Tag Archives: State Second Pension

There’s a Lamborghini pension in a showroom near you

A universal Lamborghini pension? At a seminar yesterday, Paul Lewis explained to an audience of IFAs that the full new state pension was a Lamborghini pension. What he meant was that if you wanted to buy an equivalent pension from … Continue reading

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Bill Whitehead’s drawers

I wrote last week about why we need a national register of people’s pension pots (not a clearing house or a system of enforced transfers).┬áRe-reading the post, I can see many people will be asking “what is the issue at … Continue reading

Posted in annuity, auto-enrolment, corporate governance | Tagged , , , , , , , | 10 Comments

There are better ways to de-risk than ETVs

The only pension schemes which you cannot transfer out of are the Basic State Pension, State Second Pension and NEST (yes – odd that a DC plan is in that mix). Continue reading

Posted in corporate governance, customer service, dc pensions, de-risking, EU Solvency II, Liability Driven Investment, NEST, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | 13 Comments

fudging, nudging (and attitude budging)

what starts out as a wish to get educated , realises itself in a sales experience and detoriates into disillusionment, is the standard experience of many members of the public. Continue reading

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Coalition – come clean on your plan for our pension.

My criticism of the Green Paper is that while it is long on philosophising on the impact of longevity, the need for fairness and for personal responsibility, it’s short on idntifying the winners and losers in the process.

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Posted in NEST, Nick Clegg, pension playpen, pensions | Tagged , , , , , , , , , , , , , , , , | 6 Comments