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
Are pension funders turning against insured annuities?
This time last year I was reading about 2024 being a bumper year for buy-ins and buy-outs. The link’s to an excellent WTW report which is partially a marketing document for the months to come. It was published in … Continue reading
“Isn’t a pension a way to make older age fun?”. I was told by neurologists to avoid this question!
When in Kings College Hospital I cornered myself into thinking what I was actually doing for a job, I was remanded by my nurses and wider support team to not think about “pensions” but consider that in due course , … Continue reading
Outside the trains don’t run on time
It was a joy to host a meeting yesterday of some 60 colleagues with a common interest in meeting the needs of ordinary people who want a pension from their workplace pension. We heard for openers from Guy Opperman and … Continue reading
Posted in pensions
Tagged Andy Haldane, annuity, Edi Truell, Guy Opperman, Margaret Snowdon, Pension Superhaven, Pensions
1 Comment
Small pensions and annuities – how low can we go?
Unlike UK retirement savings, the Australian superannuation system includes automatic consolidation of savings pot. Most people do not have the small pot problem that besets many of us in the UK. So I was surprised that there is a heated … Continue reading
Bonkers headline of the year!
I read Corporate Adviser and have a great deal of time for its staff. I have a great deal of time for Standard Life. But if Standard Life and Corporate Adviser are to convince me that “people’s ideal retirement savings” … Continue reading
Posted in pensions
Tagged annuity, auto enrolment, Defined benefit pension plan, Employment, pension, Pension new
1 Comment
Through individual freedom or collective endeavour – how will we choose to spend our pensions?
It will be an interesting week. On Tuesday, our Pension PlayPen group will be discussing “innovation in decumulation”, a title that hardly has the common touch. For those who have a pension pot and want to spend it, there is … Continue reading
Posted in pensions
Tagged annuity, Business, CDC, pension, Pension new, pension playpen, Pensions, Retirement
1 Comment
Why do people accept a lifetime pay cut when buying an annuity (or pension)?
The individual facing retirement faces the daunting choices of investment pathways taking them to various destinations , none of which are “obvious choices”. About one in ten people who have the freedom to take these pathways chooses an annuity. … Continue reading
Why DON’T people BUY annuities then?
I’m not above giving two plugs to my good friends, David Orford, Jim Hennington and Peter Rowe’s new book. That Q code works and I’ve bought the book, Unlike Australia, the UK does have an annuity culture. The state annuity … Continue reading
Tory’s phoney pension promise exposed by LCP
This article appears in i this morning and is written by Deputy Money Editor Callum Mason. I subscribe to i and suggest you do too – by pressing this link. More than one in five pensioners would still pay tax … Continue reading
Posted in pensions
Tagged annuity, National Employment Savings Trust, pension, Pensions, politics, Steve Webb, triple-lock plus
6 Comments
Tax-free cash is pension liberation – and more trouble than it’s worth
Experts warned it wouldn’t end well and it hasn’t. Jo Cumbo and the FT have been speaking to senior wealth managers who find clients betwixt and between when maximising the tax-free lump sum they can draw from their pension pots. … Continue reading
Posted in pensions
Tagged annuity, CDC, DWP, Pension Liberation, Pensions, Retirement, tax free cash
2 Comments
I did not find this , Torsten's most impressive work (not sure it was his). But it at least remind…