As we steadily emerge from a tumultuous 18 months caused by the pandemic, we are now taking stock of our new normal and the challenges ahead.Continue reading
Over the past 15 months we have all been tested like never before. The immediate financial pressure on employers, as well as the logistical challenges of a country plunged into lockdown presented a significant risk to savers.Continue reading
The world of pensions has changed. Britain’s pension savers are living longer and are more diverse. Richard Edes, The Pensions Regulator’s Interim Director of Strategy and Risk asks: What can be done to make sure the system works as efficiently as possible for everyone?Continue reading
The dynamics of pension scheme cashflows change, and can change rapidly.Continue reading
If you get married and change your name, those you owe money to don’t forget you. If you move house, your debts remain tied to your credit record.
As Michael Johnson recently outlined in his letter to the Select Committee on Intergenerational Fairness and Provision, Generation Y (aka millennials) could be the first generation to experience a lesser quality of life than their baby boomer parents.Continue reading
We want to accelerate the consolidation of pension schemes. Why? Because many smaller schemes are simply not good enough.Continue reading
Reaching the incredible milestone of 10 million people newly saving or saving more into a pension is like reaching the summit of a mountain.
Some things are foreseeable. As automatic enrolment has created hundreds of thousands of new pension memberships, so the defined contribution (DC) market was inevitably going to grow.Continue reading
The pension cold calling ban is here. Consumers, regulators and police officers alike should celebrate.