Tag Archives: Pension Freedoms

Frank Field letter to the FT on pension freedoms


Folly of granting total pension freedom is now becoming all too clear This is Frank Field’s letter to the FT , published October 28th. In the context of the Work and Pension Select Committee’s  current examination of pension freedoms, it needs … Continue reading

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A Pension Food Bank for the DC saver


Ok – so it’s not a big news week for pensions , but well done Jack Gilbert of Citywire’s New Model Adviser for getting a meet with Frank Field, and well reported on what I can only call a “welcome … Continue reading

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Cridland and the price of state dependency


  John Cridland’s consultation report into the state pension age, commissioned by Ros Altmann and delivered today, does not say quite what the modernisers wanted it to. Accelerated pension ages and the scrapping of the triple lock deliver a double … Continue reading

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Why we are all regulators


A regulator is generally a device that maintains a designated characteristic in a system. In a financial sense, it ensures that the rules that govern our dealings are understood, maintained and enforced. We have regulation because we value a system … Continue reading

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Are defaults enough? Or do we need compulsion?


  Well I’m back from 10 days in India where I saw the very rich and the very poor but not much in the middle. I saw some very fine architecture which showed me what can be done when people … Continue reading

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Is there any “challenge” to this Pension Dashboard?


I was invited yesterday to the Treasury’s “Challenge Panel” , held to discuss the proposals for the pensions dashboard, a prototype of which will emerge next month. Actually, I wasn’t invited – I went in someone else’s place. I went … Continue reading

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Long term sustainability of DB schemes (First Actuarial bulletin)


First Actuarial publish bulletins helping staff, clients and the wider markets to understand what’s going on. This is the 31st October bulletin. If you’d like to subscribe to this bulletin we will put you on our mailing list – please … Continue reading

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Please don’t die-I was enjoying your annuity!


News that Government has finally put the Secondary Annuity Market down is no surprise. It was one of Steve Webb’s worst ideas and has proved about as popular as Osborne. Economically, the creation of a market in annuities is a … Continue reading

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Floundering in the dark – the PP DC Conference


De profundis It was a beautiful day and it was a great hotel. But I left the Professional Pensions Defined Contribution Conference profoundly depressed. Perhaps I needed  lux in tenebris (see the progress that is being made elsewhere). The problems created … Continue reading

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Good retirement outcomes depend on collective solutions


The FCA have called for evidence on the likely success of our current “at retirement” strategy, this response is consistent with what this blog has been saying for some years, collective problems need collective solutions, the market is not enough, … Continue reading

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