Tag Archives: Treasury

On state pension conspiracy theories.

Two and a quarter years late, this blog is an answer to Ruth Gilbert’s question. I’m not sure why it has re-emerged on my timeline, but now is a good time to get a layman’s assessment of what we can … Continue reading

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Who pays the £200bn bill to protect our state pension?

  First they suspended the triple lock The triple lock has been in place for over 10 years, here is now it has done so far. The Government afforded these increases out of revenues and have made successive promises to … Continue reading

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KEEP CLEAR- unexploded pension bomb

The DWP’s full frontal assault on poor value occupational pensions will be launched shortly.  The intent of Guy Opperman and his policy team at the DWP is to consolidate the occupational DC pension market with intent to improve member outcomes. … Continue reading

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What’s the Long Term Asset Fund and will it work?

The ‘Long Term Asset Fund’ (LTAF) will be launched within the year to provide long term alternative and innovative investments. I’m quoting here from a paper send by my Swedish friend Per Andelius and written by the lawyers CMS The … Continue reading

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Are unicorns just for little girls?

I don’t often agree with my friend Steven Groves (at least not on social media) but we found common ground yesterday after I argued that the charge cap needs a carve out to accommodate performance fees when something goes really … Continue reading

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24 hours to save pensions from Treasury nutters

  We have known some time that the minimum age at which most people can access their pension savings will be moving from 55 to 57 and will probably be pushed back again as life expectancy continues its remorseless progress. … Continue reading

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The Chancellor’s listening – are you? (a shouty blog)

You asked for it. We arranged it. Clubhouse with the Chancellor @RishiSunak and some special guests. 4.30pm tomorrow. More details here: https://t.co/jsEweOnIc7 pic.twitter.com/KkqnuIRW6H — Coadec (@Coadec) March 24, 2021 I’m certainly going to be on this call and listening to … Continue reading

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Why “pension raids” are not the priority for the Treasury

Yesterday’s “Tax-Day” came and went without a headline grabbing announcement on personal tax relief. I liked this reaction published in Professional Pensions Quilter tax and financial planning expert Rachael Griffin said the announcements were “a bit of a damp squib, … Continue reading

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The end for small DC trust-based schemes?

  My old firm, First Actuarial have published a  timely bulletin to its clients which I’m drawing on here. It gives me the title for this blog and sets out the issues troubling Government in a clear and formal way. … Continue reading

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Underpayments of the State Pension estimated at £2.7bn.

In May last year, former Minister Steve Webb, now a partner with actuarial practice, Lane Clark and Peacock, launched a calculator to help the nation’s Grannies work out if they were entitled to more state pension than they had received.. … Continue reading

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