You usually need 35 qualifying years of National Insurance contributions to get the full State Pension in the UK. If…
In the states, certain retirement savings programs have unique "catch-up" provisions - where those whose income varies from year to…
NEST’s Guided Retirement Fund in the UK gets part of the way there by separating money according to its intended…
"As usual with The Times, this is a briefing about England & Wales only." I'm so old that I can…
Tag Archives: Actuarial science
Tiny steps towards better DC outcomes- #CASummit14
Having spent 36 hours in the company of Life Co “strategists” and their counterparts in the IFA and EBC communities, I can now try and make sense of where “heads are at”. The mood has changed. Two years ago, the … Continue reading
Posted in advice gap, annuity, auto-enrolment, dc pensions, pensions, Retirement
Tagged Actuarial science, Business, CDC, corporate governance, dc pensions, Employment, FCA, governance, IGC, Insurance, Insurer, National Employment Savings Trust, Pension new, pension playpen, Provider, Retirement, Tiny steps, workplace pension
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What’s that coming over the hill…? NAPF CDC DEBATE #Fail
The NAPF CDC Debate The debate on how we organise our retirement incomes from our pension savings was not progressed at the NAPF’s CDC focussed pension connections meeting last night. A half filled room witnessing a debate between two “Pale … Continue reading
Posted in actuaries
Tagged Actuarial science, annuity, Business, CDC, corporate governance, corporate risk, dc pensions, Defined benefit pension plan, DWP, Employment, fail, Financial services, Guidance, Hamish Wilson, IGC, John Ralfe, MAS, NAPF, National Employment Savings Trust, NEST, pension, Pension new, pension playpen, pensions, Retirement, Steve Webb, TPAS, trustee
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How much should I spend on retirement?
People get frightened by this question – they shouldn’t! The simple answer is that we all pay into a national pension scheme through national insurance and you can find out what you’re likely to get from the State we completing … Continue reading
Posted in Blogging, Debt, journalism, Payroll, pension playpen, pensions, Pensions Regulator
Tagged Actuarial science, Afford, annuity, Contribute, corporate risk, dc pensions, de-risking, Defined benefit pension plan, DWP, Employment, Pay, pension, Pension new, pension playpen, Pension Poverty, pensions, Public Sector Pensions, Retirement, Save, Spend
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Auto-enrolment – matching payrolls to pensions.
The big payroll/pension issue There are, according to one payroll software development we have spoken to, 42 separate interfaces between payroll and HR and the various workplace pension providers. Not all payrolls are prepared to build processes to accommodate each … Continue reading
Posted in dc pensions, Payroll, pensions, Pensions Regulator
Tagged Actuarial science, AMC, auto enrolment, corporate governance, corporate risk
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I was so much older then (I’m younger than that now)
Thank goodness for kids- kid journalists for a start. There is a gang on young journos who actually give a damn about the pensions they are in and are prepared to engage and educate themselves about what makes for a … Continue reading
Why Face to Face Guidance may be impossible.
I didn’t know what to expect from the Life Planning Association, whose meeting I attended on Wednesday as a guest of Wladek Koch. What I got was an insight that makes sense of why I believe Face to Face … Continue reading
Ten mistakes CDC cannot repeat.
CDC (Target Pensions Plans) look likely to happen If, as now seems likely, we get the easements in a Pensions Bill to run collective DC schemes then the pressure will turn on those (like me) who have lobbied for change– … Continue reading
Posted in advice gap, auto-enrolment, David Pitt-Watson, dc pensions, pension playpen, pensions
Tagged Actuarial science, corporate governance, corporate risk, dc pensions, Financial services, Government, National Employment Savings Trust, pension, Pension Regulator, pensions, Politics, Steve Webb
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“Something will turn up” – the Pensions PlayPen Lunch 12th May
Something usually turns up at a Pension PlayPen lunch. At yesterday’s lunch I had to wait till injury time to get my Eureka moment and it came from a first time luncher – Chris Radford. Chris’ contention was that when … Continue reading
Putting financial bloggers in their place
Yesterday was interesting. I was shortlisted for Pensions Personality of the year – thanks to all who voted Pension Play Pen was shortlisted for technology solutions provider of the year – please vote here Another media awards event , the ABI … Continue reading
Posted in advice gap, Blogging, journalism, Martin Lewis
Tagged ABI, Actuarial science, annuity, blogging, Business, Business and Economy, de-risking, Financial services, Government, journalism, NAPF, National Employment Savings Trust, pension, Pension new, pension playpen, pensions, Retirement
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People aren’t stupid- our products are!
I’m taking this comment out of comment so I won’t mention it’s source- it appears on a pensions website and is made by a leading actuary. Our challenge is to find a way to redress the balance and help them … Continue reading
Posted in annuity, Financial Education, First Actuarial, pensions
Tagged Actuarial science, annuity, Business, Defined benefit pension plan, DWP, Financial services, Investing, Investment, Investment management, Life annuity, National Employment Savings Trust, pension, Pension new, Retirement, social media
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Agreed!