Tag Archives: PLSA
“Annuities, the least productive way to deliver pensions” – Ros Altmann
Yesterday’s blog which included Mark Ormston’s numbers on the cost of securing the retirement living standards with annuities, got better read than I expected. And it attracted some interesting comments. The blog set out to show just how much it … Continue reading
Mark Ormston on the price of securing “retirement living standards”
When I first read the PLSA’s 2022 update on their “retirement living standards” I queried the cost of securing the balance between a minimum , moderate or comfortable retirement income and what people are likely to get from the state … Continue reading
PLSA’s retirement living standards – a moving target!
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
#PLSAannual22 – another day of chaos.
The Minister of Pensions and Growth took his seat at the PLSA conference at around 11am on 12th October in what appeared to be a fireside chat with the PLSA’s politics person Nigel Peaple. In the three weeks since the … Continue reading
Out from the eye of the storm
Predictably, the PLSA called upon the Bank of England to provide ongoing support for the pension funds which had either directly or through pooled funds, geared up their bond exposure through “borrowing”. “Borrowing” is what the Bank of England thinks … Continue reading
You want “engagement” with pensions? You’ve got it!
For reasons I won’t go into, I had a Teams call at 4.30 yesterday with Fiona Bruce who was “excited” to be talking about pensions. I have to say I was excited to be talking with Fiona Bruce. Fiona … Continue reading
Guy Opperman – the roaring silence
Guy Opperman hasn’t answered one parliamentary question put to him in a week. This is not like him and suggests an uncertainty about his future. Not only he been quiet in parliament but his social media feeds have been silent … Continue reading
Dashboard frustration – have a thought for the consumer!
Pensions minister Guy Opperman has rebuffed concerns over the timescale of the Pensions Dashboards Programme, adding that the project would have moved at even greater speed if he had his way – https://t.co/G60ch5mH33@GuyOpperman @PensionsDboards @TMiddletonFPMI @aca_news pic.twitter.com/frzp14OVJZ — Pensions Expert … Continue reading
BRAVO! PLSA puts “cost of living” top of its Annual Conference agenda!
A few weeks ago , I wrote to the people organising the agenda for the PLSA’s annual conference in October, suggesting they include a session on how we as pension people can help those suffering from the cost of living … Continue reading
The cost of living crisis – and the value of small pots
This IMF chart is (rightly) getting a lot of attention given the UK figures are truly awful. But why are they so bad? Because this is what happens when you add an energy price surge onto a country with our … Continue reading