Latest News - Malcolm Small
How can we expect people to save enough to retire on £15 an hour?
The £1 million lifetime allowance remaining wishful thinking for the majority of Britons, but restrictive to others. There must be a better way forward.By Malcolm Small - 13 February 2018, 14:47
How pensions will become dinner party discussion
The UK has always struggled with poor pensions engagement. But progress has been made building a technological solution called the pensions dashboard, which could help people track their pensions.
Budget reaction: Spreadsheet Phil pulled off a tour de force
Philip Hammond wrong footed the Opposition and appealed to the young. Indeed, his measures to help first time buyers were the real retirement reforms in this Autumn Budget.
Comment: Gov't must create a level playing field for older workers
An ageing population could favour older candidates, as employers seek out their unique skills. But greater flexibility is needed when finding a working schedule that suits them.
Comment: Advisers must help those waiting for DB transfers
The wheels keep turning for DB pension transfers, as do debates about which direction to head in. At the very least, clients should be aware of their options.
Comment: 'Blank cheque' for retirement no longer makes sense
Britain has changed immeasurably since attempts were made to abolish retirement poverty in the 1940s through defined benefit schemes. However, in a modern world of long careers and longer life expectancies, a ‘blank cheque’ no longer makes sense.
Malcolm Small: Despite doomsayers the pension freedoms work
Pension freedoms are here to stay. Despite prophecies of doom, they have provided greater choice over how and when people retire, and provided greater understanding of how the system works, with most sensible savers seeking advice.
Comment: Freedoms have changed the way people seek advice
The pension freedoms have completely transformed the retirement landscape, with the shift from annuities to drawdown changing the way people seek advice in their later years
Malcolm Small: Retire at 68? We'll be exhausted before then!
Deciding the right time to retire is a luxury for those not relying on state pension, but even those with solid finances could find their wealth planning rocked by a health scare.