Tag Archives: Savings
TISA- boring and irrelevant or worth spending time with?
I thought I’d do a blog in two parts this morning. The first represents how I feel about TISA, not as a member but as the sort of person who thinks that money is lazy if it isn’t invested. The … Continue reading
PC1 put pensions back on track. Will PC2 finish the job?
Thanks to Peter Cameron-Brown for reminding me of where the pensions industry was in 2005 when the original Pensions Commission (PC1) was announcing its findings. This is the NAPF’s (now Pensions UK’s) response to “Turner”. Reading it 20 years later … Continue reading
Opt-out payroll savings – easier to save.
Jo Phillips Director of Research and Innovation, Nest Insight After over 3 years of research, analysing over 1 million admin data points, 4 big surveys and hours of in depth interviews, I am so proud to have published the full … Continue reading
Why pension AVCs are back as a top employee benefit.
There are a number of reasons why AVCs are increasingly popular to members of occupational schemes, most of them come down to a dirty three-letter word – TAX. A sensational tax product TAX- Budget changes mean that saving more … Continue reading
“When I’m 65” – poverty’s out of sight – it should not be out of our minds.
The Institute of Fiscal Studies has done some interesting work on poverty amongst people in their mid sixties, with one extraordinary finding. Jonathan Cribb’ work which suggests that people arriving at the end of their working lives are not managing … Continue reading
Posted in pensions
Tagged bridging pensions, IFS, Jonathan Cribb, Savings, small pots, Thomas a Kempis
Leave a comment
We need to take people and their pension savings more seriously.
There is a section of the FCA’s rulebook entitled PERG/8/28 which deals with the vexed subject of guidance and advice. . When answering the question “do you give advice?” PERG/8/28 is helpful. The Pension Advisory Service sees advice as “delivering … Continue reading
Posted in advice gap, pensions
Tagged investment pathways, Savings, taking people seriously
Leave a comment
Workplace pensions fall short over “at-retirement support”
At Retirement Support (with its unfortunate acronym) is not high on workplace pension provider’s priority lists and this is reflected in this survey published by Pensions Expert in an article by Stephanie Hawthorne The survey, conducted by Broadridge, was of … Continue reading
Posted in advice gap, age wage, pensions
Tagged AgeWage, At REtirement, pension, Savings
Leave a comment
Could a wealth tax fix our broken economy?
Britain is broke, for the second time in 12 years our economy has hit the buffers but this time the noises coming out of Government suggest that it is the wealthy who will pay to fix it. This would be … Continue reading
How can savers be encouraged to engage with their savings?
This is the 4th of eight blogs considering the questions put to us by the Work and Pensions Select Committee. Today’s exam question… How can savers be encouraged to engage with their savings? Quick answer; either we can convince … Continue reading
Posted in auto-enrolment, pensions, WPC
Tagged auto enrolment, Dashboard, digital, Engagement, IGC, nudge, Savings, trustee, WPC
7 Comments
The loneliness of the long-distance saver
My heart goes out to Jo Cumbo as she pours over her provider statement. Jo is on the employer governance committee for the FT’s own workplace pension (I won’t mention the contract provider but it’s a household name). Here she … Continue reading
Posted in advice gap, pensions
Tagged Drawdown, jo cumbo, Pension Bee, pensions, Savings, Technology
2 Comments