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: annuity
Unions – what’s happening with pensions? Neil Walsh explains CDC’s impact on Prospect – 10.30 this morning
This from the Government on “The future of CDC” The initial impetus for CDC has come from a large employer and a major trade union seeking an alternative pension model. But establishing CDC schemes opens the possibility of more diverse … Continue reading
Posted in pensions
Tagged annuity, Business, CDC, corporate governance, Defined benefit pension plan, Employment, Neil Walsh, pension, Pensions, Prospect, Retirement, Targe, TPR
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Tomorrow ; progress from DC to CDC with the unions! Invitation inside!
I’m very pleased that we have Neil Walsh of Prospect at the Pension PlayPen at 10.30 am tomorrow (Tuesday 21st July). We will discuss how unions are getting to grips with CDC as a way forward to what are currently … Continue reading
Posted in pensions
Tagged annuity, Business, CDC, corporate governance, Defined benefit pension plan, Employment, Neil Walsh, pension, Pensions, Prospect, Retirement, TPR
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Come and debate the future of DC with the Prospect union.
We will discuss how unions are getting to grips with CDC as a way forward to what are currently DC workplace pensions. The event is at 10.30 am on Tuesday 21st July. You can get into the meeting on this … Continue reading
Posted in pensions
Tagged annuity, Business, CDC, corporate governance, Defined benefit pension plan, Employment, Neil Walsh, pension, Pensions, Prospect, Retirement, TPR
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How do unions feel about CDC?
What we were used to – no longer available to workers in the private sector Since the collapse of Defined Benefit pensions first for new joiners and soon after for further accrual by those already members, the unions have fallen … Continue reading
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Tagged annuity, Business, CDC, corporate governance, Defined benefit pension plan, Employment, Neil Walsh, pension, Pensions, Prospect, Retirement, TPR
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“Nothing new”on the triple lock is – “big news!
It amazes me that we find the triple lock front page news when we voted in a Government two years ago who clearly said there would be no change in how the state pension this parliament. There are three things … Continue reading
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Tagged annuity, CDC, DB, dc, defaults, private pensions, state pension, triple lock
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Annuities as tax-avoidance for the rich
Standard Life have prompted Alan Livesy to comment on the rise and rise of annuities as a place to invest for the rich. This of course is not a strategic change for the country, it is a tactical move from … Continue reading
If you’re going to buy an annuity – try now
Mark Ormston has this to say With the political crisis’ at home and in the Middle East, can anyone predict the point at which the cost of borrowing stop going up. As the cost of borrowing goes up the cost … Continue reading
Posted in pensions
Tagged annuity, Bond rates, borrowing, Keir Starmer, mark ormston, Ormston
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What matters most to people about the state pension?
The state pension age matters to everyone still to get it. I worked most of my life expecting to receive my state pension when I’d be 65; I’d be a pensioner in 8 months time had that conjecture held true. … Continue reading
Can we AFFORD the flexibility of drawdown and the certainty of an insured annuity?
Not everyone can afford the flexibility of drawdown or a costly annuity. CDC is a better way for ordinary people to get “deferred pay”. We want to make retirement affordable for many more of us. The freedom we were … Continue reading
Posted in pensions
Tagged adequacy, annuity, CDC, Flex and Fix, Retirement CDC, UMES CDC, Whole of Life
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Think Of An Annuity Like A Birthday Cake
Don Ezra has been kind to me over the years and I hope that some of his love of simple things has rubbed off on my blog. This tale explains why an annuity may be the best way of cutting … Continue reading
I did not find this , Torsten's most impressive work (not sure it was his). But it at least remind…