Tag Archives: David Pitt-Watson

Pensions Resurgent! The merit of the CWU’s proposals to the Royal Mail


For the third day I am returning to the CWU’s proposals to the Royal Mail which I now consider the most important break through in pension scheme design we have seen in Britain this century. I base this on three … Continue reading

Posted in actuaries, advice gap, David Pitt-Watson, dc pensions, defined ambition, defined aspiration, pensions | Tagged , , , , , , , , , , , | Leave a comment

Con Keating on “What They Do with Your Money”


Review of What They Do with Your Money How the Financial System Fails Us and How to Fix It. Stephen Davis, Jon Lukomnik, and David Pitt-Watson Yale University Press ISBN 978-0-300-19441-8 The authors have grand ambitions for this book in … Continue reading

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Doubt is not a pleasant condition , but certainty is absurd


The quote’s from the French philosopher Voltaire and was sent me by my friend Derek Benstead . Derek’s been ill all year, never stops thinking about how to make my and his client’s lives better! We were discussing people’s options at … Continue reading

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Why Corbynism is radical (and what it means for pensions)


The most tweeted action of Corbyn’s first 24 hours as Labour leader was to choose to go to a constituency engagement rather than go on the Andrew Marr show. For Labour apparatchnick schooled in two decades of Blairite PR and … Continue reading

Posted in consultant, pensions, Pensions Regulator, Politics | Tagged , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

Magic beans and “negative capability”


Negative capability describes the capacity of human beings to transcend and revise their contexts. If we dismiss it as “magic beans” we are committed to repeating the mistakes of the past – and- as we all know – that way is madness. Continue reading

Posted in Change, corporate governance, drawdown, Financial Education, happiness, Pension Freedoms | Tagged , , , , , , , , , , , , , , , , , , , , , | 6 Comments

Target Pension Plans


 This is a briefing to employers and politicians from the Friends of CDC. Target Pension Plans are a new type of pension plan for the UK. Also known as Collective DC plans, they work on a pooled basis, where members … Continue reading

Posted in actuaries, advice gap, auto-enrolment, David Pitt-Watson, dc pensions, defined aspiration, Personality | Tagged , , , , , , , , , , , , | 6 Comments

Do consumers benefit from risk-based pricing?


may be wrong, the idea put up by John Raven, that a risk-based system delivers more may be right, but intuitively I sense we are moving to a more pooled approach to pricing. Continue reading

Posted in actuaries, dc pensions, defined aspiration, NEST, Popcorn Pensions | Tagged , , , , , , , | 6 Comments

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

Those Dutch pension cuts in full!


Final figures from the Dutch central bank DNB show a total of 66 Dutch pension funds have been forced to curtail pensions due to funding shortfalls. Continue reading

Posted in actuaries, Bankers, pensions | Tagged , , , , , , , | 11 Comments