Tag Archives: long term care

The problems of old age didn’t “go away in May”.


Back in May, the Conservatives said they were going to do something about the problems Britain has with an ageing population and insufficient preparation for their extreme old age. Instead of introducing radical reform, as their manifesto promised, they backed … Continue reading

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My house is my health plan?


  It is the one life event we don’t want to talk about. Shakespeare could only talk of it through the fool; Last scene of all, That ends this strange eventful history, Is second childishness and mere oblivion, Sans teeth, … Continue reading

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“Look after yourselves” – tough plans for the ageing-affluent.


    Ditching Dilnot’s cap Ditching Andrew Dilnot’s proposed cap on the amount we pay for our long-term later life care is the biggest attack on wealth I can remember. Protecting personal assets at £100,000 is scant comfort when the … Continue reading

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Actuaries! Talk with us – don’t argue with each other.


  There’s a  silly letter in the FT this week which I print in full.  Sir, Jo Cumbo’s report “Mortality update bodes well for pension deficits” (May 4) refers to an assertion by PwC that slowing mortality improvements could reduce UK … Continue reading

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With dementia in mind.


Why don’t we design financial services for the elderly with dementia in mind? The needs and capabilities of those in their eighties and nineties can be quite different from those in their sixties and seventies. We would not treat a twenty … Continue reading

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Are the conservatives the party for pensioners?


  The Conservatives are due to talk this morning about how they can justify their claim that they are the party for pensioners. Look forward to promises to; Maintain the triple lock Increase the pensioners tax-free allowance from £6000 to … Continue reading

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Any questions on the Guidance Guarantee?


  This blog is about a conversation I had with the Pension Advisory Service. Following it I promised to feed back questions to TPAS about the Guidance Guarantee. The blog contains questions I want asking , some background on TPAS and … Continue reading

Posted in advice gap, Guidance, happiness, Retirement | Tagged , , , , , , , , , , , , , , | 3 Comments

“The predictable alternative to drawdown”


  “Drawdown scares me”. It scares me because I am on my own, it scares me because I get a bumpy ride and most of all it scares me because I know that if I drawdown at a minute of … Continue reading

Posted in advice gap, CDC, FCA, Financial Conduct Authority, FSA, pensions | Tagged , , , , , , , , , , , , , , , , , , | 3 Comments

Cash and Carry


  My Mum and Dad used to buy the ice-cream and cakes for the Methodist Fete at the cash and carry in Poole. They used to go down each summer in the Methodist Minibus and they would take me and … Continue reading

Posted in auto-enrolment, CDC, pension playpen, pensions | Tagged , , , , , , , , , , , , , , , , , | 2 Comments

Sacred cows at the abattoir


In her 45 minute talk, Debora led us to an abattoir of sacred cows where we saw strung up on meat hooks our most cherished hopes. Continue reading

Posted in annuity, corporate governance, customer service, dc pensions, Fiduciary Management, NEST, OECD, pension playpen, Retirement | Tagged , , , , , , , , , , , , , , , , | 2 Comments