Tag Archives: pots
Britain moves towards a Retirement Income Covenant.
We learned last week of an important shift in Government thinking on how we turn pots into pensions. If intentions turn to action ,we could be seeing an equivalent to Australia’s Retirement Income Covenant, in the UK within the decade. … Continue reading
Solving the nastiest hardest problem in finance with Arun Muralidhar
Arun Muralidhar is a campaigner for turning pots to pensions and he is speaking on the adoption of his solution – the Retirement Security Bond (RSB) – in countries around the world. He has asked me to publish this … Continue reading
Posted in pensions
Tagged Arun Muralidhar, NEST, Pensions, pots, Retirement, Stefan Lundbergh
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The wonderful visit to OZ – Jo Cumbo reports from a land down under.
Jo Cumbo is an Australian living in England who makes no bones about where her heart is! Been living abroad for two decades but the first glimpse of home soil after a very long flight gets me every time. 🇦🇺🇬🇧 … Continue reading
We’ve mislaid £26bn of pension savings – this is not an imaginary problem!
This blog focusses on a very real problem of perhaps 5% of everyone saving for their retirement. They can’t find their money. I argue that we are obsessed with the imaginary consequences of people taking control of their pension pots … Continue reading
Opperman links launch of 2017 AE reforms to wash-up of small pots
Guy Opperman clearly enjoys twitter, he has mastered the production of a twitter thread (a series of micro-blogs that can develop an argument without fear of interruption). Here is the latest, which while being overly triumphal, contains some strong messages … Continue reading
“Jobsworth” -Con Keating casts doubt on DWP’s lifetime jobs data
Pots of Money? One of the most commonly cited statistics associated with the discussion of small pots and their consolidation is that we hold, on average, eleven jobs in a working lifetime – and that this number is tending to … Continue reading
We need pensions not pots
10m UK pensioners risk running out of money — poll https://t.co/LTEpRsBNXS — Josephine Cumbo (@JosephineCumbo) August 26, 2021 We are busy saving into pots that provide no pensions and turning future pensions into pension pots. Let’s be clear, we are … Continue reading
Three little pots went to market
The point of this blog is to show 1. One way of avoiding the damaging impact of the MPAA on future saving 2. The depth of knowledge needed to make good at retirement decisions (especially where there is no adviser … Continue reading
Posted in advice gap, age wage, Big Government, pensions
Tagged HMRC, MPAA, pension pots, pensions, pots, Tax, Three pot rule, TPAS, Tricial pots
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Death by 10 million pots – how to solve the small pot crisis
There are 10 million new savers into workplace pensions. If every saver changed jobs 10 time, that would mean 100 million new pension pots- unless some means of rationalising pot proliferation can be found. The DWP estimate that by … Continue reading
Posted in advice gap, age wage, pensions
Tagged auto enrolment, Clearing, pensions, pot proliferation, pots, Prisone Exchange, small pots, workplace Pensions
2 Comments