensions, drawdown, Henry Tapper blog, London, pensions | Tagged , , , , , , | Leave a comment

The Pension Dashboard – all dressed up with nowhere to go.


The number of pension providers who’ve paid to join the Government’s pension dashboard initiative has risen to 17. The initial pilot will be more complete because legacy pension providers like Phoenix have joined the hard core who offer new pensions … Continue reading

Posted in auto-enrolment, drawdown, pensions | Tagged , , , , , , , | 1 Comment

“Rape and Kill” – why the public are turning off retirement advice.


Thanks to the PPI for the second Future Book – Unravelling Workplace Pensions. The 2016 Edition of the PPI’s study on workplace pension is published today. Getting data on the state of workplace pensions has always been tricky. If you … Continue reading

Posted in drawdown, pensions, PPI | Tagged , , , , , , , , , | 6 Comments

Magic beans and “negative capability”


Negative capability describes the capacity of human beings to transcend and revise their contexts. If we dismiss it as “magic beans” we are committed to repeating the mistakes of the past – and- as we all know – that way is madness. Continue reading

Posted in Change, corporate governance, drawdown, Financial Education, happiness, Pension Freedoms | Tagged , , , , , , , , , , , , , , , , , , , , , | 6 Comments

“I will look unto the hills” – for help with my DC pot!


    As the days click by and Outlook starts filling up for April  2015, I ask myself what help is on its way for those without the means for a drawdown SIPP or the inclination to purchase an annuity. … Continue reading

Posted in CDC, drawdown, DWP, pensions | Tagged , , , , , , , | 3 Comments

Labour’s drawdown cap – right idea- wrong execution


Labour is calling for a cap on drawdown charges from April 2015. It is easy to see why. Currently there is a false market for drawdown with many customers paying as much as 4% pa for the management of their … Continue reading

Posted in drawdown, DWP, pensions, Retirement | Tagged , , , , , , , , , , , , , , | 3 Comments

The true cost of pensions; UK vs Netherlands – guest blog from Emma Craig of KAS Bank


  Yesterday the Financial Services Consumer Panel released a paper outlining key issues for long term savers created by opacity in the true cost of investing in pensions. As auto-enrolment of workers into (predominantly) Defined Contribution pensions continues apace the … Continue reading

Posted in CDC, drawdown, DWP, Financial Conduct Authority, Financial Education, First Actuarial, pension playpen | Tagged , , , , , , , , | Leave a comment