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: Business and Economy
Will CDC challenge DC workplace as the employer’s choice?
I read with great interest the Professional Pensions “Buzz ” results that asked this question and found a different result that I would have expected this time last year! Continue reading
Posted in pensions
Tagged annuity, Business, Business and Economy, CDC, DC master trusts, Pensions, R-CDC, Retirement, TPR, workplace Pensions
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“My pension offer” – explaining CDC to a confused sceptic 12 years ago!
This is a blog I published 12 years ago on 28th September 2014. It is now 12 years old and shows that the debate has been broadly the same for some time! Continue reading
Posted in advice gap, auto-enrolment, CDC, pensions, with-profits, workplace pensions
Tagged annuities, Business, Business and Economy, CDC, collective, DC Defined Contributions, Defined benefit pension plan, Drawdown, DWP, Employment, Financial services, flexible drawdown, Flumps, Government, Human Resources, Insurance, NEST, pension, Pension Regulator, Pensions, Retirement
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The SJP dispute over who owns the clients (again)
I remember when I was in the game of building a business as a self-employed adviser working for SJP’s predecessor (Hambro and then Allied Dunbar). Coincidentally, insurance has moved on a long way in most respects (see Gordon Aitken for … Continue reading
Posted in pensions
Tagged advice, Business and Economy, Management, SJP, St James Place, Wealth
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People cease to matter to insurers in this merry-go-round of ownership
No one has written the definitive history of life insurance over the past 50 years, but Gordon Aitken has a good go. There are of course part of the pictures he cannot touch. Wealth management was initialled by Abbey Life … Continue reading
Posted in pensions
Tagged Business, Business and Economy, credit, dc pensions, gordon aitken, Government, Insurers, Pensions, PRA
3 Comments
John Mather’s explanation of how the wealthy have moved away from pensions
The crazy world of freedom from pensions evolved as John Mather describes. I agree with this as a factual explanation of how we got to where we are now. – ed (Henry Tapper) John Mather’s explanation of how we’ve moved … Continue reading
Posted in pensions
Tagged Business, Business and Economy, John Mather, Pensions, Tax, Treasury, Wealthy
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A wake up and a shake up for advisers and trustees in their “end game”
Two amendments are going through the House of Lords, framed by Baroness Altmann of Tottenham. I am proud to have played a part in this work but recognise the bulk of the momentum has been created by Stagecoach’s DB Pension, … Continue reading
Posted in pensions
Tagged Business, Business and Economy, CDC, corporate risk, DB, dc, de-risking, Defined benefit pension plan, DWP, Pensions, Retirement, Ros Altmann, TPR, VFM, workplace Pensions
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A man and a woman making sense of investment for retirement
I wish I’d put it as well as this man has I’d wish I’d put it as well as this woman has UK businesses are facing many headwinds, but revitalising economic growth can help them overcome barriers to successful expansion. … Continue reading
Posted in pensions
Tagged Business and Economy, corporate risk, dc pensions, Defined benefit pension plan, DWP, Government, Pension new, Pensions, Retirement, Ros Altmann, Steve Fine
6 Comments
How did the “Pension Security Alliance” get away with it at the Times?
Here are extracts from a Times article quoting a new group opposing proposed changes in the Pension Investment Review. The same article appears in the Daily Express, Business Matters, Pension Age Actuarial Post and many others. There may be a … Continue reading
Nest’s a trust based pension – not a building society (says Todd)
Why am I wasting my time watching VFM stuff when I could be watching Nest’s Paul Todd about turning Nest into a pension. I don’t know this guy but I know people who do and so I’m going … Continue reading
Posted in pensions
Tagged Business, Business and Economy, dc pensions, National Employment Savings Trust, Pension new, Pensions, Retirement
5 Comments
Backdrop for 2025 DB valuations.
I am sorry not to have made it! I was pressing away on my iPhone as the Queen Elizabeth train took me up from Slough to Farringdon in London. But it would not obey my instructions. Thankfully, I have the … Continue reading
Posted in pensions
Tagged Business, Business and Economy, Con Keating, DWP, Financial services, hymans, Jones, McLaren, Pensions
10 Comments
I did not find this , Torsten's most impressive work (not sure it was his). But it at least remind…