Extending time horizons can ease short-term funding pressure, but it shifts risk toward younger members. Reform should make those intergenerational…
I've just come across this letter from Smithers, covering DB pensions in general and the USS in particular. https://smithers.co.uk/extending-the-liabilities-time-horizon-is-key-to-pensions-reform/
Great. A chance to nit-pick something from Steve Webb. The Married Woman’s Option finished in 1977, not 1978. SERPS was…
I was told by the Pensions Service, that if I divorced my husband before I retired, I would get a…
Tag Archives: Financial services
Let’s talk about sex (and pensioners)
Marx was right, the two principal drivers in our behaviours are sex and money. A successful financial salesman used to present in working men’s club with a clipboard stuffed with ten pound notes, when he opened the clipboard out, … Continue reading
Posted in pensions
Tagged awareness, children, Financial Capability, financial education, Financial services, mens sana, old, pension, pensions, Retirement, Sex, welness
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The market-force and where it has a voice.
Context I spent most of yesterday in company with pension providers at the MarketForce conference in London (and most of the evening whooping it up with my chums in payroll!). The Marketforce Conference is clearly a big deal- brilliantly organised … Continue reading
Posted in pensions
Tagged auto enrolment, Business, Employment, Financial services, Just Retirement, Marketforce, Nigel Wison, pension, Pension new, pension playpen, pensions, Retirement, Ros Altmann
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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
If I ran a master trust…
Not all of us run a master trust, though you might think it was Britain’s boom industry from the amount of press “master trust proliferation” has got. This blog is here for those who do, and for those who advise … Continue reading
The soft underbelly of master trusts
Many master trusts are absolutely rotten – they are not fit for purpose. Lots of advisers are using them as a back door way of bringing in commission, dressed up as high governance charges. The words of Barnett Waddingham’s … Continue reading
Posted in accountants, advice gap, auto-enrolment, pensions, Pensions Regulator
Tagged auto enrolment, charges, DWP, Employment, Financial services, governance, Government, master trust, National Employment Savings Trust, Retirement, soft underbelly, The Pensions Regulator, trust, underbelly
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A transparent press is an honest press.
The “Breaking News” in Britain’s financial press is that City AM is tearing down the divide between editorial and advertising and giving the people who pay for their site, the chance to run a section of their (digital) paper. Running … Continue reading
Posted in pensions
Tagged City AM, Employment, Financial services, Financial Times, ft, journalism, Pay-wall, Transparency
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Who’s afraid of auto-enrolment?
Despite the dire warnings – not that many UK employers New research from workplace pensions provider NOW: Pensions reveals that UK small firms are relatively relaxed about auto enrolment and the introduction of the National Living Wage with concerns focussed … Continue reading
Posted in auto-enrolment, NEST, pensions, Pensions Regulator
Tagged auto enrolment, Business, Employment, Financial services, fines, NEST, Payroll, penalty notice, pension playpen, Retirement, Workie
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True Potential for a good IGC report.
A little tardy (but not as tardy as fellow auto-enrolment SIPP, Intelligent money, True Potential has produced its IGC report, you can read it here. You would have to be good at web navigation and persevering, to find it. I … Continue reading
Posted in governance, IGC, pensions
Tagged Brian Shearing, Business, Financial services, IGC, Impulse Save, pension playpen, pensions, Retirement, SIPP, true potential, workplace pension
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The “troubled” generation
It’s not my phrase, infact it’s TPAS’ Michelle Cracknell’s phrase but I guess it applies to me. I’m 54 and according to everything I’ve been told for the past 30 years, it should be time to retire. I am … Continue reading
Posted in pensions
Tagged CDC, Drawdown, Employment, Financial services, IFA, Michelle Cracknell, pension, pension playpen, pensions, Pensions Wise, Retire, Retirement, TPAS, Wealth
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When taxation is retroactive it will change behaviour. Be careful with envy focused legislation promote real solutions to British poor…