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Tag Archives: advice
Some home-truths about our pensions.
When asked “have you got a pension”, most people now say yes. That’s because most people (not all) who are in workplace pensions see the amount paid into a savings account as a payroll deduction that says “pension”. There are … Continue reading
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Posted in advice gap, age wage, pensions
Tagged advice, AgeWage, CDC, DWP, pensions, Retirement, Treasury
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SABS in the back – the minister’s last hurrah!
Simpler annual pension statements (SABS) got a well-needed boost this morning when the DWP launched a consultation into their adoption. This looks like being just about the latest Government consultation of this parliament and it could be the swan-song for … Continue reading
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Are IFAs missing the wood for the trees?
A thread , which is now nearly a week old, has over 1000 posts on it and it focusses exclusively on the tax problems doctors are having resulting from the tension from too much pension . That is, till the … Continue reading
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Posted in advice gap, NHS, Pension Freedoms, pensions
Tagged AA taper, advice, Guidance, IFA, NHS, pensions, Taper
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IFAs must explore other advisory models to survive and prosper.
Martin Bamford is precisely the spokesperson financial advisers need. He bridges the gap between the worlds people like me and Clive Waller grew up in, a world where “get rich quick” was the primary driver, to a different one, one … Continue reading
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Posted in advice gap, Blogging, pensions
Tagged advice, advice gap, Guidance, IFA, pensions
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Are the nuts and bolts of our workplace pensions coming loose?
In September 2018, the Financial Times reported on PensionSync research Millions of pounds of tax relief has been overpaid to workplace pension savers in the UK following errors made by tens of thousands of employers. Regulators conceded this week … Continue reading
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Posted in advice gap, age wage, pensions
Tagged advice, nuts and boults, pensions, workplace Pensions
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Buy and Suppress the pensions dashboard
I designed, launched and sold the first – and still only – Norwegian pension dashboard some 15 yrs ago. “norskpensjon.no” is the pension dashboard service that the Norwegian pension providers, after we gained traction with it, insisted that they should … Continue reading
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Posted in Dashboard, pensions
Tagged advice, Asmund Paulsen, Dashboard, internet, Pension Dashboard, pensions, Technology
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Can pension ratings be “too simple”?
To my mind , the only meaningful way that someone using a workplace or personal pension can test for value for money is by comparing the money they put in with the value they get out. This is known … Continue reading
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Posted in advice gap, age wage, pensions
Tagged advice, AgeWage, financial advice, IGC, pensions, Value for Money, VFM
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IGC reports 2019; what should we be looking for?
For those who don’t follow this blog, I’ve been reviewing IGC reports since 2015/16 and intend to do so again this year. There is very little accountability on the IGCs. Though IGCs were set up to put right … Continue reading
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NHS pensions are damaging the NHS – a doctor writes
This article is by Dr Nitin Arora I asked to publish it as I have followed his work on twitter to help pension professionals understand the current problems facing members of the NHS pension scheme. As I have … Continue reading
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Why do people take pension choices that make them sad?
I’ve been reading a short report by Demos for Legal and General. L&G provide annuities and want to understand the fall in the numbers of annuities purchased. The retirement riddle is that the choices people are taken since the pension … Continue reading
