Tag Archives: AgeWage

The cost of turning pot to pension

  I’m pleased to hear that Scottish Widows are planning to open their standard annuity product to the open market (previously only Scottish Widows customers could access this product). Their marketing people tell us It will be available directly from … Continue reading

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What price certainty? (Boring blog on annuities and drawdown)

In financial matters, certainty comes at a price. Is it a price that I’m prepared to pay? I’ve been putting myself in the shoes of a friend who is around the same age as me (57) and is hoping to … Continue reading

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Just who’s accountable for how our pension savings do?

There’s been a lot this week on social media about blame. Perhaps the most pertinent criticism of accountability in pensions came from an IFA. Which you then won’t satisfy because they’ll have no idea how they’ve done they’ll just have … Continue reading

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How disruptors are reverted to mean

  I’ve been building up momentum for the idea behind AgeWage for about a year now. So far we have raised £500,000 through a crowd-funded EIS scheme, built an algorithm, created a new pensions index with Morningstar and incited sufficient … Continue reading

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“Fifty shades of nay” – how hard should it be to get digital access to your data?

Providers are always finding new ways to stop AgeWage getting the data authorised us by letters of authority (LOA). Even when an individual signs an LOA – and the insurer is legally required to act on it – the struggle … Continue reading

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Lipstick on a pig – the sorry state of “robo-advice”

On 11th  and 17th of September, those turning up for the FT Adviser Financial Advice Forum in London and Birmingham respectively, will be entertained by a panel session. The conference promised to bring  the views of industry and regulatory experts … Continue reading

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It’s not pensions that are scary – it’s “search”!

I’ve been quoted in @OscarWGrut‘s latest investigation on how Google is STILL allowing high-risk bonds to be flogged in searches for savings deals, despite recent scandals. It’s time for Google to take its duty of care to consumers seriously. Read … Continue reading

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Navigating pension’s Straits of Hormuz

We met last night in a crowded room in Moorgate WeWork. We were an eclectic mix of pensions directors, chairs of trustees , annuity experts Retirement Line,  Ruston Smith, Vincent Franklin and me. You can see the slides here Unfortunately … Continue reading

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RBS – thank you very much

Yes you did read a positive headline about RBS and no- it was not written tongue in cheek On Friday last, AgeWage received 62,000 contribution files from RBS’ pension administrator which will allow us to test the algorithm we are … Continue reading

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Mr Field – you want a common measure for value for money? I’ve got one!

In the Work and Pension Select Committee’s report on pension transparency, one demand has caught the imagination of the pension community You can read Kim Kaveh’s excellent article here. Professional Pensions ran the question on its Pension Buzz survey and … Continue reading

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