Category Archives: drawdown

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

“To meet the needs of those in the middle” – what pension consultancy should be about!


The Advert On Tuesday I am sitting on a panel with good friends; Otto Thoresen, author of the Thoresen report; Mathew Arends, Partner at Aon Hewitt, Duncan Buchanan president of the Society of Pension Consultants. The session will be chaired … Continue reading

Posted in actuaries, advice gap, auto-enrolment, dc pensions, defined ambition, drawdown, Payroll, pension playpen, pensions, Retirement | Tagged , , , , , , , , , , , | 4 Comments

“We are as concerned as we can afford to be”


The DWP has now presented the draft bill that will enable Defined Ambition pensions to be set up, probably from this time in 2016.  While lawyers pour over the clauses, it’s worth considering the responses the Government received to the ideas … Continue reading

Posted in David Pitt-Watson, dc pensions, defined ambition, defined aspiration, drawdown, pensions, Pensions Regulator, Public sector pensions | Tagged , , , , , , , , , , , , , , , | Leave a comment