Tag Archives: pensions

How do you choose your pension drawdown provider?

Posted on February 20, 2019 by

Between 94% and 75% of us (depending on which official estimate you follow), are not paying for advice. Unadvised drawdown is likely to become more common – unless the mass market advice market revives. Although the banks and insurers are … Continue reading →

Posted in advice gap, age wage, pensions | Tagged , , , | 2 Comments

“I couldn’t afford a pension”.

Posted on February 18, 2019 by

  In my book of objections, supplied to me the first brokerage I sold for, the “I can’t afford it” objection sat at the top of the list. We were told to ask the customer “can you afford not to … Continue reading →

Posted in advice gap, auto-enrolment, pensions | Tagged , , , , , | 3 Comments

Pension dashboard stitch-up exposed!

Posted on February 16, 2019 by

I find myself the horns of a dilemma. I violently disagree with the ABI, Origo and at least two of the big master trusts. In particular I disagree with People’s Pension, who normally I agree with and Gregg McClymont- one … Continue reading →

Posted in age wage, Dashboard, pensions | Tagged , , , , , | 2 Comments

What happens to the money I pay into pensions?

Posted on February 15, 2019 by

AgeWage have been asking this question to people where WeWork. If you don’t know about WeWork, it’s the largest of a number of co-working spaces that you can find in London, around Britain and all over the world and some … Continue reading →

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Now and then.

Posted on February 14, 2019 by

It all started so well – and ended so sadly. Yesterday NOW’s owner, the Government backed Danish Pension Fund announced it was selling it’s UK master trust to Cardano, the Dutch Fiduciary Manager. NOW were the first organisation to seriously … Continue reading →

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How do we use our IGCs?

Posted on February 13, 2019 by

My key words in the title are “we” and “our”. The Independent Governance Committee’s set up as a result of the failings in contact-based workplace pensions identified by the OFT, are for us – the consumer. They were not set … Continue reading →

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It’s employers that did it! Rudd should be thanking them for “her” policy success

Posted on February 12, 2019 by

      I’m pleased to see that attempts to re-write history by the Conservative party have been foiled by the ever-vigilant Cumbo. These were not @conservative party reforms. Automatic enrolment resulted from a cross-party consensus and was introduced by … Continue reading →

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Who are these pension delinquents?

Posted on February 11, 2019 by

Pension delinquents The weekend has seen a fair bit of interest in pension saving. This morning’s Wake up to Money featured Ros Altmann celebrating 10m new savers auto-enrolled into workplace pensions. Sunday’s lead story was Amber Rudd’s threat that she … Continue reading →

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Rudd’s posturing – no help at all

Posted on February 10, 2019 by

When BHS went belly up, this blog pointed the finger of blame at Philip Green for putting dividends before the pensions of the staff who earned him them. Green coughed up over £350m and the BHS pension scheme restructured into … Continue reading →

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Trustees and transfers

Posted on February 9, 2019 by

Jo Cumbo’s article in Pensions Expert on contingent charging takes a dim view of trustee behaviour to date. Her idea that advice to stay in a DB scheme could be paid for by docking the original pension has got some … Continue reading →

Posted in advice gap, pensions | Tagged , , , , , , | 3 Comments