Tag Archives: pension

Annuities – don’t knock ’em!

Unwelcome news for anyone looking to turn their pension pot into a secure retirement income. Rates are down due to low bond yields but also because there’s less competition in the market, following the #pensionfreedoms. https://t.co/NWAqReWjMi — Josephine Cumbo (@JosephineCumbo) … Continue reading

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How payroll won friends and influenced Government

  This is national payroll week so I’m blogging an article I wrote earlier in the summer for Reward Strategy Magazine. Since the end of the auto-enrolment staging period, I have had less day to day interaction with payroll people, … Continue reading

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The cost of turning pot to pension

  I’m pleased to hear that Scottish Widows are planning to open their standard annuity product to the open market (previously only Scottish Widows customers could access this product). Their marketing people tell us It will be available directly from … Continue reading

Posted in actuaries, age wage, annuity, pensions | Tagged , , , , | 4 Comments

No one should ever have to buy a poor annuity again.

I’ve just read an article that could best be described as smug. It’s written by a lawyer in the financial regulation team of Foot Anstey – Alan Hughes. I don’t know Alan but I know his firm and have a … Continue reading

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NEST, technology and personalisation

I really admire this Rowlands chap. I’ve know him for the best part of 30 years and in all that time he has never been anything but a gent. He’s now a Director at NEST and I urge you to … Continue reading

Posted in advice gap, age wage, dc pensions, DWP, FCA, Financial Education, NEST, pensions | Tagged , , , , , | Leave a comment

RBS – thank you very much

Yes you did read a positive headline about RBS and no- it was not written tongue in cheek On Friday last, AgeWage received 62,000 contribution files from RBS’ pension administrator which will allow us to test the algorithm we are … Continue reading

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Get rich slow – especially if you’re Greg and Amber

Congratulations Amber, Greg (and Jayden) In a shameless attempt to attract younger readers to this boring blog, I publish this picture of 16-34s favourite, Greg and Amber. Love Island winners, they’ve dominated the twittersphere for 8 weeks with 4.3m viewers … Continue reading

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“Your pay-rise is a pension rise”

  I often “wake up to money” but not to this! In a discussion about when we last got a pay-rise, one listener mailed in that her boss told her “your pay-rise is a pension rise” It’s the first time … Continue reading

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Getting youngsters saving more

Telling youngsters to save more is a waste of time It’s been a sad 48 hours on twitter watching the wolf pack turn on Paul Claireaux for his cappuccino blog – where Paul postulates that a youngster could have a … Continue reading

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Great Pension Debate 4 – Port Talbot revisited

Al Rush is organising the fourth episode of the Great Pensions Debate. Here – in Al’s inimitable style, is what this is all about. You can sign up for the Great Pension Debate 4 by following this link, all you … Continue reading

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