Tag Archives: Drawdown

DRAWDOWN TAX; I’m as free as a bird (in a cage)


  I’m as free as a bird can be when “freedom” is defined and confined by HMRC. “Me” as case study; I have a pension pot which wealth managers call “big” but can only supply me with an income of £15,000 … Continue reading

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2017 – a year when workplace pensions will grow up!


Restoring confidence in pensions 2017 has dawned on a different pension landscape . There are more than twice as many employers participating in workplace pensions as at any time in British history, the stock market is at an all-time high … Continue reading

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Five moral reasons I didn’t take my DB transfer.


Jo Cumbo (my journalist of the year) has finished 2016 with a fascinating article on what (her sub editor?) describes as “a stampede to cash in gold-plated final salary schemes“. I felt angry – a little bit “dirt” when I’d … Continue reading

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Why pensions should become a big government obsession in 2o17!


  In my article yesterday, I suggested we don’t need to change pension regulations, we need to stop looking at pensions as a threat but as a benefit. This applies to auto-enrolment too- where employers are not engaging with pensions, … Continue reading

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How do we manage the baby-boomers “huge” pensions?


The idea that £1m is a cap on huge pensions , beyond which we pay penal tax rates, is ludicrous. In answer to a question on this blog, I did some simple sums. Here first is the answer Nicholas, a … Continue reading

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Put up or shut up Otto – how are you paying back our money?


If you weren’t in Liverpool for last week’s PLSA conference, do not slit your wrists. You can watch the sessions on youtube. If you want to hear how product providers see the challenges on them and us- from the remaining … Continue reading

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We don’t need financial chauffeurs- we need driverless pensions.


Paul Lewis helps you find a good financial adviser In his article “Find a good financial advisor”, Paul Lewis argues that most people do not need a financial advisor at all, and for those who insist on one, there are … Continue reading

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Good retirement outcomes depend on collective solutions


The FCA have called for evidence on the likely success of our current “at retirement” strategy, this response is consistent with what this blog has been saying for some years, collective problems need collective solutions, the market is not enough, … Continue reading

Posted in CDC, David Pitt-Watson, dc pensions, defined ambition, defined aspiration, FCA, pensions | Tagged , , , , , , , , , , | Leave a comment

“Just because you’ve built it”..Some home truths about robo-advice.


The problem with Alan and Gina Miller is they are right, and they say the things that the financial services industry don’t want to hear. Before the TTF was a gleam in our eye , they were proving we were … Continue reading

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The Pensions Dashboard (and consumer demand)


  “I didn’t know I wanted this, till I came here – I do now! This was the feedback from one tester of a dummy pension dashboard , as reported in an excellent presentation by Barclays’ Clive Grinyer at a … Continue reading

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