Tag Archives: Pension Poverty
Should employers be bothered about their pensioners?
Seems a stupid question to those of us involved in running defined benefit schemes. Pensioners of defined benefit pension schemes are the happy beneficiaries of their companies foresight and generosity in establishing and maintaining that pension. Organisations that have established … Continue reading
Posted in annuity, customer service, dc pensions, Retirement
Tagged annuity, Business, Compensation and Benefits, customer service, dc pensions, Defined benefit pension plan, Employment, Financial services, Human Resources, pension, Pension new, Pension Poverty, Politics, Retirement, Society
31 Comments
A declaration of belligerence
Today (3oth June) is strike day. It is a general strike by a proportion of society that has seen total personal reward for its labours massively increase over the past fifteen years. The people who will be suffering are members of the … Continue reading
Culling seals
I have a new phrase in my vocabulary which relates to the activities of financial institutions that take advantage of the inertia of customers. I cannot tell you about the context in which I learned about this phrase as I am … Continue reading
Posted in customer service, dc pensions, de-risking, pension playpen
Tagged Chatham House, Chatham House Rule, corporate risk, Culling, customer service, dc pensions, de-risking, Financial services, Insurance, Open Market Option, pension, Pension new, pension playpen, Pension Poverty, Pensions, Politics, Seal hunting
Leave a comment
Unavoidable, necessary and futile – the fight for public sector pensions
Because the unions only speak for those they define as their own – they do not speak for me – nor I for them. Continue reading
Posted in dc pensions, Liberal Democrats, NEST, Nick Clegg, pensions, Retirement
Tagged Bryn Davies, Chief Secretary to the Treasury, Danny Alexander, dc pensions, Dorset, Dorset County Council, Economics, John Denham, Labour, Liberal Democrats, Liberal Party of Canada, Methodism, NEST, Nick Clegg, Pension new, Pension Poverty, pensions, Politics, Public Sector Pensions, Retirement, Society, Tony Benn, Trade union
1 Comment
CDC pensions could happen – if we put our minds to it.
960,000 people reach 65 in this country this year- the first of a series of baby-boom Tsunamis; we have laid out the retirement carpet for them, but the carpet’s faded and full of holes Continue reading
Why your personal pension/FSAVC may be worthless.
The question that the insurers and possibly the law courts need to answer is whether they will compensate their policyholders for mis-buying?
Continue reading
Posted in customer service, pension playpen
Tagged Business, corporate risk, customer service, Economics, Equitable Life, Equitable Life Assurance Society, Financial services, Insurance, National Employment Savings Trust, pension, Pension new, pension playpen, Pension Poverty, Pensions, Policy, Politics
8 Comments
Coalition – come clean on your plan for our pension.
My criticism of the Green Paper is that while it is long on philosophising on the impact of longevity, the need for fairness and for personal responsibility, it’s short on idntifying the winners and losers in the process.
Posted in NEST, Nick Clegg, pension playpen, pensions
Tagged Consumer price index, Flat rate, Green paper, Hargreaves Lansdown, Means test, National Employment Savings Trust, National Insurance, NEST, Nick Clegg, Outsourcing, pension, Pension new, pension playpen, Pension Poverty, pensions, Personal pension scheme, State Second Pension
6 Comments
The DB Phoenix
Things are pretty grim in DB land just now. The 3% hike in personal contributions to public sector pensions is likely to accelerate the trend for individuals to opt-out of DB leaving these schemes derelict. The anticipated abolition of contracting out from … Continue reading
Posted in corporate governance, pensions
Tagged Ammunition, corporate governance, corporate risk, Employment, ezra pound, Financial services, National Employment Savings Trust, pension, Pension new, Pension Pound, Pension Poverty, Pension Protection Fund, Pensions, pensions, Phoenix, Phoenix Arizona, public sector
Leave a comment
What we can and cannot do (to provide our staff with better DC pension outcomes)
The Pensions Regulator has challenged us to establish what can practically be done for staff with DC pensions.
Continue reading
Posted in annuity, corporate governance, dc pensions, de-risking, NEST, pensions, Retail Distribution Review, Retirement, twitter
Tagged annuity, corporate governance, corporate risk, dc pensions, de-risking, Defined contribution plan, Economics, Employment, European Union, Financial services, Life annuity, National Employment Savings Trust, NEST, pension, Pension new, Pension Poverty, Pension Protection Fund, pensions, Pensions, Public Sector Pensions, Retail Distribution Review, Retirement, The Pension Regulator, twitter
9 Comments
Tell them the truth (a ridiculous notion)
However, it would lead to the kind of engagement between staff and retirement that is needed if we are to move forward from the current deadlock of distrust.
Posted in EU Solvency II, NEST, pension playpen, Personal Accounts, Retirement
Tagged Business, Company, Employment, EU Solvency II, Financial services, Insurance, National Employment Savings Trust, NEST, Old age, pension, Pension new, pension playpen, Pension Pound, Pension Poverty, Personal Accounts, Public Sector Pensions, Retirement
7 Comments