Tag Archives: Pension Credit

‘Normal service will be resumed by the end of October 2021″ -DWP

I hope Guy Opperman’s promise that those due their state pension , some for 6 months or more, will get their payments with more than an apology. The short term blip in service is being blamed by the Minister on … Continue reading

Posted in pensions | Tagged , , , , , , , | 2 Comments

“My pension stole my benefits!”

Gareth Morgan has , until now, been a lone voice, howling at the moon on the plight of the low paid faced with decisions on how to spend their pension pot. “Until now” means that he is now joined by … Continue reading

Posted in annuity, auto-enrolment | Tagged , , , | 3 Comments

Does the FCA’s consumer duty help or hinder the pensioner?

  How Jane can give £10,000 to an insurer for an annuity and not benefit a penny Gareth, “the Ferret” Morgan is a fintech consumerist who stands up for those who are excluded from mainstream financial advice (and mainstream regulation).  … Continue reading

Posted in pensions | Tagged , , , , , | 3 Comments

What is MAPS doing for the elderly poor?

Why don’t those poor and old claim their benefits? It’s benefits not savings that top up the in retirement income of millions of British citizens, but the amount of time devoted to benefit take-up (as compared to savings rates) is … Continue reading

Posted in advice gap, age wage, pensions | Tagged , , , , | 2 Comments

For the under-pensioned – savings is only half the story.

Peoples Pension are building a fabulous business out of auto-enrolment which will help future generations to get better pensions and so enjoy more security in retirement. Gregg McClymont, who runs policy at People’s Pension, is concerned about the pension gaps … Continue reading

Posted in advice gap, age wage, pensions | Tagged , , , | Leave a comment

Seven things to know about the new state pension!

        These charts have been kindly donated by Citywire and their New Model Adviser team (to whom we should be very grateful). Each one of them surprised me. I dedicate this little blog to one of my heroes, Barbara Castle. If we … Continue reading

Posted in auto-enrolment, club pension, NEST, pension playpen, pensions, Retirement, steve webb | Tagged , , , , , , , | 5 Comments