Today’s Pensions Goth blog asks a question we keep avoiding: what is the state pension actually for? pensionsresearch.co.uk/we-cant-deba...
An interview with Gareth Stears about a new way to structure the state pension using annuity factors. Could this be a fairer settlement? pensionsresearch.co.uk/could-annuit...
With all the speculation about whether the Govt would cap PCLS, I asked AI whether they should...
youtu.be/PJ1vlYSBaYI?...
As we head into autumn, a "new season of pension uncertainty" is here. Steve Berridge discusses the dangers of speculative headlines and explains why a pragmatic approach is vital for anyone making financial decisions about their retirement. www.moneymarketing.c...
#Pensions #UKPolitics #Finance
Should the Government compensate the Waspi women? Here are the main arguments (according to AI) for both sides.
youtube.com/watch?v=nlja...
#waspi #pensions
How did (A)I do at summarising the arguments for both sides?
I got ChatGPT to give me both sides, with a bit of back and forth, on the question of raising State Pension Age. I think it did ok.
youtube.com/watch?v=ZM1o...
Tax-free pension withdrawals have shot up ahead of bringing pensions within IHT and budget speculation that the tax-free lump sum allowance will be cut. FoI response from FCA. w/ @emdunks.bsky.social: www.ft.com/content/f9f9...
The big, beautiful (pensions) bill has been introduced to the @houseofcommons.parliament.uk this afternoon
It is a annoyingly hard and fiddly to get estimates for total UK pension assets. Well done PPI for doing the work. www.pensionspolicyinstitute.org.uk/research-lib...
CDPQ, Canada’s second-largest pension fund, plans to invest £8bn in Britain over the next five years (£17bn current allocation). CEO says UK "top of the list" compared with other countries as it looks to lower allocation to US and invest in infrastructure around the world www.ft.com/content/ebba...
We need bigger, better pension funds delivering better returns to savers and stronger growth for Britain. A key plank of our pension reform agenda is accelerating the consolidation of pension schemes into £25bn+ ‘mega funds’ www.bbc.co.uk/news/article...
Today, there are regulatory hurdles to turning unsophisticated retail into PE exit liquidity. Tomorrow, maybe not so much.
on.ft.com/4knDLBj
🚨Reform made huge gains in the local elections.
But as well as winning councils, they won influence on £100bn of LGPS pension assets.
A US-style war on 'woke investments' looks to be coming to UK asset mgmt.
on.ft.com/3ZhOh4j
My chum Andy is back and gives some interesting thoughts on private equity investing for pensions
youtube.com/playlist?lis...
What’s something taken for granted by your profession that wld shock normies?
Looming pensions missaving crisis wld be mine.
Torsten Bell says that the Government are going ahead with small pots consolidation - just now at TUC conference. Does this mean we will see legislation for multiple default consolidators in the Pensions Bill?
The name of this legislation does make me double-take every time it gets surfaced in my Google searches www.legislation.gov.uk/uksi/2013/25...
this is some *incredibly granular* and impressive work from Toby, required reading for UK pensions nerds
Near retirement? There’s a huge tax trap to avoid when withdrawing from a pension. This is my simple video analogy but always get 1-on-1 free guidance from PensionWise first.
This is just a titbit, watch my full Pension special on @itvmlshow.bsky.social: www.itv.com/watch/the-ma...
Govt turns to DB pensions surpluses in its latest attempt to kickstart growth… having left £1.2trn DB industry out of pensions review ‘the implications of not touching it are worse’ surplus estimated at around £100bn on a low risk basis on.ft.com/42vZdOe
Emma Reynolds' tenure as pensions minister (189 days) was the third shortest since the role was created in its modern form in July 1998. She is only beaten by John Denham (155 days) and Alex Burghart (38 days).
See: www.professionalpensions.com/news/2201473...
The UK govt should prioritise looking at DB pension surplus extraction to drive investment into productive assets, say asset managers. “This is a once in a generational opportunity to change the fortunes of the UK” on.ft.com/3P7aM6G
New Pensions Goth blog!
I wasn’t going to do a blog on the Government’s response to the Ombudsman’s report on WASPI, but then I thought, hey, it’s always useful to revisit the data. Without taking a position, here are the pertinent facts: pensionsresearch.co.uk/where-next-f...
Liz Kendall confirms there will be no compensation for Waspi women.
Kendall says in the Commons "the great majority of women knew the state pension age was increasing" and "the proposed compensation scheme isn't fair or value for taxpayers' money".
Government confirms no compensation will be paid to Waspi women over state pension age changes
incm.pub/49HuG1o
10 minutes (slightly less) of pensions chat here on the You-Tube.
www.youtube.com/watch?v=5ISO...
Shot...
Every extra basis point in annual fees - aka 0.01% - reduces the median UK earner's pension pot by around £350 according to DWP estimates. www.gov.uk/government/p...
Sometimes called hanging up your boots
