Tag Archives: public sector
Public sector worker? Two great ways to boost your pension.
This chart is from LCP’s excellent paper “the ski-slope of doom” which explains that a generation of workplace savers employed in the private sector will no longer be getting DB pensions but inferior DC pots (which they will have to … Continue reading
Posted in pensions
Tagged AVC, AVC Wise, Jeff Houston, LGPS, Pensions, public sector, Shared cost
7 Comments
McCloud and member choice
It has been a big week for public sector pensions. Hot on the heels of the Government’s decision not to grant high earning NHS members pension freedoms, it announced yesterday how it was going to manage member choice for the … Continue reading
A gentler way to talk about pensions
Yesterday afternoon I had a chat with Glyn Jenkins. Most of my conversations with Glyn over the years have been in the bar of Unison’s Marylebone’s offices. Glyn is old school and that means he prioritises people. This chat … Continue reading
Posted in advice gap, Pension Freedoms, pensions, Personality, Public sector pensions
Tagged Gentle, Glyn Jenkins, public sector, Public Sector Pensions, UNISON
1 Comment
Pension = Wage for life
Sloppy journalism confusing readers. A quick scan of the Daily Telegraph’s Money Pages leaves me hopeless at its hapless reporting of pensions. Somebody should sit down with the whole personal finance team and read them the riot act. Take Mike … Continue reading
Posted in actuaries, advice gap, pensions
Tagged CWU, dumbing down, pension, Philip Hammond, public sector, Salary, Wage for life
4 Comments
The transfer mess gets worse…
It’s been some weeks since I wrote about transfers. To recap, I have been predicting a seizure in the transfer market , resulting from high demand, low-advisory capacity and pipes blocked with regulatory effluent. So it doesn’t come as a … Continue reading
Posted in Treasury, trustee
Tagged Actuarial science, advice, annuity, auto enrolment, Business, corporate governance, Financial Services Authority, London, Pension Poverty, Pension Protection Fund, Pension Regulator, pension transfers, pensions, Politics, public sector, Public Sector Pensions, Retirement
10 Comments
Pension PlayPen’s response to the Treasury on pension tax-relief
The Treasury has asked eight great questions which go to the heart of how we incentivise pension saving. Here are our responses. We haven’t formally sent these responses to the Treasury yet, so if you have any comments, please send … Continue reading
Posted in pensions, Pensions Regulator, Public sector pensions
Tagged auto enrolment, Business, Business and Economy, corporate governance, corporate risk, dc pensions, DWP, EET, Financial services, Government, HMRC, occupational pensions, ocnsultation, pension, Pension new, pension playpen, Pension Regulator, pensions, Politics, public sector, Public Sector Pensions, Retirement, Steve Webb, tax relief, TEE, The Treasury
1 Comment
How pensions restrain public sector pay and services.
The latest discussions about how we will manage the nation’s finances are focussing on public sector pay.Nick Clegg tells us that his party will make sure wages would rise in real terms for two years from 2016, and then … Continue reading
LTA exposes the DC horror-show.
Because I am on holiday, I am reading the Sunday Papers. Someone has bought the Sunday Times which I haven’t read for at least 2 billion years. I’m left with the business pages and two articles by Ian Cowie about … Continue reading
We need a tank to get us across this battlefield!
We must dispel myths we have created and allow to malinger to the detriment of CDC and our pension system. Continue reading
Posted in pensions
Tagged Ann Begg, Business, Business and Economy, CDC, corporate governance, Dame Ann Begg, Defined benefit pension plan, DWP, Employment, Financial services, Government, National Employment Savings Trust, pension, pensions, Politics, public sector, Public Sector Pensions, Retirement, Select Committee, Steve Webb, tanks, ww1
1 Comment
Will pension freedoms be the death of Defined Benefit?
I thought it was the last supper (or at least the last pension playpen lunch). We had twelve men around the table (no women) and there was sombre expectation as we considered the impact small changes in tax legislation … Continue reading
Posted in advice gap, pension playpen, pensions, Pensions Regulator
Tagged annuity, Business, Con Keating, dc pensions, defined benefit, defined benefit pension, Defined Contribution, Freedoms, Government, last supper, pension, Pension Freedoms, Pension new, pension playpen, Pension Protection Fund, Pension Regulator, pensions, Politics, ppf, public sector, Public Sector Pensions, Retirement, state pension, Steve Webb
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