Tag Archives: AgeWage

VFM – more meat less bull

The most pressing matter on the pension policy agenda (and we should expect a consultation on this in the next two weeks) is clarification on the DWP’s Value for Money agenda. The consultation may be long but it must address … Continue reading

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No crocodile tears over falling contributions – please!

In a lachrymose display of virtue signalling, the PMI reports that many employees are either reducing contributions to workplace pensions or thinking of doing so. This is neither surprising or regrettable, people need to take pension holidays from time to … Continue reading

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What are the barriers to providing a pension dashboard service?

    The organisation behind a pension dashboard (officially a Pension Dashboard Service firm or PDS) is usually considered to be a bank or insurer. The dashboard itself is conceived as a loss-leader designed to get trust – its a … Continue reading

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August 1st – CDC day!

The 1st August is the day applications open for a new type of UK pension – what pension people know as CDC (though in regulation it is collective money purchase). It’s been a long time in the making, but today … Continue reading

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A way to manage pension freedom – from a land down under.

FCA and TPR. Please read below a post from an Australian actuary called Jim Hennington. It describes the regulatory requirements placed on providers of retirement income in Australia. I have only inserted links, to help readers not familiar with terms … Continue reading

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How can CDC Decumulation provide inflation protection? – Con Keating

This blog from Con Keating is technical and designed to help the DWP ,tPR and others , when thinking about how to encourage inflation protection in the pathways on offer to savers in retirement.  Member options for retirement income Introduction … Continue reading

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DWP renews its efforts to increase pension credit

  It’s good to see the DWP responding to the cost of living crisis in a way that targets pensioner poverty The DWP plan their campaigns weeks, if not months ahead of launch , so this campaign happily coincides with … Continue reading

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Value for Money

When I went to see the Pensions Minister earlier this week, I had three problems and three ideas My first problem was that we had no fix for the feeble participation rates for pension credits, I’ve written about the solution … Continue reading

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CDC – time to ask the audience?

  When you bring a new product to market, you first test whether there is a gap into which it can fit. If nothing else, the FCA’s Retirement Income Study is showing that there is space in the market for … Continue reading

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Age-friendly pensions – finding and paying excluded pensioners.

Hardly a matter for public discussion One of the the most haunting aspects of living in the City of London is the number of people alone on the streets. Life expectancy for people who become homeless falls dramatically as they … Continue reading

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