Tag Archives: Pension Freedoms
From rose garden to beer garden (freedoms- pensions and otherwise)
The Rose Garden speech of Kier Starmer introduced the concept of financial pain in October. Part of this pain may be about restrictions in the flexibility with which we can withdraw our pensions (without the pain of sharing with the … Continue reading
Have pension freedoms “benefited” the poor?
Gareth Morgan has written to us via linked in to remind us his submission to the Work and Pensions Select Committee is now public . You can read it in full here bit.ly/3d9PpyW There were 54 written submissions but only … Continue reading
Posted in pensions
Tagged Gareth Morgan, Pension Credits, Pension Freedoms, Stephen Timms, WPSC
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Is the pensions consumer “taking a journey” of just along for the ride.
For the first time in a few years, I took a weekend off blogging and spent Saturday on the river with new friends. Sunday gave me some time to think about the Pension Regulator and the FCA’s joint call for … Continue reading
The ten big pension questions
These are ten big questions facing pension professionals and its public today. They are the questions in the Work and Pensions Select Committee’s inquiry into the Pension Freedoms and they are worth your consideration. They concern the decisions we … Continue reading
Stop blaming freedom (for pension scamming)!
There are many things that pension freedoms have brought us and one of them is the pail of hogwash that they’ve opened the door to pension scams. This is the line peddled by the FCA’s new CEO Nikhil Rathi at … Continue reading
Why I don’t support LCP and Royal London’s calls to boost DB transfer advice
LCP and Royal London jointly presented to an audience of 300 industry professionals yesterday on the vexed topic of “helping members get transfer advice”. The webinar can be watched here and as you’d expect from these organisations, this was … Continue reading
Posted in advice gap, age wage
Tagged #pensions, CETV, DB transfers, Pension Freedoms, Pensions
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Don’t cash-out your pension #buildbackbetter !
This blog is about how we make sure we have enough cash to pay the bills (including the butcher’s bills) Cashing out pensions – the lure In its recent policy statement (P20/6), the FCA leaves two carve-outs (loopholes) for advisers … Continue reading
Posted in advice gap, age wage, Australia, auto-enrolment, pensions
Tagged Australia, Cash-out, Encashment, HMRC, Pension Freedoms, pensions, Super
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How are your staff’s pensions getting on?
If you remember back to the mid part of this fading decade, one of the issues facing the 1.4m employers who had to stage auto-enrolment, was which workplace pension to choose for your staff. If you were part of … Continue reading
Posted in age wage, open finance, Payroll, Pension Freedoms, pension playpen, pensions
Tagged NEST, Payroll, Pension Freedoms, pensions, Peoples
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“Five years of freedom” – is evolution enough?
The Defined Contribution Investment Forum have commissioned an excellent body of research from Richard Parkin and Ignition House. The result is a packed report running to over 60 pages that provides a new insight on the problems individuals are facing … Continue reading
Posted in advice gap, age wage, CDC, pensions
Tagged CDC, DCIF, Evolution, Freedoms, Igntion House, Pension Freedoms, pensions, revolution, Richard Parkin
3 Comments
Pension tax transparency a long way off
The malaise with pension taxation goes much deeper than the immediate symptoms, the complexity of the Annual and Lifetime allowances, the obscurity of the money purchase annual allowance and the perversity of the running both net pay and … Continue reading
Posted in pensions, steve webb, Treasury
Tagged Freedoms, HMRC, HMT, Pension Freedoms, pensions, Tax, tax relief
2 Comments