Tag Archives: pension

PLSA’s retirement living standards – a moving target!

Posted on January 13, 2023 by henry tapper

This year’s update on our need for retirement income if we are to have a basic , moderate or comfortable lifestyle is really valuable. The headline finding is that the cost of living crisis adds up to a 20% greater … Continue reading →

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Were the French mis-sold retirement?

Posted on January 10, 2023 by henry tapper

It was the great promise of my youth, that if I worked and saved, it could all be over by 60 with the rest of my life to play. Childish maybe – but we were told that technology would set … Continue reading →

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No crocodile tears over falling contributions – please!

Posted on December 29, 2022 by henry tapper

In a lachrymose display of virtue signalling, the PMI reports that many employees are either reducing contributions to workplace pensions or thinking of doing so. This is neither surprising or regrettable, people need to take pension holidays from time to … Continue reading →

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Stefan Lundberg on the Pensions Dashboard

Posted on December 27, 2022 by henry tapper

Over Christmas, I have been running a series of blogs I’ve selected from my linked in feed as examples of “good thinking”, they’ve all been from Stefan Lundbergh, who is a good thinker. But sometimes, good thinkers can think themselves … Continue reading →

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Should there be an initial conversion rate to turn pot to pension?

Posted on December 5, 2022 by henry tapper

According to the FCA’s Retirement Income Study, the average drawdown rate used by non-advised savers is 8% pa. This is almost certainty driven by need rather than sustainability and the great thing about drawdown is it meets people’s needs. The … Continue reading →

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Capturing the prize – or why you shouldn’t bet money you don’t have!

Posted on November 26, 2022 by henry tapper

    Was the  football side that beat Iran 6-2 an average team that played well or was the that drew with the USA a good team that played poorly? Our view of the England’s performance in the world cup … Continue reading →

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LDI – the full unexpergated story

Posted on November 25, 2022 by henry tapper

This is a text of an after-dinner speech I gave to the Pensions Network on Thursday November 24th. Our story begins in 2004 when the UK adopted an accounting standard that discounted pension scheme liabilities to the AA Corporate bond … Continue reading →

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Why the time for a new type of pension is NOW!

Posted on November 14, 2022 by henry tapper

Tomorrow (Tuesday 15th) I will be talking with Simon Eagle of Willis Towers Watson on what a new pension based on CDC principles but open to anyone with a DC pot that can be drawn down. Go to http://www.pensionplaypen.com , … Continue reading →

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“Are unregulated consultants to blame for the LDI crisis?”

Posted on November 13, 2022 by henry tapper

Good morning and welcome from sunny Paphos, set in the eastern mediterranean, a hop and a skip from Lebanon, Israel and Palestine. If you begrudge me a week of leisure then I’ll tell you I’ve paid for it through the … Continue reading →

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Nihilism has no place in CDC pension policy

Posted on November 10, 2022 by henry tapper

This tweet is nihilistic and wrong And, of course, any #CDC scheme which lost 11% of assets in the last year would now be cutting real target pensions and PENSIONS IN PAYMENT by 11%. = #CDC is a complex and … Continue reading →

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