Tag Archives: CARE

Do you want to insure or pay more tax for your care costs?

It is good that the Government is looking again at long term residential and home care in the UK.  We need to be clear about the option open to Government and these are now being rehearsed. These articles are often … Continue reading

Posted in advice gap, pensions | Tagged , , , | 1 Comment

Why planning for “care” is everyone’s business

Whether we are carers or ‘cared for’, we are likely to be involved in caring in the future. Of course the pandemic has highlighted the under-funding of residential care homes and the lack of support given to many home carers, … Continue reading

Posted in advice gap, Change, pensions | Tagged , , , , | 2 Comments

Why we’ve failed to build a national care service

Sage seem to consider the major problem in care homes the impact it is having on the R number. At least that is how it is being reported. Sage member Professor John  Edmunds told the FT Covid-19 infections in hospitals … Continue reading

Posted in actuaries, advice gap, coronavirus, pensions | Tagged , , , , , | 2 Comments

Our right to dream of a fairer deal for older people.

It’s been another brutal week in politics. I’m glad that the pensions team in place at the start of it – remain in place at the end of it.  I’m pleased  that Guy Opperman remains our pensions minister. As my … Continue reading

Posted in age wage, pensions | Tagged , , , , , , , , , , | Leave a comment

Who cares? And how do we pay them?

News that the Government is mulling a new Care ISA – to be funded from retirement savings will be greeted with joy within the bubble and indifference from the vase majority of people who do not plan for the consequences … Continue reading

Posted in pensions | Tagged , , , , , , | 6 Comments

Opting back into a pension scheme?!?

One of the uses of a CDC scheme could be to allow people who have opted out of a DB plan – to opt back into a scheme which pays them a wage for life – albeit one that isn’t … Continue reading

Posted in advice gap, auto-enrolment, CDC, pensions | Tagged , , , , , , , , , | Leave a comment

Planning for a noble and quick death?

  The FT has been doing some research about what motivates people to swap a pension for drawdown. The sample may not have been big but they’re drawing a strange conclusion. The superiority of the death benefits within drawdown are … Continue reading

Posted in Facebook, First Actuarial, pensions, twitter | Tagged , , , , , , | 3 Comments

The Care-taker

The Caretaker or janitor was a familiar figure in apartment blocks until recently. Their demise has coincided with the advent of outsourced facilities management. Listening to the National Association of Fire Door manufacturers calling this morning for a single accountable … Continue reading

Posted in pensions | Tagged , , , , , | 2 Comments

If you don’t know who’s paying, it’s probably you.

  The last few days have seen a reality check on who’s paying for the long term care of our elderly. Now I read this morning a report by the Resolution Foundation on who’s  paying for the deficit reduction plans … Continue reading

Posted in pensions | Tagged , , , , , , | 5 Comments

Actuaries! Talk with us – don’t argue with each other.

  There’s a  silly letter in the FT this week which I print in full.  Sir, Jo Cumbo’s report “Mortality update bodes well for pension deficits” (May 4) refers to an assertion by PwC that slowing mortality improvements could reduce UK … Continue reading

Posted in actuaries, pensions | Tagged , , , , , , , , | 4 Comments