Tag Archives: default
Three years ago the DWP commenced its nudge towards proper DC decumulation.
Three years ago the DWP commenced its nudge towards proper DC decumulation. This blog was first published in the summer of 2022. With immaculate timing, the DWP launched its latest consultation on how to establish the choice architecture and expand … Continue reading
Are we defaulting people into retirement heaven or retirement hell?
Two tweets dominated my social media yesterday. The first was from Alistair McQueen which drew excited comment for suggesting that we had lost the link between retirement and pension. No one is suggesting that you should, Henry, or that people … Continue reading
Altmann and Fawcett on DC’s new bargain
Over the Easter weekend , I continued to question the legitimacy of illiquids in the default funds that dominate retirement saving in the UK. To date these funds have invested in liquid funds which have sought returns by passively … Continue reading
A whole new can of “defaults”
The Pension Regulator’s found a new can of worms to open. This time it relates to a very local problem but creates some difficulties for those running and governing DC pensions. As the vast majority of money going into DC … Continue reading
Posted in advice gap, age wage, pensions
Tagged default, pensions, Savers, SIPPS, workplace Pensions
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Does Pension Freedom need a “disinvestment default”?
The success of auto-enrolment in encouraging 7 million new pension savers to stay in, has been attributed to the power of inertia. There may be some goodwill generated by “pension freedoms” but even workplace pension providers accept that most new … Continue reading
“Rape and Kill” – why the public are turning off retirement advice.
Thanks to the PPI for the second Future Book – Unravelling Workplace Pensions. The 2016 Edition of the PPI’s study on workplace pension is published today. Getting data on the state of workplace pensions has always been tricky. If you … Continue reading
Posted in drawdown, pensions, PPI
Tagged auto enrolment, dc, decumulation, default, pension playpen, pensions, PPI, Saving, spending, workplace Pensions
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Con Keating on the future of CDC – (pt 3)
This is the third of three blogs from Con which will in future appear in Professional Pensions. The idea that individual DC will produce pension outcomes that are satisfactory for the majority of retirement savers is now thoroughly discredited, as is … Continue reading
Posted in CDC, Pension Freedoms, pension playpen, pensions, Pensions Regulator
Tagged CDC, Con Keating, decumulatioin, default, defaults, Money, Retirement
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How do you compare pension default funds?
An old colleague contacted me yesterday with a simple (but great) question. “how do you compare pension default funds”. I can speak on this for First Actuarial, who provide the investment ratings on default funds for the Pension … Continue reading
Posted in pensions
Tagged annuity, Apples and pears, auto enrolment, Business, CDC, choose, Choose a Pension, compare, dc pensions, default, FCA, Financial services, Investment, investment consulting, National Employment Savings Trust, NEST, pension, pension default, Pension new, pension playpen, Pension Regulator, pensions, Retirement, workplace pension
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The Risks of DC Default Options
If you are in the default fund of your group personal pension you have the right to ask these questions. Continue reading
Posted in pensions
Tagged Business, default, Financial services, Insurance, International Monetary Fund, Investing, Management, Pension new, pensions, Risk Management
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