Thanks. "The crucial difference, however, is that the ISA withdrawal is not a loan." As the two article links confirm,…
www.nber.org/system/files/working_papers/w32828/w32828.pdf While there is good evidence for automatic escalation in the US, it is not as powerful as its advocates…
"To what extent do minimum AE contributions need to increase? It would be good if everyone had contributions into DC…
Except they’re not saving into a pension, Minister unless we convert all those pots to CDC and give them what…
Tag Archives: advice
Would you act the car finance salesman – and advise at SJP?
Choose a discretionary charging structure that harmed the client’s finances to pay my adviser more money – no thank you! I’ll wait till the end of the month to transact, I’m sure I would, but I’m not sure I’d invest … Continue reading
How did the “Pension Security Alliance” get away with it at the Times?
Here are extracts from a Times article quoting a new group opposing proposed changes in the Pension Investment Review. The same article appears in the Daily Express, Business Matters, Pension Age Actuarial Post and many others. There may be a … Continue reading
Plenty of support, but should we need it to get our pensions paid?
What’s helping people to take decisions is problematic, the question we should be asking “what’s helping people to take the right decision”. In an earlier blog in this series looking at the FCA Financial Lives 2024 survey, it became clear … Continue reading
Advising folk about money as they retire?
I have a request from a major newspaper as to what I’d say to someone at retirement. Her questions are in bold , my answers are in blue. I don’t think my responses are precise enough. I’m sure that Steve … Continue reading
Is People’s now a “fully agile internal manager” of our savings?
Toby Nangle is a good guy, he comes from the investment community and he’s trying to turn People’s Partnership and other savings organisations into the kind of investment houses that make for happy Chancellors. This report is from Pension Age … Continue reading
Posted in advice gap, auto-enrolment, pensions
Tagged advice, annuity, Business, Business and Economy, Investment, NEST, Pension new, Pensions, Tax
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Kensington’s pension scheme to fund Grenfell relief
The Grenfell tower still stands burnt out on Kensington’s deprived boundaries. Yesterday it was announced that the tower would be pulled down. A more important to those who live with family and friends dead from the incident is that there … Continue reading
Posted in pensions
Tagged advice, Business, Business and Economy, corporate governance, corporate risk, Defined benefit pension plan, LGPS
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The power of what we are.
It is a shame that while we are trying to find ways to grow our economy thinking long-term (pension funded) we are fearing short term tariffs from the USA as if our financial futures depended on the whims of a … Continue reading
Posted in pensions
Tagged advice, Government, Insurance, pension, politics, social media, Treasury
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Surpluses are ephemeral, beating targets should be fundamental
The surplus issue , like Mansion House speeches, does not open doors in the way that Pension Freedoms did to the retail “pension” market. I put pension in italics because George Osborne released retirement savings from the last link to … Continue reading
Posted in pensions
Tagged advice, annuity, Business, Business and Economy, Con Keating, Insurance, Pensions
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Ten years on and the DB to DC transfer turns sour.
In 2016 I started writing about transferring pensions to wealth management firms including old fashioned personal pensions but mainly self invested personal pensions. There were some smart people arguing that taking a transfer value back then was good news personally … Continue reading
Posted in pensions
Tagged advice, annuity, BSPS, dc pensions, Financial services, LCP, pension, Pensions, Steve Webb, Tax, Transfer
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One thing got my goat on this. “Redirecting DB assets to DC”….
My email’s contain a number of interesting missives. Here’s one I will post anony-mouse -ly. The mailer will probably be cross with me for compromising him/her – if you were at the said event, maybe you remember! I wasn’t. One … Continue reading
Posted in pensions
Tagged advice, Business and Economy, dc pensions, Government, Insurance, pension, Pensions, politics, Retirement
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I did not find this , Torsten's most impressive work (not sure it was his). But it at least remind…