Tag Archives: Persnal Accounts
The man from OECD says “guess”
It’s a sobering time for those involved in pensions policy and for those who are trying to advise companies and people in how to organises their finances to meet their retirement income needs. One thing people don’t want to do is guess. They … Continue reading
Posted in annuity, corporate governance, dc pensions, Liability Driven Investment, NEST, OECD, Retirement
Tagged annuity, Australia, Chile, corporate governance, corporate risk, dc pensions, Defined contribution plan, France, Germany, Liability Driven Investment, National Employment Savings Trust, NEST, OECD, Organisation for Economic Co-operation and Development, pension, Pension new, Pensions, Persnal Accounts, Politics, Retirement, Stock market index, United States
8 Comments
The ACA have spoken – the DWP ought to listen
Let’s hope that instead of issuing yet more consultation documents on the policing of the auto enrolment regulations, the Government will , through its key Departments, DWP and the Treasury, start getting us excited about the prospect of this new order. Otherwise this new pension paradigm will degenerate, as its Stakeholder predecessor degenerated, into a fearful, unloved, unadopted and unenforced mess.
Posted in annuity, corporate governance, customer service, dc pensions, de-risking, pensions, Personal Accounts
Tagged annuity, corporate governance, customer service, dc pensions, de-risking, Employment, Financial services, Government, National Employment Savings Trust, pension, Pension new, pensions, Pensions, Persnal Accounts, Personal Accounts, Politics, Public Sector Pensions, Scheme, Tata Consultancy Services, Treasury
15 Comments
Whose NEST is being feathered?
In everyday speak- the early phase NEST default investment approach is patronising nonsense and its only value is to NEST and Government Continue reading
The State can take longevity risk.
There is no evidence that the private sector has found the secret to insuring the cost of people living longer. It has merely found ways of insuring itself against the risks of ruin.
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Posted in ezra pound, NEST, poetry, Retirement
Tagged corporate risk, European Union, ezra pound, Financial services, Government, Life annuity, National Employment Savings Trust, NEST, pension, Pension new, Pension Poverty, Pension Protection Fund, Pensions, Persnal Accounts, poetry, Politics, Private sector, public sector, Public Sector Pensions, Retirement, The PEnsion Regulator
13 Comments
A massive failure of nerve – the sad state of our DC pensions
Last year 460,000 people bought annuities from their DC pensions, Two thirds of these people did not bother to get the best rate for their accumulated funds and as a result suffered on average a 10% lower pension than those who did. Continue reading
Posted in corporate governance, dc pensions, de-risking, EU Solvency II, Fiduciary Management, Liability Driven Investment, NEST, pensions, Personal Accounts, Retirement
Tagged corporate governance, dc pensions, de-risking, Department for Work and Pensions, Employment, EU Solvency II, Fiduciary Management, Hargreaves Lansdown, Liability Driven Investment, Mike Wadsworth, National Employment Savings Trust, NEST, pension, Pension new, Pension Pound, Pension Poverty, pensions, Pensions, Persnal Accounts, Personal Accounts, Politics, Rensselaer Polytechnic Institute, Retirement, Society, Tom McPhail
10 Comments
I’d trust a “contract” but not a “Fiduciary”
The terminology we use “fiduciary, instituional, custody” is not a language that prevails among lay trustees- it is the language of the legal and financial communities. “Fiduciary” in particular is a bad word, as an adjective it denotes “trust and confidence” but intimidates and alienates everyday people- too many vowells, too many syllables and not enough Anglo Saxon gutterality! It says “difficult, opaque and self-absorbed”.
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Posted in dc pensions, de-risking, Liability Driven Investment, Personal Accounts, redington, Retirement, social media
Tagged corporate risk, dc pensions, de-risking, Liability Driven Investment, Pension new, Pensions, Persnal Accounts, Personal Accounts, redington, Retirement, social media
4 Comments