Editor-in-Chief of Professional Pensions (@profpensions) and Workplace Savings & Benefits (@WSandBenefits) tweeting about pensions and employee benefits

London
Joined February 2009
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This week, Torsten Bell became the third longest serving pensions minister of the last 20 years... Still a way to go before he overtakes Steve Webb and Guy Opperman though - professionalpensions.com/new…
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If the best rates for an annuity at age 65 - escalating at 3% with a survivors’ pension of 50% - are currently c.5.3% then an annual pension income of £70-£80,000 a year would cost a DC saver somewhere between £1.3m and £1.5m if bought at retirement. Is that roughly right? (2)
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I have done some very rough calcs... Based on a typical career progression for a doctor in the NHS and the rules of the current 2015 NHS Pension Scheme – a hospital doctor could expect an estimated annual pension income of between £70,000 and £80,000 upon retiring (1)
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Replying to @SouthernRailUK
@SouthernRailUK Having problems getting home on Southern. Was on the 22:35 from Vic to Baa but no driver. Told to leave that train to get on 23:05 to Horsham and that onward travel would be sorted. Can't find OBS on this train to assist - can you help please.
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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: professionalpensions.com/new…
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Replying to @Tess_invests
Taste would cover booziness I think... But it may need pointing out in the scoring notes. I find booziness to be divisive though - some feel overly boozy mince pies aren't great, others love them.
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Replying to @Tess_invests
Factors and Weights: Price (Quantitative) – 20% Taste (Qualitative) – 40% Appearance (Qualitative) – 20% Texture (Tx) (Qualitative) – 10% Filling-to-Pastry Ratio (F) (Qualitative) – 10%
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Here they are... The winners of the Professional Pensions Investment Awards 2024: professionalpensions.com/new…... Congratulations to all the winners including @InsightInvestIM @LazardAssetUK @Amundi_ENG @blackstone @LGIM @MandGInsights @ManGroup @AXAIM_UK @RLAM_UK and @ninetyone_uk
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Replying to @Tess_invests
Is it Mince Pies Tess? If so, I have just devised a new algorithm for our office tasting - based on both quantitative and qualitative factors... Price (P), Taste (Ts) Texture (Tx) or Filling-to-Pastry Ratio (F) all key metrics in our Excel formula.
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Replying to @HawthorneSJJ
Here it is Stephanie... Accurate as at 25/09/2024. Methodology and updates available at: professionalpensions.com/new…
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All ready for the sold-out 27th UK Pensions Awards at The Brewery in London tonight ... Good luck to all those nominated! #UKPA @ProfPensions
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Consortium of schemes launch GMP equalisation member comms toolkit ow.ly/rzNK104UPfc
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Thanks so much to @robertjgardner for the copy of his latest book, Freedom... Three money moves to transform your finances.
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It isn't just employers that are focussed on cost, low cost is also a top priority for consumers too says @boringmoney at #SustainableInvestmentFestival
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I heard of a similar case some years ago with regards to an accountant who was arguing a case about his tax - he had to argue that, while he was an accountant, he wasn't a very good one.
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HM Treasury has told Professional Pensions it is working on a further package of growth investment measures to bring forward by autumn. The PPF says it 'stands ready' to support both the government and industry.
Government mulls PPF 'master consolidator' remit for pension schemes ow.ly/9oqp104IlcL
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