Tag Archives: Steve Webb

Sexy cash in a vibrant market? You ain’t seen nothing yet!


I’m not quite sure why Money Marketing is reporting man of the people Steve Webb as re-phrasing Bachman-Turner Overdrive’s famous phrase, this way Steve Webb: DB transfer demand? You’ve not seen anything yet Steve is not a linguistic pedant and … Continue reading

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

“Going halves on DB” – the argument for (and against) partial transfers.


(Rival) consultancy LCP and insurer Royal London have joined up to produce a paper calling for it to be mandatory for trustees to provide members with the option to take part of their DB pension as pension and part as … Continue reading

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

NEWS- Saving into a pension is what we WANT to do!


Well you may not find it news, but I do. I started out in 1984 selling pension policies to people who I met in Oxford Street and again at their homes. These people were promised ridiculous returns (13% pa on … Continue reading

Posted in auto-enrolment, pensions | Tagged , , , , | 3 Comments

Steve Webb and the triple lock – muddy waters!


  Here’s that Royal London press release, calling for State Pensions to be reduced and contributions to private pensions to increase. Royal London has set out a three point plan for the key pension priorities of an incoming government, including … Continue reading

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

Snap elections – people – and policy! #GE17


Snapping people The cost of a snap general election will be highest for the politicians, their advisers  and their families who lose their livelihoods on June 8th. It is tough on MPs, especially those who joined since the 5 year term … Continue reading

Posted in dc pensions, pensions, Pensions Regulator, Popcorn Pensions, Public sector pensions, workplace pensions | Tagged , , , , , , , , , , | 3 Comments

Get thee to Yate!


  1.1 And there dwelt in South Gloucestershire, near the towns of Thornbury and Yate a man named Steve; 1.2 and Steve was godly and loved of all who knew him for he had done great deeds in Westminster – … Continue reading

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

Giving the self-employed their “pensions due”.


The budget announcement of a phased 2% increase in Class 4 National Insurance Contributions (NIC)s was generally considered bad politics but could it be good policy? In pension circles, any changes to NICs are regarded as interesting. They fund the … Continue reading

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

Time to dig this Government out of its hole?


Tax, national insurance and pensions policy should be put in a vault marked “toxic” and should be handled with extreme caution. This morning I have three toxic issues to prove my point. The fiasco of announcing an increase in national insurance … Continue reading

Posted in auto-enrolment, NEST, pensions | Tagged , , , , , , , , | 2 Comments

Was DC the only choice for the Tata Steelworkers?


      Speaking on the radio yesterday, John Ralfe called the decision of Tata Staff to accept the loss of future accrual into a final salary scheme in exchange for a 10% contribution into a DC pension fund as … Continue reading

Posted in actuaries, advice gap, FinTech, Jersey, pensions, Pensions Regulator, Politics, pot | Tagged , , , , , , , , , | 1 Comment

Looks like a bolshy new year!


Welcome to 2017 , I’m in a bad mood! I have been struck down with tummy problems and did not join in last night’s festivities. I open my inbox this morning  –  this is what I find! The time for seasonal … Continue reading

Posted in pensions | Tagged , , , , , , , | 3 Comments