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
Adding life to our years, not just years to our lives.
“What all of us want, as we age, is to add life to our years, rather than just years to life. An extended middle age is not unique to US politicians. It should be available to everyone — and … Continue reading
Posted in advice gap, age wage, pensions
Tagged advice, AgeWage, Camilla Cavendish, pensions, Pentech, Retirement, ruston smith
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It’s not the customers who needs to change – it’s the advice they get.
Just eight per cent of the 2,011 39-54-year olds captured in the nationwide ‘Generation X Retirement Prospects’ study commissioned by pensions specialist fintech company Dunstan Thomas, have consulted an Independent Financial Adviser in the last 12 months. These findings … Continue reading
Posted in advice gap, pensions
Tagged advice, advisor, Dunstan Thomas, inheritance, pensions
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Pathways? – We can’t see the wood for the trees.
Investment pathways Investment or retirement pathways- as the title of an event I went to had it, are the FCA’s idea for helping people take better decisions at retirement than they do today. They’re mainly for the people who … Continue reading
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
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
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
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
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
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
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
Posted in advice gap, age wage, pensions
Tagged advice, AgeWage, financial advice, IGC, pensions, Value for Money, VFM
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I did not find this , Torsten's most impressive work (not sure it was his). But it at least remind…