Category Archives: pensions

Pension Dashboards – data assured – privacy assured

I attended a meeting for potential pension dashboard providers yesterday. I sensed a new confidence among the PDP team, especially from boss Chris Curry. For the first time I believed that the dashboards was going to happen and that when … Continue reading

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People’s income needs in retirement don’t fall away with age (IFS)

Thanks to David Sturrock, Carl Emmerson and Carolyn Jones for their comments on the IFS’ excellent research  funded by IRS Savings consortium, which includes the ABI ACA, Canada Life, IA, MaPS, PLSA Particular thanks to Heidi Karjalainen who together with … Continue reading

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The biggest losers of a market crash aren’t in the market.

Running around the Barbican last night I was listening to a Crowdcast on how you value shares and trying to work out how a whole stock market can be down 4% in a day. The weather was clement, there was … Continue reading

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All pensions have the same Duty to their Consumers – to provide Value for Money.

  The Government struggles to find an overarching measure that defines “consumer protection”. Trust law says that trustees have a duty of care towards beneficiaries of a trust, historically consumers with policies regulated by the FCA were told that the … Continue reading

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Where were you in 1982?

Where were you in 1982? Some readers will not have been conceived, most will have memories, mine are of my second year at university, punting on the Cam, breaking into May Balls – my grant covered just about everything. The … Continue reading

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FCA considers greater push to non-advised services

  The Financial Conduct Authority wants to encourage more consumers to invest through non-advised services in what it terms “a guided sales model”. There are rumours this could feature in the Queens Speech. It has been discussing the potential development … Continue reading

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Cumbo calls into question pension transparency.

Case study – the pertinent question on DB funding. For this story, I spoke to an 86yr-old who worries everyday about how his wife, 9 yrs younger, will cope financially if he dies before her. He receives NO inflation rises … Continue reading

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Pension indexation for DB schemes (intact or in the PPF)

The FT has picked up on the “missing” indexation on defined benefits earned before April 1997. These aren’t being paid to 83,000 members of the PPF but nor are they being paid to the members of many occupational DB schemes … Continue reading

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Fear Of Running Out (FORO)

  We hoard against the bad times. We have only recently cleared out a cupboard of dried stuff that we bought in march 2020. We used the toilet paper eventually. A GoCompare survey found that the 6th most common fear … Continue reading

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People have better things to worry about than pension charges

People’s Pensions report that more people are worried about the costs of their mortgages and bank accounts than their pensions. There are good reasons for this. People pay bank and mortgage charges today, pension charges are paid out of the … Continue reading

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