You usually need 35 qualifying years of National Insurance contributions to get the full State Pension in the UK. If…
In the states, certain retirement savings programs have unique "catch-up" provisions - where those whose income varies from year to…
NEST’s Guided Retirement Fund in the UK gets part of the way there by separating money according to its intended…
"As usual with The Times, this is a briefing about England & Wales only." I'm so old that I can…
Tag Archives: Business and Economy
Do we need another pension commission? #IRSC
A call for inclusion from the pension elite? The NAPF have launched a call for an Independent Retirement Savings Commission. I went to hear the arguments yesterday morning and came away with a nice booklet but without much more enthusiasm … Continue reading
The dark hour of the innovator
Access to knowledge remains a stumbling block to financial education in this country. It is extremely difficult to convert information on what we own into knowledge about how we can use it. This is not a problem peculiar to the financial … Continue reading
Posted in pensions
Tagged Actuarial science, Business, Business and Economy, innovator, payback, Pension Freedoms, pension playpen, Pollen, Previnet, Quietroom
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We need a tank to get us across this battlefield!
We must dispel myths we have created and allow to malinger to the detriment of CDC and our pension system. Continue reading
Posted in pensions
Tagged Ann Begg, Business, Business and Economy, CDC, corporate governance, Dame Ann Begg, Defined benefit pension plan, DWP, Employment, Financial services, Government, National Employment Savings Trust, pension, pensions, Politics, public sector, Public Sector Pensions, Retirement, Select Committee, Steve Webb, tanks, ww1
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It’s all about Steve Webb – stupid!
Pensions Question Time at the PPI Last night the Pension Policy Institute held a meeting to discuss the impact of next week’s budget on pensions. Expertly chaired by Paul Lewis, it turned out to be a meeting demonstrating the paucity … Continue reading
Money in auto-enrolment? – the jury’s out!
This morning and regularly over the next few weeks, I will be speaking at Money Marketing Auto-Enrolment invitational events around Britain. These are the slides that I will be using Advisers and auto enrolment from Henry Tapper It’s odd … Continue reading
Posted in auto-enrolment
Tagged advice, auto enrolment, Business, Business and Economy, corporate governance, DWP, Employment, Financial services, Financial Services Authority, Guidance, Guidance Framework, IFA, Insurance, pension, Pension new, pension playpen, pensions, Retirement, Steve Webb
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How challenging? We are IGC
I love it when you get “Pension News” from a lawyer. The latest gem comes from Pinsent Masons, who reveal that the FCA expects Independent Governance Committees to challenge insurance companies. This is what I call a “not news” story … Continue reading
Posted in governance, pensions
Tagged Business, Business and Economy, Charlie, corporate governance, corporate risk, dc pensions, Defined benefit pension plan, Financial services, governance, I am Charlie, IGC, Insurance, National Employment Savings Trust, pensions, Retirement, Steve Webb
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Are workplace pensions “risk-free” to employers?
If you think workplace savings plans are “risk free” to employers – think again; “value for money” changes that Continue reading
Posted in advice gap, Bankers, consultant, dc pensions, Fiduciary Management, First Actuarial, pension playpen, pensions, Retail Distribution Review, Retirement
Tagged Business, Business and Economy, Canada, CDC, Colin Ripsman, corporate governance, corporate risk, dc, dc pensions, de-risking, decumulation, Defined benefit pension plan, Defined Contribution, Eckler Ltd, Employment, Financial services, Pension new, pension playpen, pensions, Plan sponsors, Retirement, retirement income, Steve Webb, workplace Pensions
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“what should tell the staff?” Pension PlayPen Lunch today!
Every first business Monday of the month, the Pension Play Pen Linked In group meet in the Partners Room of the Counting House in Cornhill to discuss pressing issues of the day. True to form, we meet today (Monday … Continue reading
Posted in pensions
Tagged advice, Business, Business and Economy, corporate governance, Employment, financial education, Financial services, Guidance, Mark Scantlebury, pension, Pension Freedoms, Pension new, pension playpen, Pension Wise, pensions, Politics, Retirement, Steve Webb, workplace
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The enormous importance of Legal and General
If one insurer has done more than any other for workplace pensions it is Legal & General. For early stagers like Marks & Spencer they opened a master trust , they were the first insurer to adopt clean 50bps … Continue reading
De-risking strategy found in pocket of comatose trustee
The Pension Plowman rifling through the pockets of a trustee lying in the gutter following an all night pension celebration , has found too documents, the first a copy of Corporate Adviser the full text of which can be … Continue reading
Agreed!