The Microsoft references are rhetorically effective, but analytically misleading. Microsoft went public in 1986 and did not pay a dividend…
Thank you for the kind words!
As cryptocurrency adoption continues to grow, scams, hacking incidents, fraudulent investments, and lost wallet credentials remain major challenges. TECHY FORCE…
The self-employed commonly have very lumpy income streams plus periods of feast and famine. Their lack of income security means…
Tag Archives: Government
Creating a National Care Service and the triple lock- Andy Burnham
..we need to be honest about the changes that are needed to pay for it. And I do not believe it makes sense to preserve the current triple lock while so many pensioners face the risk of catastrophic care costs Continue reading
Posted in pensions
Tagged Andy Burnham, Business, DWP, Financial services, Government, Investment, pension, Pensions, Social care
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Did the financial industry close private DB schemes and SERPS?
the financial service companies, as they once explained to me, hated DB because it wasn’t a product they could replicate. They preferred to provide pots, taking a fee for AUM, leaving all the risk on the working man/woman. Continue reading
Posted in pensions
Tagged #pensions, Business, DB, Financial services, Government, Pensions, workplace Pensions
12 Comments
“My pension offer” – explaining CDC to a confused sceptic 12 years ago!
This is a blog I published 12 years ago on 28th September 2014. It is now 12 years old and shows that the debate has been broadly the same for some time! Continue reading
Posted in advice gap, auto-enrolment, CDC, pensions, with-profits, workplace pensions
Tagged annuities, Business, Business and Economy, CDC, collective, DC Defined Contributions, Defined benefit pension plan, Drawdown, DWP, Employment, Financial services, flexible drawdown, Flumps, Government, Human Resources, Insurance, NEST, pension, Pension Regulator, Pensions, Retirement
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Financial Inclusion’s to be lauded; it isn’t woke but what about this Committee?
For some people, woke is a word about awareness, fairness, and paying attention to injustice. For others, it sounds political, sarcastic, and maybe a little overused. This morning I got a mailing from Gov.uk on the progress of our Financial Inclusion … Continue reading
A letter from Insight’s Jos Vermeulen on how pension surpluses can help the Government out.
My next door neighbour in Blackfriars has written to the FT. He’s close enough to Bracken House to have hand delivered it on foot! Here’s what Jos has to say I read with interest the recent article highlighting surpluses … Continue reading
Richard Smith calls for Andy Burnham’s help; the pension dashboard needs the new prime minister.
Richard Smith has a message for the Prime Minister on his first day in charge. We will hear over the next few days news of our new Chancellor and the place for our Pensions Minister. Much will change but pensions … Continue reading
Posted in pensions
Tagged Government, Pension Dashboard, Prime Minister, Richard Smith, Win
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The stink of Thames Water persists for BT ,USS and their pensions.
This may be stale news for those who manage British Telecom’s massive pension scheme but it won’t help the pensioners and deferred pensioners who may see something faulty in its investment strategy. A lot of money was lost by BT’s … Continue reading
Collective Defined Contribution Schemes – the “Shameful Missed Opportunity” of 2008!
Here is An article by Kevin Wesbroom. I first published it on June 3rd 2014, just over 12 years ago. Kevin was then leading Aon’s thought leadership on DC . This reminds me how little had changed since six years … Continue reading
Major news from Nest which points to a pensions success.
It is easy to poke fun at consolidation and the establishment of megafunds. It is not easy to create a pension fund that invests nearly a quarter of its assets as Nest does in Britain, in its infrastructure and production. … Continue reading
Posted in pensions
Tagged assets, Business, CDC, DWP, Financial services, Government, Long Term Assets, National Employment Savings Trust, NEST, pension, Pensions, Retirement, Scale
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People cease to matter to insurers in this merry-go-round of ownership
No one has written the definitive history of life insurance over the past 50 years, but Gordon Aitken has a good go. There are of course part of the pictures he cannot touch. Wealth management was initialled by Abbey Life … Continue reading
Posted in pensions
Tagged Business, Business and Economy, credit, dc pensions, gordon aitken, Government, Insurers, Pensions, PRA
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Standard Life was fine until Gordon Brown started playing 'ducks and drakes' during the last century - now we have…