Tag Archives: ONS
Is the UK institutionally ageist?
This week we hear that numbers in England and Wales dying in care homes is exceeding those in hospital. In March Government told these homes the risk of death in homes was “most unlikely”. How did it come to this? … Continue reading
Posted in actuaries, advice gap, age wage, later life, pensions, Ros Altmann
Tagged Care Homes, Covid-19, Debora Price, LSE, Nursing, ONS, Ros Altmann, Stuart McDonald
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The elephant in the care home
New paper looks at early evidence of care home mortality in different countries. Provisionally concludes that about half (42% to 57%) of COVID-19 deaths are taking place in care homes. As a reminder, the 11,329 deaths announced by DHSC are … Continue reading
Posted in actuaries, advice gap, Consolation, coronavirus, pensions
Tagged Care Homes, Coronavirus, COVID19, Covid19actiongroup, death rates, ONS
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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
Posted in pensions
Tagged booker, Dorset, Gardiner, North Dorset, ok boomer, ONS, pensions, Soil Association, Springhead
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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
Posted in advice gap, age wage, pensions
Tagged assets, DB pensions, ONS, pensions, Resolution foundation, state pension, Wealth
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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
Posted in advice gap, age wage, Blogging, pensions
Tagged AgeWage, Brexit, Britain, ONS, Population, predictions, projections
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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
Posted in age wage, pensions
Tagged advice gap, AgeWage, ONS, pension, pensions, Saving
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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
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
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
Posted in annuity, Big Government, BSPS, pensions
Tagged de-risking, DWP, FCA, Hyman Robertson, LCP, ONS, pensions, Train crash
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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
Posted in pensions
Tagged ISA, ONS, putting money away, Retirement, Savings, savings ratio, workplace pension
7 Comments