For younger readers, MIRAS was Mortgage Interest Relief at Source. A scheme allowing UK homeowners to receive tax relief on…
We bought our present house more than forty years ago. The newspapers all said "Buy as expensive a house as…
The RF approach is probably close to what Andy Burnham would like to happen, but the mood music at present…
The economic background is challenging and guidance can be found in the recent report The RF report’s key findings are:…
Tag Archives: NEST
Dead pools and blind allies; capital will always stand behind private pensions
I riffed on Tontines here a dozen years ago https://t.co/HRWCp4zNB8 From 2010 my @ISRS_UCL action research has covered mutual legal designs of modern scalable risk, cost, surplus & production sharing agreements. Trust Law is very far from modern: we can … Continue reading
Nest – the Government’s pension that can’t pay you a pension.
Nest’s normal retirement age is your state retirement age. Seven years before my Nest retirement, I got an email. This email has triggered me to explore my pension options with Nest – and to this blog I decided to make … Continue reading
Small pot consolidation – Ockham’s Razor is out!
I suppose it is impossible to deliver any document to Government which is the output of the PLSA, ABI without it being 70 pages and late in delivery. The document that trundled over the line yesterday was called THE SMALL … Continue reading
David Farrar leaves the DWP to join Nest.
Anyone who has known David Farrar in his 7 years as senior policy manager for the DWP will wish him well as he joins Nest to work on climate change, responsible investment and other evolving policy areas. His DWP occupational … Continue reading
Posted in pensions
Tagged CDC, Climate change, David Farrar, DWP, NEST, Pensions, TCFD
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Where will Nest’s £1.5bn private investment go?
Nest wants to invest £1,500,000,000 into private markets, meaning just under 10% of our money will not be invested in public stock exchanges or debt markets but in companies that raise money other ways. Actually £1.5bn is not a lot … Continue reading
Has Nest detonated an investment big bang?
The Financial Times reports;- Nest, one of the UK’s largest workplace pension schemes, has announced a £1.5bn private equity spending spree in the biggest move by a British retirement scheme into the asset class. The £20bn state-backed pension fund with … Continue reading
When is Nest going to become a pension scheme?
Michael Clark, as usual is on the money Nest sees CDC-style offering as ‘potential option’ for retirees https://t.co/6dMlEDDrwV Well it’s a start. CDC is a very real option and should be seen as such by other DC schemes/master trusts — … Continue reading
Posted in pensions
Tagged NEST, nest pensions, pension, Retirement, retirement hub, Stephen Timms, WSPC
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How DC consolidation can benefit DC members
Like Climate Change, Pension Consolidation isn’t something theoretical, it’s happening and at a great pace. I remember when DB transfers were at their peak (2018) people talking about what was to come. It had come and before the regulators … Continue reading
God is on the side of the big batallions
Many readers will have joined their first company with the promise of a “company pension”. If you can admit that was before the turn of the last century, that typically meant a promise of a wage for life in … Continue reading
What will popular reaction be to Nest going green?
In a recent poll by YouGov carried out a survey of 1,183 pension savers conducted by last July. It found that almost two-thirds of respondents thought their retirement scheme should invest in a way that reduced the damaging impact of … Continue reading
Yes - but particularly in terms of pensions we need to support existing employers and help them thrive and grow.…