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: Torsten Bell
The guilt we have with pensions is like our guilt about the gym – Torsten Bell
It’s good to see the Pensions Minister sees the problems with pensions like our problems with going to the gym. We know we should get stuck in but… Continue reading
Torsten Bell on GDP, fertility, growth and happiness
This blog was first published here We’re three weeks in for Charting the Course. Thanks for reading. The first two weeks were on the serious side – digging into what is going on with the UK’s labour market and public … Continue reading
What does Torsten think of the NEET numbers?
Yesterday , there was more information published on NEETS. A NEET, an acronym for “Not in Education, Employment, or Training“, is a person who is unemployed and not receiving an education or vocational training. The classification originated in the United Kingdom in the late 1990s Here is our … Continue reading
Can firms reorganise to realise the potential of AI?- Asks Torsten Bell
Interesting that Torsten Bell, an economist , is looking to the potential of AI for UK growth Interesting (as always). Argues that strengthening evidence of AI making individuals more productive at specific tasks is not (yet) driving the relatively … Continue reading
Is the pension industry really aligned with the Pensions Minister?
I thought we were to get comment from Pensions UK on Torsten Bell but it turned out an advert. I find a lot of what I read is no more than advert for conferences and that conferences are just adverts … Continue reading
Posted in pensions
Tagged CDC, David Pitt-Watson, Deferred Pay, Income, Lord Pitt Watson, Pensions UK, Retirement Wage, Torsten Bell
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Torsten Bell back as Pensions Minister
The announcement is brief but important The man who brought us the Pension Schemes Act and UMES CDC legislation and has been important in last Autumn’s budget. Rather more committed to this role than some had expected, Important as new … Continue reading
Posted in pensions
Tagged David Pitt-Watson, Minister, MP, Pensions, Stephen Timms, Torsten Bell
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Confusion ABOUT Torsten Bell but certainty FROM him about pensions
Am I the only reader of Corporate Adviser over how they know there is a Bell in the cabinet? If that “Bell” is Torsten Bell, he has neither joined nor remains in the cabinet. My friend Tom McPhail is as … Continue reading
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Tagged Bell, Cabinet, McFadden, Pensions, State Pension Age, Torsten Bell
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Timelines for DC, CDC and DB to deliver income with VFM
Not much policy can have ambition to “chart the course to a pensions system fit for the 21st century“. That’s how Torsten Bell talks of his workplace pension work. Here is what the charting of the next ten years looks. … Continue reading
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Tagged DWP, pension, Pensions, Pot, Scale, Torsten Bell, workplace Pensions
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Changes for turning pots to pension and getting scale for workplace pensions.
Not much policy can have ambition to “chart the course to a pensions system fit for the 21st century“. That’s how Torsten Bell talks of his workplace pension work. Here is what the charting of the next ten years looks. … Continue reading
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Tagged pension, Pensions, Pot, Scale, Torsten Bell, workplace Pensions
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The DWP has responded to calls for the State Pension to be increased to at least £14,500 a year –…