Tag Archives: ONS

Boomers are farmers.

I grew up in a rural area of Dorset where the farmers were considered rich but acted poor. The farmers explained that though they might own the land, they could only extract from it the income that came from dairy … Continue reading

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The nations wealth is in pensions but not in DC pots

Private pension wealth is the largest component of household wealth, marginally bigger than total property wealth, and its value has increased by more than that of property wealth too. This reflects a slight cooling in the housing market, while the … Continue reading

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Is Britain full up?

Reading the Office of National Statistics “National Population Projection“, I’d answer that question “no”. If anything it seems we are not growing as a population as fast as we’d expected. The UK’s population is projected to increase by 3 million … Continue reading

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We are not saving enough – official.

  What this chart from the FT shows is that UK Companies and Households are spending more than they are saving. They join our Government in this. We are not like the rest of the world that saves more than … Continue reading

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Are some schemes over-paying on Transfer Values?

Royal London have requested and got the notorious letter sent earlier this year to certain schemes perceived to be vulnerable to pension transfers. It includes the following sections. There is nothing new about this guidance; Steve Webb is spot on … Continue reading

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By George, I just shrunk the pension!

While “workplace pensions” go from strength to strength in terms of coverage, the amount of money being paid as “pensions”, certainly in the private sector, is likely to shrink. this article looks at why and asks some awkward questions about … Continue reading

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Are DB pensions benefiting from CETV de-risking?

  It’s a fair question for a blogger to ask. I don’t have the answer and suspect that you’d get a different reply depending on who you asked. Here are the facts According to Hymans Robertson , The total value … Continue reading

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How can we expect the young to save? Here’s how!

The odds are stacked against our kids. Low interest rates make paying a mortgage a cinch But tight credit makes getting a first-time  mortgage a nightmare House price inflation makes first-time buying near impossible And pushes up rents as demand … Continue reading

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What we’re learning from the Wealth and Assets Survey

The Office of National Statistics has published wave 3 of their Wealth and Assets Survey You can download it here The report ignores the value of state benefits. Bearing in mind it would currently cost around £180,000 to buy a … Continue reading

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Why the Government is so worked up about DC pension charges.

The DWP are expected to announce today how they intend to out the hidden costs in personal pensions that can reduce personal pension income by up to 30% The table below shows how we get income in retirement. There are … Continue reading

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