Extending time horizons can ease short-term funding pressure, but it shifts risk toward younger members. Reform should make those intergenerational…
I've just come across this letter from Smithers, covering DB pensions in general and the USS in particular. https://smithers.co.uk/extending-the-liabilities-time-horizon-is-key-to-pensions-reform/
Great. A chance to nit-pick something from Steve Webb. The Married Woman’s Option finished in 1977, not 1978. SERPS was…
I was told by the Pensions Service, that if I divorced my husband before I retired, I would get a…
Category Archives: Financial Education
PlayPen votes for target date funds in action-packed lunch
In one of the noisiest and most passionate lunches we’ve ever had the playpen voted 15-7-3 for TDFs vLifestyle with 3 spoilt votes from the “we don’t do default” gang. This was a lunch where we were pretty well split between … Continue reading
Posted in auto-enrolment, de-risking, Financial Education, pension playpen, pensions
Tagged Asset allocation, Aviva, Lifestyle, Mutual fund, pension, Target date fund, TDF, Watson
4 Comments
“Stick or twist” for the lifecos.
It is hard for the insurers to twist because they think the dealer’s against them. Continue reading
Posted in annuity, auto-enrolment, customer service, David Pitt-Watson, dc pensions, EU Solvency II, Financial Education, Henry Tapper blog, pension playpen, pensions, Personality, Popcorn Pensions, Retail Distribution Review, Retirement, social media
Tagged Aviva, BlackRock, David Pitt-Watson, House of Fraser, John, Legal & General, National Employment Savings Trust, Standard Life
21 Comments
Taxpayer subsidy for public service pensions to double over 6 years
This is an article from Michael Johnson. I agree with the numbers but I’m not so sure about the sentiment that lies behind it. As a nation we can afford anything if we chose to prioritise the spending and we … Continue reading
Paying as you earn; the best way to save
Monday will see the start of the benefits changes that will climax in the full introduction of the Universal Credit in a year’s time. This is not an article about these changes. But it takes it kicks off from a brilliant … Continue reading
Posted in Change, dc pensions, Financial Education, Martin Lewis, Payroll, pension playpen, pensions, St Paul's, Trades Union Congress, wonga
Tagged Citizens Advice Bureau, Council Tax, Department for Communities and Local Government, Direct debit, Joseph Rowntree Foundation, Payroll, Tax, Universal Credit
19 Comments
Interesting….spin is self-defeating
every time we say one thing and mean another, we are creating distrust in the person who we are talking or writing to Continue reading
In the customer’s shoes; Dan Norman on our fund fiduciaries.
those charged with fiduciary responsibilities, including the managers themselves must, as Dan puts it “put themselves in their customers shoes” and start treating them fairly, Continue reading
Posted in actuaries, auto-enrolment, corporate governance, David Pitt-Watson, dc pensions, de-risking, Financial Education, First Actuarial, pension playpen, pensions
Tagged Asset management, Dan Norman, Funds, Gregg McClymont, Individual Savings Account, Investment management, Mutual fund fees and expenses
4 Comments
When pensions de-mutualise
When you take the mutuality out of pensions , you take good pensions out of mutuals. Continue reading
Tomorrow’s problems today..the OFT on pensions
Answers on an e-postcard to http://www.oft.gov.uk/OFTwork/markets-work/pensions Continue reading
Cobblers shoes – how an adviser selects a pension for its staff
If we can find a pension provider that knows what “good” is, I will be pleased. But I worry whether that may be as much a challenge for us. Continue reading
When taxation is retroactive it will change behaviour. Be careful with envy focused legislation promote real solutions to British poor…