Tag Archives: Drawdown

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

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Auto-protection from an autodidact (the joy of Johnson).


One of the joys of Michael Johnson’s 40 or so papers on pensions is that you never know what to expect next. Johnson deliberately sets himself apart from the industry to rail at it. He is at his best when … Continue reading

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Are defaults enough? Or do we need compulsion?


  Well I’m back from 10 days in India where I saw the very rich and the very poor but not much in the middle. I saw some very fine architecture which showed me what can be done when people … Continue reading

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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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