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Tag Archives: pension
The cost today of these reckless budget promises
“It looks like we’re headed for a spiral that we usually see in emerging markets crises, where policymakers struggle to reassert credibility,” Mansoor Mohi-uddin, chief economist at Bank of Singapore. Currency markets are now toying with the idea … Continue reading
Posted in pensions
Tagged Chancellor, Dollar, Kwasi Kwarteng, pension, pound, Sunak, Truss
1 Comment
“Is that all there is?” Doctor’s reaction to yesterday’s NHS pension solutions
Yesterday , Therese Coffey, new to post and sharing her duties as Minister for Health with her being Deputy Prime Minister, laid out her plans to get the NHS back on its feet. We know from the work of the … Continue reading
Posted in pensions
Tagged annual allowance, Lifetime allowance, NHS, pension, sticking plaster, wound
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Gimmickry can’t soothe our pension headaches – and MaPS is no panacea.
Over the weekend , I posted a couple of blogs about the Pension Regulator’s advice to people worried about the cost of living. In summary, the Pension Regulator is saying that people worried about what to do, when considering pausing … Continue reading
Steve Webb and Mother’s Missing £Millions – Pension Playpen – Today!
At today’s Pension PlayPen Coffee Morning event our former Pensions Minister, Sir Steve Webb, will be giving us an insight to a further Government debacle relating to Pensions and Benefits. A new campaign led by Sir Steve Webb has been launched … Continue reading
Equity Release is in its prime – funding retirement many ways.
How pensions are paid from our housing wealth If you get a pension paid by Legal & General, you are probably being paid in monthly charges against other people’s houses. The £400,000, your neighbour borrowed against their £2m property is, … Continue reading
Posted in pensions
Tagged Business and Economy, corporate risk, Employment, Equity release, Financial services, pension, Pension new, Pensions, prime, workplace Pensions
1 Comment
Are payrolls ready for the cost of living challenge?
I’m frustrated reading an article in the FT which contains claims from unions that members of pension schemes are choosing to reduce or stop contributions because of the cost of living crisis. It cites the case of one member … Continue reading
Rishi back as favorite – but watch out for Kemi!
There now appears to be violent opposition to Penny Mordaunt becoming the next Tory leader (and thus prime minister). This is reflected in a change in the odds where both Rishi Sunak and Kemi Badenoch have seen their odds slashed … Continue reading
Pension Bee and the transfer Kerfuffle. Have your say 10.30 Tuesday.
Last week wasn’t just about politics. One of the last tweets Guy Opperman issued in his first term as Pensions Minister was in support of pot to pot transfers , following Pension Bee’s now notorious letter of complaint. Pleased that … Continue reading
Posted in pensions
Tagged DWP, Financial services, Government, pension, Pension new, pension playpen, Pensions, Retirement, Romi Savova
2 Comments
Uber’s reluctant conversion to pensioning their drivers shows “it can be done”.
This morning we are hearing from @The_TUC @CWUnews @CommunityUnion @fsb_policy @Uber @TataCompanies @NatWestGroup and @coopuk as part of our saving for later life inquiry. Learn more here:https://t.co/Gy1WRSXpEE Watch the session here from 9.15am: https://t.co/AtY0lWCOf7 — Work & Pensions Committee (@CommonsWorkPen) … Continue reading
DWP announces “Game on” for savers looking to turn pots to pensions
With immaculate timing, the DWP launched its latest consultation on how to establish the choice architecture and expand the decumulation options for members retiring from occupational schemes. Or to use language that people understand “how we get paid by our … Continue reading