The observation that retirees 'don't have a clue' understates the advice gap rather than member apathy. Generative tools may finally…
I stand corrected. My apologies. The only overrides to that 2007 legislation were during Covid when the earnings link was…
The earnings increases that can now be expected in2027, 2028 and, probably, 2029 are not part of the triple-lock. It’s…
I suspect you mean that the 2.5% floor won’t be the binding element in 2027? The earnings part of the…
Tag Archives: Pension Wise
MaPS faces up to the public as “Moneyhelper”
Introducing MoneyHelper, our new consumer brand, launching from 7 June. Get ready for MoneyHelper using our responses to frequently asked questions, and follow Money and Pensions Service channels for more resources to support you to make the change. https://t.co/tscbcOYE61 pic.twitter.com/LXMHMThqXY … Continue reading
Don’t let this be you.
This is a submission to Government from someone who fell victim to a pension scam. The questions from Government are emboldened, otherwise I have left the statement as it was sent to me. It has been circulated with he intent that … Continue reading
Posted in advice gap, pensions, Pensions Regulator, pot
Tagged IFA, Malta, Pension Wise, QROPS, Scam
2 Comments
No demand, no supply, no advice- wonder why?
No demand? We learn today that advisers are not demanding providers rebate them portions of their client’s funds to pay for their pension related services. This is really odd; as pension funds are tax-advantaged and investors are missing out on tax-advantaged … Continue reading
Posted in pensions
Tagged advice, Demand, Guidance, Pension Wise, pensions, Tad advantaged, Tax
5 Comments
Pension Wise+Pension Dashboard=?
You’ve probably seen the splurge of advertising for Pensions Wise, as it eases towards a new brand. Odd! Someone’s got a budget to burn! In a couple of months we’ll have a new brand and a whole load more rules … Continue reading
Posted in pensions
Tagged advice, Guidance, Margaret Snowden, Pension Dashboard, pension reform, Pension Wise, Treasury
4 Comments
Stop telling people what to do! (Michelle cracks the whip)
If you don’t know Michelle, then you should. She is the living, breathing soul of TPAS, an actuary who has forgotten how to be boring and a restorer of confidence in pensions. As the photos on this blog suggest – … Continue reading
Posted in actuaries, pensions
Tagged Actuary, Aon, Michelle Cracknell, pension playpen, Pension Wise, Pensions Wise, TPAS
2 Comments
My hour with Pension Wise (5 myths dispelled)
Pension Wise is in the news today as it is likely to form part of a new (yet to be named) single advisory organisation covering debt and pensions. At a time of uncertainty, I can add some certainty, the Pension … Continue reading
Posted in pensions
Tagged advice, Guidance, Help, pension, Pension Wise, Retirement, Technology, TPAS
Leave a comment
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
Posted in CDC, David Pitt-Watson, dc pensions, defined ambition, defined aspiration, FCA, pensions
Tagged CDC, collective, Drawdown, FCA, Pension Freedoms, Pension Wise, pensions, Retirement, robo-advice, TPAS, unadvised drawdown
Leave a comment
Getting a proper pension guidance service?
What’s happened to Pension Wise? After all the secrecy and the consultations and the big reveal – the sum impact on our nation’s financial awareness appears hard to measure, as in “hard to discern”. Looking at TPAS’ latest stats, the nation’s … Continue reading
What about a “Retirement Income Alliance”
Malcolm Small is what can best be called an “operator”, a “smooth operator” at that. He is very clear thinking and he presents cautious solutions to big problems in an elegant way. I’ve known him for a few years … Continue reading
Posted in pensions
Tagged Malcom Small, Martin Lewis, moneysavingexpert, Paul Lewis, Pension Wise, pensions, RIA, TPAS
Leave a comment
The FCA report on the use of Pension Freedoms – sad but not shocking.
The data that the FCA supplied last week about the choices people are taking with their retirement savings isn’t surprising – but it’s still shocking! Nearly nine in ten savers accessing their retirement pots under the pension freedoms are using … Continue reading
Posted in pensions
Tagged DWP, FCA, lamborghini, Pension Freedoms, Pension Wise, pensions, Trabant, Treasury
1 Comment
The DWP has responded to calls for the State Pension to be increased to at least £14,500 a year –…