Tag Archives: TPAS
Time-bound decisions; the tough choices facing BSPS members
Supporting the Steel Workers in their decision making Over the weekend I was asked to join two important Facebook Groups, one is for those still working at Tata and the other for former employees, what links them is that both … Continue reading
FCA -If you’re looking for innovation….get real!
The FCA says it has found precious little evidence of innovation from its Retirement Outcome Review. I am not surprised, judging by the people who it invites to its “workshops”, it is looking in the wrong places. It is necessary to … Continue reading
Posted in pensions
Tagged Anthony Morrow, FCA, Innovation, Michelle Cracknell, Paul Lewis, robo-advice, Romi Savova, TPAS
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Advising the 5,000; so where are the loaves and fishes?
The mass market of people retiring over the next few years no default means to spend their money and no access to suitably priced advice. That is the conclusion of the FCA consultation on Retirement Outcomes that has just closed. … Continue reading
Posted in annuity, auto-enrolment, pensions
Tagged advice, FCA, feeding the 500, Guidance, loaves and fishes, robo-advice, TPAS
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A single guidance service
The simple idea of merging the functions of The Pension Advisory Service, Money Advice Service and Pensions Wise under a single “Guidance” banner makes a lot of sense. It acknowledges that the current situation is working too well and supposes … Continue reading
£500 “wealth cheques” written by those “just getting by”.
First the facts The Treasury has upped the amount savers will be able to draw from their pensions to pay for financial advice from £500 to £1,500. In August, the Government set out plans for a £500 “pensions advice allowance” … Continue reading
How to get out of auto-enrolment (without a penalty notice)
As everyone knows – I am a fan of auto-enrolment and have made my living through http://www.pensionplaypen.com helping employers engage with workplace pensions and encouraging compliance. The rest of my blog is not an encouragement to small businesspeople … Continue reading
Posted in pensions
Tagged auto enrolment, director, exempt, NEST, penalty notice, pensions, sole director, TPAS
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Stop telling people what to do! (Michelle cracks the whip)
If you don’t know Michelle, then you should. She is the living, breathing soul of TPAS, an actuary who has forgotten how to be boring and a restorer of confidence in pensions. As the photos on this blog suggest – … Continue reading
Posted in actuaries, pensions
Tagged Actuary, Aon, Michelle Cracknell, pension playpen, Pension Wise, Pensions Wise, TPAS
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My hour with Pension Wise (5 myths dispelled)
Pension Wise is in the news today as it is likely to form part of a new (yet to be named) single advisory organisation covering debt and pensions. At a time of uncertainty, I can add some certainty, the Pension … Continue reading
Posted in pensions
Tagged advice, Guidance, Help, pension, Pension Wise, Retirement, Technology, TPAS
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I’m nearly 55 – here’s what I’m doing for myself!
In this blog, I want to share with you my DIY approach to organising my finances as I approach 55. 55 has become an important year as it is the point when you move into what can best be called … Continue reading
Posted in pensions, Retirement, reward, welfare
Tagged HMRC, LTA, Michelle McGrade, pension, Permanent Protection, planning, protection, Retirement, Scheme, TPAS
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Good retirement outcomes depend on collective solutions
The FCA have called for evidence on the likely success of our current “at retirement” strategy, this response is consistent with what this blog has been saying for some years, collective problems need collective solutions, the market is not enough, … Continue reading
Posted in CDC, David Pitt-Watson, dc pensions, defined ambition, defined aspiration, FCA, pensions
Tagged CDC, collective, Drawdown, FCA, Pension Freedoms, Pension Wise, pensions, Retirement, robo-advice, TPAS, unadvised drawdown
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