Archive for January 2014

John Griffin

The glass half-full/half-empty idiom came to mind last week after The Pensions Advisory Service published its Women and Pensions report; the report had some surprising revelations:

74% of the 1,000 women surveyed did not know how much they would get from the State in retirement;
36% did not know when their State pension would be paid; and
57% did not know if there was a shortfall in their National Insurance record.

These figures are nothing short of astonishing.  I’m amazed that, given the seemingly never-ending adjustments/simplification/upheaval/tweaking of pensions, that:

26% DO know what they’ll get from the State;
64% (really?) DO know when it will be paid; and
as many as 43% DO know enough about their NI record to know if there is a shortfall.

Pension issues can be more complicated for women, as they are more likely to have a career break, or work part-time, and so have an incomplete State pension, so these figures are doubly-encouraging.

So maybe there is light at the end of the dark pensions tunnel, and it’s not just the remnants of my cheery, New Year optimism.

As for the “glass” question, it’s not nearly as important as whose round it is.


Telephone System Upgrade

We will be making an upgrade to our telephone system on Monday 27 January 2014.  While we have planned for the transition to our new system to be as smooth as possible, callers could experience some difficulties in reaching us from 08:00 to 12:00 on that day.  If you do encounter any problems, please try contacting us using our central email address

David Davison

Recognising the difficult issues posed by pensions for many charities the National Association Of Pension Funds is holding a free seminar for charities in London on Thursday 6th February 2014. The event has gathered a series of specialist speakers with expertise on pensions and the charity sector to provide attendees with in depth knowledge on the issues faced and the potential options available.

The event is designed to be highly interactive with participants being given the opportunity to ask questions and feedback views to regulators, representative bodies and specialist advisers. This is undoubtedly an event not to be missed.

More information on the event is available here: NAPF Charities Forum

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