Insuring Pensions
A note explaining why mutual insurance for pension schemes should be considered.
Comments on Sandler Review
An analysis of the Sandler Review of Retail Savings in the UK – assessment of its merits and deficiencies.
A New Blueprint for Retirement and Pensions
Pensions recommendations for reform of UK pension policy.
Pickering Report Comments
Ros Altmann’s comments on the findings of the Pickering Review.
Possible Taxation Implications Of Lifetime Capital Protection For Annuities
Discussion of taxation implications of money back guarantees for annuities.
Why DB Pension Schemes Are Closing
The move away from final salary schemes does not have to be a disaster at all. Dr. Altmann believes the demise of DB was always inevitable for private companies and final salary schemes are not always as good as they are currently thought to be.
How Pension Tax Relief Benefits The Better Off
These are two slides which demonstrate examples of the regressive effect of tax relief on pensions and possible contribution to inequality of wealth among the elderly.
The Open Market Option
Discussion of points relevant to Open Market Option for annuities.
Annuity Reform Proposals
This article appeared in aFinancial Adviser’ in April 2002, discussing Dr. Altmann’s proposals for reform of annuities – to try to ensure that those with moderate or smaller capital sums still are able to obtain good value from their annuity.
The Trend Away From Defined Benefit Pension Provision In The UK
This note discusses the reasons for closure of DB schemes, how the trend may be slowed and what we need to do to ensure DC works better in the UK.