dakota’s Post

XPS Syntax, our free tool, enables pension schemes to assess the readability of their communications. Given the complexity and jargon often associated with pensions, why not break down these barriers? Discover how your communications fare with a personalised report, comparing them to industry standards. XPS Pensions Group #XPSGroup #XPS #XPSAdministration #Communications #Jargon

What are executive pensions and should business owners offer them to directors? Retaining senior talent is a challenge for many growing companies. Offering flexible, tailored pension schemes is a good way to keep your executives on board. Learn more: https://lnkd.in/eY_9UuFZ #executivepensions

In the world of pensions and alternative investments, Q3 2023 brought some remarkable insights and trends. Here's a snapshot of the report's key findings: 1. Increased Allocations: Pension funds allocated a total of $38.1 billion across various alternative asset classes, marking a 5.8% increase from the previous quarter. 2. Diverse Investments: An impressive 95 entities or pension funds diversified their investments, making a total of 367 investments in private equity, private credit, private real estate, real assets, hedge funds, and more. For a deeper look into the top allocators and asset class breakdown, download Dakota's Q3 Alts Pension Summary Report here: https://hubs.ly/Q0267tW70

Jargon Buster: Pension Quiz, which person are you?? I know I need to start a pension, but: 🫠 I can’t afford it right now 🫠 I’ve got loads of time until I retire 🫠 I don’t really see the point 🫠 I don’t know where to start 🤩Here I have used my super snazzy cashflow forecast software to give you a few examples! This post is only showing examples for defined contribution pensions. This is financial education not financial advice. Example growth and assumptions have been made. Past performance is not an indication of future performance, investments can go up and down in value. What you get back depends on how your investment grows and the tax treatment of your investment #womeninfinance #moneymatters #wealthmanagement #fintok #mumsinbusiness #womeninfinance #womeninbusiness #womenempoweringwomen #womenbizowners #femalefinance #fintok#financialplanning #workingmums #gallopinto2024 #financialeducation #lifeplanning #retirementplanning #investmentplanning #sbswinner #sbs #proudlyeastanglia

What are executive pensions and should business owners offer them to directors? Retaining senior talent is a challenge for many growing companies. Offering flexible, tailored pension schemes is a good way to keep your executives on board. Visit our website to read this latest article > https://lnkd.in/eAafT4a9 #BusinessOwners #PensionSchemes #BusinessStrategy

What are executive pensions and should business owners offer them to directors?   Retaining senior talent is a challenge for many growing companies. Offering flexible, tailored pension schemes is a good way to keep your executives on board.   https://lnkd.in/epYdA8-S   #sme #business #financialeducation #futureplanning

You’ve probably worked for a few companies over the years and have gathered a workplace pension or two along the way. You may have also been paying into a separate private pension or Self Invested Personal Pension (SIPP), as they're often referred to. Now, the question arises: “What should I do with these?” As the days pass by and your retirement date gets closer, you might find yourself pondering the idea of whether you should consolidate your pensions into one. In this week’s article, we’ll explore our top three pros and cons of pension consolidation to help you decide. Tap here to read more: https://lnkd.in/etM-dAMd

What are executive pensions and should business owners offer them to directors? Retaining senior talent is a challenge for many growing companies. Offering flexible, tailored pension schemes is a good way to keep your executives on board. https://lnkd.in/ecrjYKQK #sme #business #financialeducation #futureplanning

1 pension pot is easier to manage than 2. If your staff need help combining pensions, they can find out about consolidating pension pots in our collection of bite-sized pension videos. These videos also answer other frequently asked employee questions. If they need help with anything else, now’s their chance to ask Mark Condron, one of our pension experts, a question > https://bit.ly/3TY8dYk

“The main risk of a pension product is the risk of not reaching the individual’s retirement objective”   Following up onto my concerns about the misincentives in the life insurance market I attended a Roundtable organised by BETTER FINANCE - European Federation of Investors and Financial Services Users as part of the #EuropeanRetirementWeek2023. In the discussion, impressive figures were provided that deal with the extent to which (1) the high distribution and product costs across Europe have a negative impact on the real return of customers and how (2) an investment policy based on loss aversion pushes customers into products that are too conservative for the investment objective.   The focus on real net returns, after costs and after inflation, shows a frightening picture: most investments lead to negative returns for the private investors. If the life insurance market is serious about #customercentricity, there must finally be an honest discussion about how "the main risk of a pension product not reaching the individual's retirement objective" can be averted.   My personal two key takeaways to achieve this objective are the following: 1. insurers must finally start providing full transparency on the cost structures and real net returns of their investments. 2. all of us, as society and as private investors, must manage to overcome irrational behaviour patterns in financial investments. #behavioralfinance provides an important knowledge basis for this. Sweden is once again leading by example and shows how the application of these findings can lead to successful behavioural changes in the society.   For those interested, I can highly recommend the recording of this roundtable.