Tag Archives: Wealth

A progressive way to talk about pensions

Posted on December 27, 2019 by

A progressive approach to workplace pensions Yesterday I talked about the importance of reporting, both to and from employers. Employers want to understand how their workplace pension is working and savers want to know how their money is doing. The … Continue reading →

Posted in Payroll, Pension Freedoms, pensions | Tagged , , | 2 Comments

The nations wealth is in pensions but not in DC pots

Posted on December 8, 2019 by

Private pension wealth is the largest component of household wealth, marginally bigger than total property wealth, and its value has increased by more than that of property wealth too. This reflects a slight cooling in the housing market, while the … Continue reading →

Posted in advice gap, age wage, pensions | Tagged , , , , , , | Leave a comment

Happy being part of the crowd!

Posted on July 26, 2019 by

Robin Powell – the evidence based investor – has produced a very simple explanation of why the valuations of stocks are 90% right. You can read it here. It’s based on the ask the audience responses to who want to … Continue reading →

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

Pre-budget apprehension

Posted on October 26, 2018 by

There is nothing like the threat of losing a tax-break to get people to value it. The Annual Allowance is under threat, so the Money Purchase Allowance, there are some still worried about higher rate tax-relief on contributions. In my … Continue reading →

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

So what’s unfair about a Pension Wealth Tax?

Posted on October 9, 2018 by

In this article I argue that any tax increases levied on the rich are ok by me, and I’m rich. The bias of vested interest The vast majority of people get tax relief on their pension contributions. Some people are excluded by … Continue reading →

Posted in accountants, Henry Tapper blog, pensions | Tagged , , , , , , , , | 5 Comments

Houses are for living in – pensions are for life! An answer to financial economics.

Posted on August 17, 2018 by

“the river of private pensions in the UK will only get shallower as it widens out to include so many more of us”  – Steve Bee Steve’s metaphor is so precise, so visual and so elegantly conveyed that this quote … Continue reading →

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We need to simplify our pension affairs

Posted on June 16, 2018 by

We are told that pensions are complex. We are told that we need advice to manage our retirement finances. We are warned hat we could be scammed if we don’t. Is it any wonder that people look at their retirement … Continue reading →

Posted in advice gap, pensions | Tagged , , , , , | 4 Comments

Hey Willetts, leave those kids alone

Posted on May 8, 2018 by

The Resolution Foundation have today published a paper which has as its central thesis A policy shift is needed to mitigate risks and promote asset accumulation for all It calls on Government to intervene to make society fairer, at least … Continue reading →

Posted in advice gap, pensions | Tagged , , , , , | 4 Comments

Don’t blame advisers for non-advised drawdown!

Posted on March 29, 2018 by

“Savers accessing the burgeoning non-advised drawdown market are failing to engage with information, investing in unsuitable investments and risking running out of money in retirement, an FCA probe has found”. – John Greenwood – Corporate Adviser. You can read the … Continue reading →

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

Has the hardest nastiest problem in finance just got a little easier?

Posted on January 1, 2018 by

I enjoyed reading this serious and sensible argument by Steven Lowe of “Just”.  I suspect that most financial advisers reading it will conclude, as I do, that planning an income for the final years of someone’s life is so fraught that (if … Continue reading →

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