Scheme actuaries use a nominal gilt yield curve, which they assert directly matches the currency and inflation exposure of those…
"prefers to compare the returns with a liability proxy (a mixture of gilt maturities)" Are those Index-Linked gilts, given that…
I agree the major problem with DC is that it has been designed as a savings plan not to provide…
Oh, and I think this confusion leading to DB being viewed as a pot by members is an unintended consequence…
Tag Archives: advice
NEST – an explanation please!
Yesterday I jokingly referred to the Pension Regulator as the Pension Troublemaker. Its announcement yesterday of a “Directory” of two spells trouble for master trusts who are not on their way to getting the Master Trust Assurance Framework (RRP £15-100K … Continue reading
Why I’m backing the master trust assurance framework
Back in May 2014, the Pension Regulator launched on an unsuspecting world the ICAEW’s Technical Release “Assurance reporting on master trusts”. At the time I was dismissive of this document and the Master Trust Assurance Framework (MAF). Write in haste , … Continue reading
Posted in auto-enrolment, pensions, Pensions Regulator, Retirement
Tagged advice, annuity, auto enrolment, Business, DWP, Employment, FofAE, governance, ICAEW, master trust, master trusts, National Employment Savings Trust, pension, Pension new, pension playpen, Pension Regulator, pensions, Public Sector Pensions, Retirement, TPR, workplace Pensions
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Lassitude or laxitude – 100 days of pension freedoms
“Lassitude” or “Laxitude” – what’s your judgement on how we’re carrying on? Or is this all just fine? Lassitude is a “proper” word that describes a lazy behaviour resulting from world weariness, laxitude is a made up word that describes … Continue reading
Posted in CDC, pensions, Popcorn Pensions
Tagged advice, annuity, Business, CDC, dc pensions, Employment, income drawdown, Investment management, lassitude, laxitude, old, pension, Pension Freedoms, Pension new, pension playpen, pensions, Retirement, retirement savings, Saving, spending, young
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When the dust settles…
For the second time in two years, George Osborne has produced a budget that will radically change the way we thing about retirement saving. If 2014 was the year we re-thought the way we spent our retirement spending, 2015 asks … Continue reading
Posted in auto-enrolment, Payroll, Pension Freedoms, pension playpen, Public sector pensions
Tagged advice, annuity, auto enrolment, Business, corporate governance, dc pensions, Financial services, George Osborne, Government, Michael Johnson, pension, Pension new, pension playpen, pensions, redistribution, Retirement, retirement income, retirement saving, retirement savings, SIPPS, state pension, Tax, tax incentives, The Treasury, Treasury, Triple-Lock
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Source Pensions – a tough lesson for auto-enrolment.
Over the weekend , the Telegraph published a story about Source Pensions . In the article it correctly claims that many pension savers have been automatically enrolled into illegal schemes. Source Pensions admit this is “regrettable”, I agree, You can read … Continue reading
How interoperable are you?
One of the Friends of Auto-Enrolment’s groups is called the interoperability task-force. I think Andy Agethangelou makes these names up so his name seems short by comparison. “Interoperability” is a concept I haven’t come across before, but like a lot … Continue reading
Posted in auto-enrolment
Tagged advice, Andy Agethangelou, auto enrolment, dc pensions, DWP, Employment, FofAE, Friends of Auto-Enrolment, interoperability, interoperable, National Employment Savings Trust, NEST, pension, Pension new, pension playpen, Pension Regulator, pensions, Retirement, the Friends of Auto-Enrolment
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Why due diligence is soooooooo important!
Yesterday I wrote about pension charges and the difference between poor practice and malpractice . At some point the value for money swing-ometre tips into rip-off territory and it’s almost always when those managing its costs of a scheme, stop acting … Continue reading
Posted in accountants, auto-enrolment, pensions
Tagged advice, auto enrolment, Business, Business and Economy, corporate governance, corporate risk, dc pensions, due diligence, Employment, Financial services, first actuarial, occupational pension schemes, penions, pension, pension playpen, pension scheme, pension schemes
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GARs – a simpler way out for insurers…
This blog offers insurers a simple way out of the problem they have with Guaranteed Annuity Rates- it means paying the reserved for value of the policy rather than the (lower) investment value of the contributions. By way of explanation.. … Continue reading
Posted in annuity, EU Solvency II, investment, London, Pension Freedoms, pension playpen, pensions, Pensions Regulator
Tagged advice, Annuity Rates, defined benefit, Equitable Life Assurance Society, Equity, Guaranteed Annuity Rates, Ros Altmann, Royal London, The Equitable, Transfer values
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Domo arigato Mr Roboto (guest blog from Ralph Frank)
The topic of ‘robo advice’ is becoming increasingly active in financial circles. There is no agreed definition of what robo advice, or ‘robo’ for short, is though. For some, robo is simply an on-line or app-based interface for communicating generic … Continue reading
I smell a (pensions) rat – what can I do?
An advert appeared yesterday on the Pension Play Pen Linked In Group.. If you’re in our Group, you can see it here The organisation – Save My Pension is offering a “route to market” with the message from its Director Danny Smith … Continue reading
Posted in pensions
Tagged advice, alternative investment, Employment, Financial services, Fraud, Gallium, Guidance, Investing, Investment, Investment management, liberation, occupational pension scheme, Pension Liberation, pension playpen, Pension Regulator, pension scheme, Retirement, route to market, Scam
21 Comments
Thanks for your reply. I hope it does successfully "embed both the real rate and expected inflation in one number".…