Tag Archives: Retirement

GAD shows you can’t take “company” out of “company pensions” #TATA


So the mysterious volte face by the Government over the Tata Steel pensions rescue package is a mystery no more. The FT, led by super-snooper Jo Cumbo have unearthed the GAD submission to the DWP consultation on solutions to the … Continue reading

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An algorithm cannot lie


  An algorithm cannot lie; it will tell you what you set it to tell you with the data you fed it. It has no choice, it is entirely deterministic;- and yet algorithms can help you lie. Let’s take a … Continue reading

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Too Expensive to Keep? Is it time to break our promises to the baby boomers?


In a stunning lecture delivered without notes to a “senior” audience at the Oxford and Cambridge Club last night, Paul Johnson helped us ask these questions of ourselves. For his audience was by and large – precisely the entitled class … Continue reading

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My pension fund manager – reassuringly boring.


I’ve worked out what I want from the person who runs my pension fund – I want them to be busy doing nothing. That’s more or less what Martin Dietz is doing running the Legal and General Multi-Asset Fund which … Continue reading

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Pension fury from Paul Lewis


It’s worth subscribing to Paul Lewis’ weekly Moneybox blog, delivered to your inbox on a Friday afternoon. This week’s mail addresses a central unfairness; those laying down the law on pensions are sorted , those they tell to “engage” –  face  “glacial”  innovation from … Continue reading

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Financial advice, master or menace?


Which came first, the need or the greed? Old Mutual Wealth (a company that owns one of Britain’s largest financial advice networks and is build a tied network) has commissioned a survey that tells us 90% of those between 30 … Continue reading

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Double Bill; dashboard+transparency


  You wait a summer for the pension policy bus and then two come together! This morning’s the Treasury big reveal when they’ll be rolling out plans for the pension dashboard at Aviva’s Digital Garage in “trending Hoxton”. This afternoon’s the world’s … Continue reading

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Tax-subsidies on retirement advice; a waste of public funds!


The Government intends to extend tax breaks on pensions to allow those with pension pots to use them to pay for advice. The details are in this consultation document. The fundamental premise is that taking financial advice on retirement matters … Continue reading

Posted in advice gap, consultant, dc pensions, de-risking, defined ambition, pensions | Tagged , , , , , , , , | 4 Comments

A tragic tale of a split pension.


    This is the sad story of how someone, intent on running her finances independently of her “ex”, destroyed her personal financial security. It relates to a former member of my family and I am desperately sorry for her, … Continue reading

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Plebicide and Suicide – Con Keating on post-Brexit pensions


In the post-Brexit period, I have listened to no fewer than three investment consultants advocating the immediate hedging of interest rate risk in our pension scheme “as the deficit is likely to blossom in the event of further quantitative easing”, … Continue reading

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