Tag Archives: jo cumbo

Does Britain need an Aussie style “Retirement Income Covenant”?

  The Australian Treasury has recently consulted with its citizens on how to oblige Trustees of its huge Super funds to provide them with retirement income. There are parallels in the UK. Over the autumn and winter, the DWP will … Continue reading

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The FT’s Martin Wolf on meaningful reform to pensions

Two things happened on Sunday that made a difference to my thinking on the pensions. the first was spending a day on my boat with Andrew Young and extended family. Andrew more or less designed the PPF and as deputy … Continue reading

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The FT moves the needle on CDC

As I predicted, yesterday turned out to be a day of pension debate and what started as an editorial in the FT , was continued in an excellent seminar where Claer Barrett , Jo Cumbo and Sebastian Payne explored the … Continue reading

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Choosing to challenge male solutions to retirement planning

  Many women are brilliant with money, most household budgets are managed by women and women are better risk-takers, rarely exposing themselves to the kind of catastrophic breakdowns in personal finance that are such a curse on us men. These … Continue reading

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Pension trustees -you can’t buy a sausage with a brick!

There is an interesting article in  the FT which has sparked quite different reactions from people I know. Here is it’s presentation from Jo Cumbo, who has strong views on investing other people’s money for social purpose. It’s Jo’s article. … Continue reading

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IGCs should take providers to task over the MaPS “price comparison” site

  Jo Cumbo and the FT are road testing the Government’s new pensions comparison site which helps people select a later life provider to pay them their money back via the four investment pathways. The worry for Jo and it’s … Continue reading

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Still no evidence that pots are becoming pensions!

There’s not been much discussion about the HMRC’s latest update on what’s being drawn down from  our pensions and what there has been has interpreted the data differently. Alistair Mcqueen has tweeted positively New pension freedom data out today. Total … Continue reading

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A Living Pension! What would it take to secure a better retirement income for workers?

  UK pensions have seen radical reforms in recent years to boost pension saving and tackle poverty in retirement. Government has introduced a flat-rate state pension and got more millions more workers saving through auto enrolment. But these policies alone … Continue reading

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TPR’s funding dilemma increases

  In an article in FTfm this morning , Guillaume Prache, MD of Better Finance (a EU wide organisation representing savers) claims that EU Governments have deliberately chosen to sacrifice the financial security of pension savers in favour of artificial … Continue reading

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Superfunds and COVID-19

In a very good overview of superfunds, Jo Cumbo and the FT explain the new option available to the 5000+ employers sponsoring DB schemes on what Guy Opperman calls their spectrum of choice. Jo makes clear that superfunds are not … Continue reading

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