Tag Archives: Civil service

What’s happening to your public sector pension?

This blog is written for those in public sector pensions who are interested in how their pensions in retirement are likely to be affected by Government interventions. It looks at  the difficult areas for those in defined benefit schemes, the … Continue reading

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

The public sector needs a low cost pension alternative

This blog is about public sector pensions and the problems that they will face with Auto-Enrolment. It will be of interest to people concerned with pension reform, fairness, inclusivity and with bringing DC up to the standards of DB. The question … Continue reading

Posted in auto-enrolment, doctors, Financial Education, mallowstreet, NEST, pensions | Tagged , , , , , , , | 9 Comments

Who’ll win this Pension Referendum?

We are about to have a pensions referendum. Votes will be cast not at the ballot box but through an obscure process known as “the opt-out“. Over the next five years , more than 5m people, around 20% of the … Continue reading

Posted in auto-enrolment, pensions | Tagged , , , , , , , | 6 Comments

Can we have a word Mr Webb?

You mentioned that there should be a default position (on mallowstreet). I have argued that there is a default decumulation position, it is a level single life annuity provided by the insurer that managed your pension accumulation. This is a “pot-luck” position and many are buying appalling annuities as a result. This is at the root of what we, Robin Ellison, Con Keating, Alan Higham , the AMNT and Kevin Wesbroom, (to name but a handful of those calling for change), are trying to address. Continue reading

Posted in annuity, auto-enrolment, corporate governance, customer service, dc pensions, de-risking, Fiduciary Management, Liberal Democrats, NEST, Nick Clegg, pension playpen, pensions, Personal Accounts, Retirement | Tagged , , , , , , , , , | 14 Comments

Pension Equality? Don’t make me laugh.

Great news, – a group of civil servants (the National Audit Office) have decided to audit the work of another group of civil servants (the Pension Regulator) reporting to another group of civil servants (the DWP). The point of the audit is … Continue reading

Posted in annuity, Bankers, corporate governance, dc pensions, de-risking, Liberal Democrats, Martin Lewis, NEST, pension playpen, pensions, Retirement | Tagged , , , , , , , , | 11 Comments

We’re giving pensions a bad name

This from the News of the World this weekend Fair? Judge for yourself You work till you drop,pay a fortune into your pension , then get a pittance until you die. Unless you’re a judge. Earn up to £206,000 pa. … Continue reading

Posted in corporate governance, pension playpen, pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , | 1 Comment