Tag Archives: small pots

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

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Millions may have small pots, but thank God they have!

Occam Investing – thanks! Occam Investing is a blog I thoroughly recommend. Its author is anonymous but  highly qualified, meticulous in the presentation of his/her work and the narrative is relaxed, personal and pitched at those (like me) with little … Continue reading

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We need courage not legislation – to sort out small pots

    Dress it up as the industry may, the progress report of the Small Pots Working Group is a disappointment. The Group was set up to find a working solution that commanded consensus from the ABI, PLSA and the … Continue reading

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“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

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Let my pension-pot go!

  Small pots initiative derailed by lawyers and marketeers How many people think they are going to retire at 55. How many people with a small pension pot of less than £1,000 think that it will allow them to pack … Continue reading

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Savers suffer as providers throw rocks at each other

  New research from Steph Hawthorne on behalf of the FT’s Pension Expert shows that nothing has changed from the data published by the DWP (except Smart aren’t sharing data with the FT) Here is the DWP data, based on … Continue reading

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Pension trade bodies vie for “tallest dwarf”.

On December 17th, the DWP reported on the findings of its small pots working group, the report was accompanied by press releases from the various participants in a competition to find the tallest dwarf. I am sorry to write ill … Continue reading

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The small pots working group find a progressive way to grasp the nettle

  Almost as important as its findings, the constitution and delivery of the small schemes working group is an exciting foretaste of a new way of working for the DWP and its pension policy unit.  The 86 page report that … Continue reading

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Respect small pension pots, they simmer our dreams

I was lucky to be invited to listen to Chris Curry yesterday at a DWP convened meeting to think about the issues around small pots. Much of the information discussed was proprietary to the DWP so I can’t share the … Continue reading

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Dashboards aren’t the “small-pot fix” some claim

  The ABI want us to consider pension dashboards as a means to consolidate small pots Imperative for any solution … is for government to prioritise delivery of commercial and non-commercial pensions dashboards to spur pension scheme members to consolidate … Continue reading

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