Tag Archives: Bank of England

Why consumers need better choices; (explaining CDC to a merchant banker)

We need to find new ways to explain CDC to a wider audience – even merchant bankers! Continue reading

Posted in CDC, pensions | Tagged , , , , , | 7 Comments

Mark Carney v Barononess Altmann

In the Bank’s corner – Mark Carney In the Saver’s corner – Baroness Altmann Monetary policy is not helping ordinary people and low rates may be doing more harm than good Ordinary savers are being hung out to dry and … Continue reading

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Rebuilding the social capital of pensions.

    I’ve been reading Andy Haldane’s recent speech and kick off with this one statement among many good insights. “A plausible objective of public policy..is not to maximise trust among consumers of financial services but to maximise trustworthiness among its … Continue reading

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Crushed by falling bond yields – great guest blog by Ralph Frank

Mainstream assessments of the state of investment markets tend to focus on the equity market.  The level of the FTSE 100, S&P 500, Dow and/or Nikkei is deemed to be an indicator of the health of savers’ investment portfolios and/or … Continue reading

Posted in actuaries, Bankers, CDC, defined aspiration | Tagged , , , , , , , , , , | 4 Comments

People seeking safety at any price?

  I was annoyed to listen to one of the Bank of England’s Chief Economists Andy Haldane tell the BBC’s Robert Peston that people were seeking safety at any price. Passing the buck on to the “cautious consumer” may play … Continue reading

Posted in actuaries, advice gap, Bankers, Mark Carney, pensions, Politics, Retirement, reward | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Heavyweight support for CDC – the Dutchmen strike back!

I sit and watch; – like 1.2m other employers, I just want to see the money I pay into a workplace pension generate the best outcomes it can. Continue reading

Posted in actuaries, advice gap, auto-enrolment, CDC, David Pitt-Watson, NEST, pensions, Retirement, workplace pensions | Tagged , , , , , , , | 7 Comments

Playpen guru says its all our fault

In an astonishing outburst at today Play Pen London lunch, pedagogue David Hargreaves bit the hand that fed and claimed that the predicament at retirement was down to the financial services industry. Hargreaves, an actuary who trades as the pension … Continue reading

Posted in annuity, auto-enrolment, de-risking, defined aspiration, pension playpen, pensions, St Paul's | Tagged , , , , , , , | 4 Comments

Le Pension Crisis est Arrivé

Image via Wikipedia PWC report today that the value of DC pension pots has fallen by 30% in the last three years. This Telegraph article gives the grim details. This is not a paper loss which can be reversed if markets recover, … Continue reading

Posted in annuity, corporate governance, customer service, dc pensions, de-risking, Fiduciary Management, NEST, OECD, pension playpen, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | 7 Comments