Tag Archives: state pension

The nations wealth is in pensions but not in DC pots

Private pension wealth is the largest component of household wealth, marginally bigger than total property wealth, and its value has increased by more than that of property wealth too. This reflects a slight cooling in the housing market, while the … Continue reading

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Chile’s pension expectations dashed – what can we learn?

In the early 1980s Chile became the first OECD nation to switch from a Pay as you go pension system to a system dependent on private pensions. True the long-tail of state liabilities isn’t due to end till 2045 but … Continue reading

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Jo Cumbo has a plan (well she will do soon!)

It’s good to hear from Jo Cumbo that she’ll be turning her retirement savings into a retirement plan. I hope this link works for you (purchased at considerable expense by me). If it does, you can read for yourself how … Continue reading

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Will the retirement you get – be the retirement you want?

This morning I’m speaking on Radio Kent about why more people are working well into their late sixties, a fact established by some report which I assume has been offered the BBC (but not me – yet!). It should come … Continue reading

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“How can I have my money back” – the question pension savers dare not ask!

Here is the first page of the two page illustration suggested by Ruston Smith and Quietroom. I will say again that I am impressed that Ruston Smith and Quietroom have got consensus from a variety of regulators to get their … Continue reading

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How certain are my client’s state benefits?

The old adage “there’s nothing certain except death and taxes”, sadly did not include pensions, not even the state pension. Behavioural science suggests that the further we look into the future , the more we crave the security of certainty. … Continue reading

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Flunking financial literacy – it’s a global thing!

Amin Rajan is a clever man and he has written a very good article in the FT that starts The UK Financial Conduct Authority’s recent exposure of the abuses around the 2015 pension freedoms that enable people to cash in their gold-plated … Continue reading

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Portals for show, pensions for dough

    The Pension Dashboard is under pressure. Having lost its sponsor, Simon Kirby MP in this summer’s election, early-day momentum is running out. The ABI are clearly fed up and are now calling for Government intervention if they are to … Continue reading

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WASPI’s drowning out another minority – those who stayed “in”.

There is a second WASPI petition. There’s a new #WASPI petition – please sign it! Currently at 11k signatures… How soon 100k? https://t.co/ijhUQohWtk — Sarah Pennells(@Savvy_Woman) September 13, 2017 The WASPI women are well organised and have a widening support … Continue reading

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Actuaries! Talk with us – don’t argue with each other.

  There’s a  silly letter in the FT this week which I print in full.  Sir, Jo Cumbo’s report “Mortality update bodes well for pension deficits” (May 4) refers to an assertion by PwC that slowing mortality improvements could reduce UK … Continue reading

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