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…
Success in applying the rules set out in law is not reliant on loopholes (I prefer educated projections of future…
Tag Archives: increases
Let Jo Cumbo and Nest have this debate in front of 14 million savers!
There are two competing views on how 14 million saver’s should have their money invested. This is a view that accords with the research that Nest commissioned from its members. This is the view of Josephine Cumbo, a longtime friend … Continue reading
The PPF will be a better place for those pensioners who’ve had no increases for 30 years
Turner and Newall was a very conspicuous success and a hugely costly failure It was a manufacturing business based in Manchester, United Kingdom. At its peak, it was a constituent of the FT 30 index of leading companies on the London Stock Exchange. As part … Continue reading
Dashboards and what they’ll show to people.
I couldn’t blog about the pension dashboard without doffing my keyboard cap to Richard Smith who I feed to but who is much better at feeding back. Here for starters is a post from a couple of months that got … Continue reading
Visualising retirement with the Pension Dashboard (lessons from Denmark and R Smith!)
There was an agreement in 2020 that the pension dashboard would publish details of people’s DC pots as “pensions” using SMPI numbers to offer people an Estimated Retirement Income (ERI). Speaking with Richard Smith I got the impression … Continue reading
I took her CDC baited hook and was landed by Jo Cumbo!
Following this year’s Pensions UK investment conference I was told that my press badge would not be renewed. I was not a journalist and I spent too much time expounding my commercial views and not enough the views of other. … Continue reading
Posted in pensions
Tagged CDC, ft, increases, jo cumbo, Journalist, Pensions, salesman
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The idea that members will get pension pay increased from Stagecoach’s surplus “interesting”.
I am amazed that people like Sammy at Rothesay see deals that do ordinary people good as bad news to me! I am aware that many people are fed up that they did not do the deal for Stagecoach but … Continue reading
How you can support pensioners being cheated out of their pension increases
A lot of those losing out on their pension is coming down as elderly pensioners die with no restitution, let’s not let it happen – find your MP’s address and send by email or Royal Mail, this letter. Linked-in does … Continue reading
Do we need a guidance guarantee? Will VFM and the Pension Dashboard do?
In 2014, the pension freedoms came with a Guidance guarantee. It is still in place but little used. It has been overtaken by the pension platform and most recently by the decumulation defaults introduced by the Pension Schemes Bill. The … Continue reading
Posted in pensions
Tagged flexibility, increases, pension, rates, Security, Value for Money
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From gold to rust – time to sort pensioner pay?
The story is a simple one. Hundreds of thousands of people who have defined benefit pension rights built up before 1997 have not and are not getting any increases on their DB pensions. Most pensioners in private sector DB plans … Continue reading
Extending time horizons can ease short-term funding pressure, but it shifts risk toward younger members. Reform should make those intergenerational…