The observation that retirees 'don't have a clue' understates the advice gap rather than member apathy. Generative tools may finally…
I stand corrected. My apologies. The only overrides to that 2007 legislation were during Covid when the earnings link was…
The earnings increases that can now be expected in2027, 2028 and, probably, 2029 are not part of the triple-lock. It’s…
I suspect you mean that the 2.5% floor won’t be the binding element in 2027? The earnings part of the…
Tag Archives: state pensions
Can we guide different savers to their best retirement?
It is good to see sensible people looking at guided retirement from workplace pensions. Here is an example Well I’m grateful for my opinion and from the look of Johan Kriek , I suspect there’s a couple of decades of … Continue reading
Us older folk don’t want the world (or even Greenland).
Thanks to Jonathan Guthrie for lighting up a wet and windy January morning when the thought of a self-assessment hangs over me and I suspect many other older folk. Here is a ray of light! I am not retired but … Continue reading
State Pension at 75 – for sure – but at a cost to social insurance
I have shared some thoughts from experts – not adulterated by my bastardisation, but as they came to me. They are reactions to my blog this morning. This is the tweet of the article in the Times, the tweet by … Continue reading
Posted in pensions
Tagged Andrew Young, Benefit Jack, social insurance, state pensions, UK, US
7 Comments
Under-saving is not an illness
The Automatic Enrolment Bill is no cure for the epidemic of under-saving Sorry Arc Pensions Law, sorry Rhiannon Barnsley, I am sure so sure of your diagnosis, people who don’t save are not sick. Saving is a lifestyle choice and … Continue reading
Pensions – a day working out what matters (and what doesn’t).
There were three events yesterday that made me ask “what matters”. The Rebalance Earth Conference , a “real-life” conference addressed by John Glen and a range of experts engaged in restoring our planet’s natural capital. An SG Conference, focussing … Continue reading
What is MAPS doing for the elderly poor?
Why don’t those poor and old claim their benefits? It’s benefits not savings that top up the in retirement income of millions of British citizens, but the amount of time devoted to benefit take-up (as compared to savings rates) is … Continue reading
Posted in advice gap, age wage, pensions
Tagged MAPS, Pension Credit, pensions, state pensions, Universal Credit
2 Comments
When you’re 64… buy the state pension! (girls buy even earlier!)
I chaired and spoke at a number of retirement income seminars last month – you may have been at one. While I was encouraged by the engagement and education of the audience in financial products, I was frustrated by the scope … Continue reading
Posted in actuaries, annuity
Tagged DWP, GAD, IFA, Income, Inflation, Longevity, Old age, old age pension, Retirement, retirement income, Single state pensin, state pension, state pensions
3 Comments
What do I do with my defined benefit pension?
Many people have defined benefit rights (commonly called “frozen pensions”). Some people continue to build up defined benefit pension rights, most are in Government backed schemes. A large number of people are enjoying pensions from theses defined benefit schemes. … Continue reading
Posted in advice gap
Tagged annuity, Business, Business and Economy, cash commutation, defined benefit, defined benefit pension rights, DWP, Employment, Financial services, Financial Services Authority, Government, National Employment Savings Trust, occupational pension, occupational pensions, partial transfer values, pension, Pension Advisory Service, Pension new, pension playpen, pension rights, pensions, Retirement, state pensions, Transfer values
6 Comments
The DWP has responded to calls for the State Pension to be increased to at least £14,500 a year –…