From Department of Labor data, Form 5500 reporting that applies to almost all private sector retirement plans: 1975 Data: About…
This maybe applies to around half of Baby Boomers in the UK, Jack. But only to that generation, of which…
"... most of rely on a state pension and an occupational pension. We still expect a reasonable wage in retirement…
Fair enough. I don't speak from insider knowledge, it's just my perception as an Outsider-looking-in from speaking to scheme members.
Tag Archives: Pension Regulator
“My pension offer” – explaining CDC to a confused sceptic 12 years ago!
This is a blog I published 12 years ago on 28th September 2014. It is now 12 years old and shows that the debate has been broadly the same for some time! Continue reading
Posted in advice gap, auto-enrolment, CDC, pensions, with-profits, workplace pensions
Tagged annuities, Business, Business and Economy, CDC, collective, DC Defined Contributions, Defined benefit pension plan, Drawdown, DWP, Employment, Financial services, flexible drawdown, Flumps, Government, Human Resources, Insurance, NEST, pension, Pension Regulator, Pensions, Retirement
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Quietroom – Retirement Living Standards – are they fit for purpose? This morning 10.30
Coffee Morning – What’s the point of Retirement Living Standards?! CPD included You are cordially invited to attend our next online Coffee Morning on Tuesday 16th June, a conversation with Chloe Taylor CEO of Quietroom When the BBC covered the … Continue reading
Finfluence; a safer way to learn about money?
There has been a lot of discussion this week about whether we should stop the young from watching things on social media. I wonder if the readers of this blog are not prone to spending too much of their time … Continue reading
Posted in pensions
Tagged AgeWage, Business, CDC, CDC Code, DWP, FCA, Financial services, pension playpen, Pension Regulator, Pensions, Retirement, TPR, VFM, workplace savings
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Isn’t “value for money” too late for DC workplace saving?
I enjoyed Kirby Rappell’s explanation of how his firm -” SuperRatings”- has succeeded in Australia providing consumers with value for money ratings on their “pensions”. You can hear him talking to Nico and Darren here on the latest podcast (#142) … Continue reading
Posted in pensions
Tagged AgeWage, Business, CDC, CDC Code, DWP, FCA, Financial services, pension playpen, Pension Regulator, Pensions, Retirement, TPR, VFM, workplace savings
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The pension industry will leave it till 2029 , hoping CDC fails
In focus: Green light for retirement-only CDC Minister for pensions Torsten Bell says: “Too often people approaching retirement are left navigating complex choices and shoulder risks they shouldn’t have to face alone. By expanding CDC to more employers and consulting … Continue reading
Posted in pensions
Tagged auto enrolment, Business, CDC, dc pensions, DWP, Pension new, Pension Regulator, Pensions, politics, Retirement, TPR
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Big clubs and big pensions are winners – but we don’t all support them!
My generation is reaching the end of pension politics. Mark Rowlands was my Friends Provident broker consultant when I was at Gissings in the early 1990s. He’s hanging up his clogs for the final time shortly having eked out his … Continue reading
Posted in pensions
Tagged Business, DWP, National Employment Savings Trust, Pension new, Pension Regulator, Pensions, Retirement
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Right analysis+razor sharp solutions…needed by TPR
The last 7 days have had me listening for 3 hours to a former executive and the current Chair of TPR and I find myself deflated. Here is a former TPR worker on my comments about David Fairs last … Continue reading
Posted in pensions
Tagged Andy Haldane, Business, Business and Economy, dc pensions, Defined benefit pension plan, DWP, Employment, pension, Pension Regulator, Pensions, Retirement, Treasury
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Is Reeves condemning the “de-risking” of pensions?
There has been considerable response to last night’s blog Field called our DB pensions “an economic miracle”….Reeves knows why. It explains how a speech including a call to reinvest pension surpluses in company and economic growth. It’s worth reading and … Continue reading
Posted in pensions
Tagged annuity, Business and Economy, corporate governance, corporate risk, DB, de-risking, Defined benefit pension plan, pension, Pension Regulator, Pensions, TPR, Treasury
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BP show a shameful lack of pension leadership.
There are a handful of British companies that carry our name. They stand for what we used to call the best of British in the corporate place. Among these “British ” Petroleum stands high, it is not- like Shell , … Continue reading
Posted in pensions
Tagged BP, British Petroleum, Business, Business and Economy, corporate governance, corporate risk, pension, Pension Regulator, Pensions, Retirement
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Time for some “hard-working” on VFM – says TPR.
There’s a telling sentence in Nina Blackett’s blog on VFM , published yesterday by TPR In January 2023, we published our joint industry consultation on a value for money (VFM) framework. Now, the FCA, working with TPR and DWP, has … Continue reading
https://jackie125.substack.com/p/scotlands-frosty-response-to-andy