Tag Archives: Mike Wadsworth

Would you countenance a pensions pay-cut?

We all want an annuity- we all hate annuities Back in the early noughties, Watsons had a powerful team of thinkers who had cottoned on to the problems of moving from DB to DC pensions. The insurance and investment teams … Continue reading

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A massive failure of nerve – the sad state of our DC pensions

Last year 460,000 people bought annuities from their DC pensions, Two thirds of these people did not bother to get the best rate for their accumulated funds and as a result suffered on average a 10% lower pension than those who did. Continue reading

Posted in corporate governance, dc pensions, de-risking, EU Solvency II, Fiduciary Management, Liability Driven Investment, NEST, pensions, Personal Accounts, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | 10 Comments