Tag Archives: Savings

The key to saving savings – guest blog from Tom Hibbard


    Has the key to the UK’s retirement savings challenge been in front of us for the last decade? An insight into behavioural economics may prove both informative and significant.   Auto-enrolment is now well under way in the … Continue reading

Posted in pensions | Tagged , , , , | 1 Comment

The future of NEST


  NEST has called for people and organisations to comment on what it should do when the initial surge of auto-enrolment is over. We have already seen rivals to Sage suggesting it remain circumscribed to its current limited function. We … Continue reading

Posted in auto-enrolment, NEST, pensions | Tagged , , , , , , , , , , , | 7 Comments

What does milk have to do with saving? Guest blog from Ralph Frank


    Milk is the base ingredient for a range of food products.  Similarly, money is the base for a range of savings products.  The way the milk is treated determines the ultimate form of the food product that emerges.  … Continue reading

Posted in pensions | Tagged , , , | 1 Comment

LISA – genius or gimmick?


There are binary opinions about the Lifetime ISA (LISA), for some it is start of a new era for retirement savings, for others it is a spurious gimmick. The technical facts behind the Chancellor’s announcement in the 2016 Budget are … Continue reading

Posted in LISA, pensions | Tagged , , , , , , , , | 5 Comments

Selling happiness by the pound


    If I was Damian Stancombe, I wouldn’t be talking to me. Damian is a partner at a firm called Barnett Waddingham and I’m forever having a go at his firm. But he’s a tolerant fellow and we still … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , | 6 Comments

Money Box Live this lunchtime- penalty fees on pensions?


I’m more  excited than ever this morning as later I’ll be cycling up to Broadcasting House to talk on Money Box about the Chancellor’s plans to cap early redemption fees on pensions with Claire Trott and Paul Lewis. It’s going to … Continue reading

Posted in pensions | Tagged , , , , , , , , , | Leave a comment

The UK is saving too much…not! (guest blog from RALPH FRANK)


The Office for National Statistics released the latest Quarterly National Accounts during the Festive Season.  These Accounts, covering July to September 2015, reveal that the Savings Rate for households and non-profit institutions serving households fell to 4.4% over the quarter – … Continue reading

Posted in pensions | Tagged , , , , , , | 1 Comment

Why “pensions ISAs” must be more than ISAs


Ros Altmann has recently commented that simply topping up ISAs and calling them “Pension ISAs” is not going to help solve our long-term retirement problems. The danger of using the ISA structure is that it ignores the fundamentals- that people … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , , , , , , , , | 4 Comments

Beyond tax relief – a new savings incentive


In 2002, Ros Altmann wrote a blog, suggesting we move from incentivising pensions savings through tax relief , to a system which targeted those who needed help most- those with low incomes who found it hardest to save decent amounts. … Continue reading

Posted in pensions | Tagged , , , , , , , , | 2 Comments

What’s the point of banks?


News that the HSBC is to slash it’s costs by $5bn. spells trouble for 6,000 British workers and their families. It will probably be seen as good news to the shareholders of the bank but what of the customers? There was … Continue reading

Posted in Bankers | Tagged , , , , , , , , , | 1 Comment