Tag Archives: SteveWebb

Give me freedom from this pension freedom!

Here is a snip of information that has shocked and outraged many pension commentators. I will start with some simple advice from the Low Income Tax reform Group (LITR) You may be able to draw money out of your money … Continue reading

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IFS found touching our unmentionables (hands off our tax-free cash)

  “Fiscal purity is admirable – but” Steve Webb, himself once a pensions provocateur at the Institute of Fiscal Studies draws his red lines between his current and former employer! In this article I look at what happens when the sacred … Continue reading

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Is the “Flex first – Fix later” a retirement income product (or just an idea)?

I chaired Phil Boyle’s presentation at the Pension PlayPen coffee morning on Tuesday (19th Sept). It was memorable, mainly for Phil’s measured and good humoured explanation, but for a sense among those asking questions, that we might be seeing the … Continue reading

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Thoughts on the triple lock

There’s no doubt that the unwinding of the furlough presents the Treasury with a technical problem with the triple lock. You can read the details here But that does not mean that the pensions industry can consider the state pension … Continue reading

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All plans off for DB funding proposals

I’m sorry to have missed the FT’s DB funding debate, it sounds like a lively affair! Mercer, the professional services firm, last week estimated the aggregate accounting deficit for DB schemes for the UK’s 350 largest listed companies was £52bn … Continue reading

Posted in actuaries, advice gap, Blogging, dc pensions, de-risking, defined ambition, DWP, pensions | Tagged , , , , , , , | 1 Comment

If not CDC – what?

CDC – flawed in conception Steve Webb told me that when he spoke with Andrew Young, the former Government Actuary for the DWP, Andrew advised him to “think big”. Steve did and he will be remembered not just for the … Continue reading

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