Category Archives: Pension policy

Re-building initiative in SIPPs

Another budget, another pensions surprise. Rather than the usual crimping, however, this time we got a new initiative: to allow SIPPs and SSASs to convert commercial property with unused space to residential property. “Housing 2.18 Changes to pension investment rules … Continue reading

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Failing to Illustrate a Simple Truth

Projected growth rates in illustrations are being cut to 2%, 5% and 8% per annum, delivering a supposed cold dose of reality. I can’t really agree. The rationale for reducing the assumed investment returns is that we have been in … Continue reading

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Learning the Wrong Lessons

This chap is on holiday in Hong Kong and he’s just ticked off one of the tourist classics – he’s had a suit made. He goes back to his Kowloon hotel to show his wife and, to his surprise, she … Continue reading

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Smashing Milestones

Today our family celebrates something that nearly everyone seems to call a “milestone” for my dad. To tell the truth, I don’t think he’s that excited about it – the “milestone” thing, I mean, not the family gathering. Milestones don’t … Continue reading

Posted in Behaviour, Pension policy, Retirement | Tagged , | 1 Comment

Effect of Charges or Enormous Obstacle to Contributions?

As if it weren’t already hard enough to get people to give up instant gratification to save for their retirement, pension illustrations come with a piece of absolute hocus pocus surely designed to finish the job of putting people off: … Continue reading

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Stop Throwing Stones at Auto-enrolment

There’s something of a pensions apartheid in this country, particularly between the public and private sectors. It’s not just a DB vs DC thing or unfunded vs funded: for millions of workers it’s a pension vs nothing thing. From about … Continue reading

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Rioting or Celebrating?

Last month it was riots, yesterday it was FTSE 100 executives’ pensions. Is our society unfair? And are we doing better or worse in pensions? Forget the (welfare-abusing) rioters’ distracting talk of expense-claiming politicians or bailed out banksters, here’s a … Continue reading

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