Category Archives: pensions

WASPI women get Trussed up (SPA 3.1)

So far we’ve heard very little from Liz Truss on pensions, That changed last night when she was confronted by a WASPI woman asking if she would be getting “retribution” – I think she meant “restitution”. Liz Truss said she … Continue reading

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USS Pensions: Time for Agreement ; Michael Bromwich

The 2020 valuation of this Scheme with a deficit of £14bn led to sweeping cuts in benefits and a substantial strengthening of the financial backing (additional covenant support) provided by employers to the revised Scheme which commenced on 1 April … Continue reading

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HMT should bring forward compensation for net pay fiasco.

In this article , I argue that all those identified by RTI as being short-changed by the net pay anomaly, should have an immediate payment in 2022 , based on current financial loss. Those affected are likely to suffer most … Continue reading

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Stretched and leaderless – “pensions” lurch into another crisis

This sums up how I feel as we approach the end of the week…. pic.twitter.com/6mTf90oxty — Angela Brooks (@ANGIEBROOKS11) August 11, 2022 Do you remember back to January/ February 202? We’d all had another great year in 2019 and we … Continue reading

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Ros Altmann – “are small pension pots really for your 80s and 90’s?”

I am totally with Andrew. A pension is not spending money for your 50s or 60s, it’s there for your 80s or 90s. Unless you are seriously unwell of course and not expecting to need it later. Those under 55 … Continue reading

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Spending your pension pot should not be a guilt trip;- it should make you happy!

Poor old Andrew Tully of Canada Life, what a terrible job he has – trotting out the ABI party line on behalf of Canada Life – Andrew- you are the kindest and most decent of chaps, but you make no … Continue reading

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Millions may have small pots, but thank God they have!

Occam Investing – thanks! Occam Investing is a blog I thoroughly recommend. Its author is anonymous but  highly qualified, meticulous in the presentation of his/her work and the narrative is relaxed, personal and pitched at those (like me) with little … Continue reading

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Con Keating and Iain Clacher appalled by DWP’s proposed Funding Regulations

This is the first in a series of blogs covering our responses to the questions posed in the Funding Regulations consultation paper, which closes on October 17, 2022. As there are 25 questions and we wish to keep our blogs … Continue reading

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Cost of living, pensions and some difficulties

This blog was published yesterday by Gareth Morgan and goes into some detail on how inflation impacts benefits for pensioners, It also addresses the  complex issues of “deprivation” when drawing down  small pension pots prior to state pension age. In … Continue reading

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Time for a cost of living strategy from pension providers

  Pension providers, insurers and advisers each need a cost of living strategy for those they serve. It is worrying , that pension providers are making a fuss over the ESG credentials of their funds but not worrying over the … Continue reading

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