You usually need 35 qualifying years of National Insurance contributions to get the full State Pension in the UK. If…
In the states, certain retirement savings programs have unique "catch-up" provisions - where those whose income varies from year to…
NEST’s Guided Retirement Fund in the UK gets part of the way there by separating money according to its intended…
"As usual with The Times, this is a briefing about England & Wales only." I'm so old that I can…
Tag Archives: FCA
Plenty of support, but should we need it to get our pensions paid?
What’s helping people to take decisions is problematic, the question we should be asking “what’s helping people to take the right decision”. In an earlier blog in this series looking at the FCA Financial Lives 2024 survey, it became clear … Continue reading
The chaotic results of “pension freedom” – thanks to Financial Lives. (pt 8)
I had the revelation last week of the source of the 162 slides that I have been working through which form the “pension” part of the FCA’s 2024 Financial Lives report. I have written about how I found out the … Continue reading
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
TPR and FCA, VAR for pension goalscoring!
I’m off to hear Nausicaa Delfas at the Professional Pensions Live event in the City. She’s kicking off early (9 am) but I’ll be in the front row and hope she’ll be explaining more about this venture on the … Continue reading
The FCA tell us how far DC “pots” are from being pensions (pt 1)
At 162 slides, the FCA’s Financial Lives survey of the nation’s understanding of private pensions is a phenomenal publication. It’s the document that was mainly researched this time last year from ordinary people, not those put forward by insurers, advisers … Continue reading
Targeted support for 700,000 reaching retirement each year
I am drawn to this article in CityWire. There are 700,000 who reach retirement with freedom but no pension. I doubt it is being picked up in the advisory world and I am not sure that it is properly understood … Continue reading
Who is regulating your pension?
There is speculation that the current system, where the Financial Conduct Authority (FCA) regulated insured and self-invested personal pensions and the Pensions Regulator (TPR) regulates occupational pensions has broken down. It is possible to offer an occupational business whose primary … Continue reading
Former FCA Chair, Randell on the regulators we ask for
Charles Randell published this in linked in yesterday and wants it published on this blog. A group of us are meeting next week to get beyond “vibes and tribes” and I hope that this former Chair of the FCA … Continue reading
Posted in pensions
Tagged Alughter and May, Charles Randell, FCA, parliament, Pensions, TPR
1 Comment
You can’t wait for Reeves tomorrow? PM Starmer on Pensions tonight..
A press release has been issued by the Prime Minister’s office. Here it is. So you thought that pensions were a quiet backwater? Think again. If you were waiting for Rachel Reeves growth speech on Wednesday, you’ve missed the point. … Continue reading
Posted in pensions
Tagged Business, corporate governance, corporate risk, Defined benefit pension plan, DWP, FCA, Financial services, Investment, Pensions, Reeves, Starmer
3 Comments
A formal response to the FCA’s Value For Money Framework.
CP24/16: The Value for Money Framework This response comes from AgeWage , Pension PlayPen and Pension SuperHaven. Collectively we are looking for members to get better outcomes through bigger pots and better pensions. It is also my personal response. … Continue reading
Posted in age wage, dc pensions, pension playpen, Retirement
Tagged AgeWage, FCA, pension playpen, Pitch
Leave a comment
Agreed!