Tag Archives: pensions
The state of USS is the state of us.
In normal times, USS reporting itself to the Pensions Regulator for being under-funded would be considered a major news story. But what Jo Cumbo reported as happening yesterday is not headline news, it is a sideshow to what is being … Continue reading
Posted in accountants, actuaries, advice gap, age wage, pensions
Tagged Bill Galvin, jo cumbo, pensions, state of us, USS
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A radically simple solution to dashboard delivery.
Pension Bee has produced two important papers in the past week. The first is its response to the FCA’s call for input on Open Finance The second is yesterday’s public call to action to bring open pensions as part of … Continue reading
Posted in age wage, pensions
Tagged AgeWage, AgeWage Pension Bee, DWP, FCA, open finance, Open Financee initiative, open pensions, Pension Bee, pensions
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Progress in uncertain times #PLSAinvest20
Democracy 1 – Digital 0 The PLSA’s investment conference made it to its end without drama and with considerable dignity. Emma Douglas’ question took on a new meaning as it turned out many “delegates” never got north of the border … Continue reading
COVID-19 – an actuary’s view
This blog displays part of an article by Matthew Edwards of Willis Towers Watson. You can read the full original through the link in the tweet below. Thanks To Matthew and WTW “In an ideal world, actuaries would wait for … Continue reading
Posted in advice gap, age wage, pensions
Tagged Covid-19, Matthew Edwards, pensions, Stuart Macdonald
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Client onboarding & the cost of advice
Heather Hopkins explains why we need open finance. A debate erupted between Henry Tapper and Rob Reid recently on Twitter, which came down to a stat published by NextWealth: it costs £1,500 to onboard a client. Henry asked “are advisers who charge less … Continue reading
Resilience.
A different perspective? The FTSE is on sale…… pic.twitter.com/KcdNv0vTG4 — Holly Mackay (@HollyAMackay) March 9, 2020 I am sure Holly’s graphic shouldn’t be taken as financial advice , though some will try to catch a falling knife. We have no … Continue reading
Posted in advice gap, age wage, Blogging, BSPS, Consolation, defined ambition, pensions
Tagged CDC, DB transfers, pensions, Port Talbot
3 Comments
This General Levy hike is a tax on the poorest savers – are they getting VFM?
The PLSA are on the money here. The General Levy will end up being paid for by ordinary savers of large workplace pensions . NEST has 7.5m of them, Peoples Pension has 4.5m NOW has 2m of them , Smart … Continue reading
Posted in age wage, pensions
Tagged general levy, MAPS, pensions, Stephen Timms, Work and Pensions Select Committee
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Pension Gender Gap; let’s change unfairness – not inequality.
Scottish Widows defines “The gender pension gap” as the difference between the average female and male’s savings for retirement. That’s an insurer’s way of looking at pensions. I suspect that most people at retirement see retirement in terms of savings, … Continue reading
Posted in age wage, pensions
Tagged gender pay gap, Gender pension gap, NPA, pensions, Ros Altmann, Scottish Widows
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Are employers able to “know their workplace pension”?
Are employers the provider’s clients? In financial services, the client is the entity that takes the decisions on where the money goes. Whether we define “money” as “pension contributions” or “fees paid”, the employer is seen as the client. It … Continue reading
Posted in advice gap, age wage, pensions
Tagged AgeWage, FCA, GPP, master trust, pensions, Tesco, Value for Money, VFM
2 Comments
Investment; Nobody’s sharing your pain but you.
“Everyone wants to know you when the market’s rising, but when it falls, you’re on your own”. That’s the comment of one of my friends who’s been trying to talk with his wealth manager over the past week. Right….that’s it … Continue reading
Posted in age wage, pensions
Tagged Boring Money, charges, Holly Mackay, pensions, Transparency, Value for Money
2 Comments