@csfoot
Advocating for a fairer social contract around work, pensions and retirement. Director of UK think tank the Standard Life Centre for the Future of Retirement. https://www.standardlife.co.uk/centre-for-the-future-of-retirement
🚨NEW SPEAKERS🚨
We’re delighted an expert panel will be joining us to talk about the pension shock facing Gen X
@theobertram.bsky.social
@csfoot.bsky.social
Zoe Alexander
@gideonsalutin.bsky.social
Baroness Kramer
RSVP here:
buff.ly/RsIwA31
Kindly sponsored by Standard Life
To take the long view on this week’s madness, recommend listening to this conversation b/t @lewisgoodall.com and political historian David Runciman. Doesn’t cheer you up, but does help you understand (possible tagline for the @newsagents.bsky.social generally) podcasts.apple.com/gb/podcast/t...
New research from us at the Standard Life Centre for the Future of Retirement:
"Decisions in the dark: How the DC pioneer generation are navigating retirement income decisions"
Report explores the psychology and emotions of accessing DC pension pots.
www.standardlife.co.uk/centre-for-t...
New report out today
"Jam tomorrow? Work, finances and retirement in an era of a rising State Pension age"
Higher State Pension age has led to higher employment among people in their 60s.
But there are 250k more people in pre-retirement poverty than in 2010
www.standardlife.co.uk/centre-for-t...
The Good Old Days Pity the poor children of today, with their calendars stuffed with chocolates, never to know the thrill of opening a small cardboard door and discovering behind it a picture of a bell. Brian Bilston
This poem is dedicated to anyone making a start on their advent calendar today.
Why are people in Caerphilly more articulate than the political class at highlighting the issues facing people?
Such a phenomenal snapshot of where we are - a microcosm of the factors we’re fighting as a society 🧵
Cracking stuff from @johnharris1969.bsky.social
youtu.be/N79jV1waf4g?...
How can we support better, longer careers in the context of a rising State Pension age?
Come and discuss this with us at our event in London on 13 November with our speakers @csfoot.bsky.social, @naomiclayton.bsky.social, Sarah Ellis and Dr Suzy Morrissey:
events.standardlife.co.uk/ExtendingThe...
How can we support better, longer careers in the context of a rising State Pension age?
Come and discuss this with us at our event in London on 13 November with our speakers @csfoot.bsky.social, @naomiclayton.bsky.social, Sarah Ellis and Dr Suzy Morrissey:
events.standardlife.co.uk/ExtendingThe...
New research out today
"Retirement Voice 2025: How an era of uncertainty is affecting our attitudes towards retirement"
We used a new 6k survey of the UK population. I had fun designing the charts! Find out how people feel about finances, work and retirement
www.standardlife.co.uk/centre-for-t...
Very much looking forward to this today: www.ipsos.com/en-uk/pensio...
Such short-sighted behaviour here www.theguardian.com/commentisfre...
If you’re interested in the future of retirement - sufficient occupational pensions, decent employment, sustainable state pension, that sort of thing - the work of my rebranded think tank might be of interest: www.standardlife.co.uk/centre-for-t...
Charts showing data on employment rates over 50 from the last 50 years
It is a great piece. This is the brilliant set of charts I always go back to in conversations about our trend towards working longer, from Jonathan Cribb of @theifs.bsky.social. The length of our working lives over the last 50 years has not grown steadily, and it’s hugely gendered.
This is an excellent Lords Select Committee session - nominally on the economics of ageing - but opens up all the big topics: ageism, productivity, career change, fertility, social care, and the 'nastiest, hardest problem in finance' @csfoot.bsky.social
parliamentlive.tv/event/index/...
If she’s considering a shift in career there are some great organisations like Brave Starts and CareerShifters who I would highly recommend: www.careershifters.org and www.bravestarts.com
This is the best thing I've read on the debate around disability & incapacity benefits
Clearly sets out the reality of the current system, the challenges it faces, and what might actually help address them
Brilliant work from Citizens Advice's
@craigpberry.bsky.social medium.com/@craig.berry...
New post from me on Substack arguing that it's high time for adult careers guidance services to be part of the solution to economic growth. open.substack.com/pub/catherin...
Our new report out today makes the case for a secret weapon in efforts to get more people into good jobs and boost economic growth: adult careers guidance services. www.thephoenixgroup.com/phoenix-insi...
One of the clearest pieces on this I read so far. open.substack.com/pub/kellnerp...
There’s been some great stuff this week on the “what is Labour’s approach to growth” question.
You’ve probably read or ignored it all by now, but worth a quick recap?
Promising if temporally vague news that DWP Minister Baroness Maeve Sherlock said in the Lords yesterday “we are committed to a second phase focused on retirement adequacy, of which we will provide further details in due course”. Can almost hear Nigel Hawthorne adding “in the fullness of time…”
Sandy you can reach me on phoenixinsights[at]thephoenixgroup[dot]com
We published a roadmap for how to approach this promised review here: www.thephoenixgroup.com/phoenix-insi... We’ll keep it warm while we wait for when Gvt are ready…
Following through on a commitment for a review to plan and commit to a timetable for incremental change is hardly kicking business when it’s down today. I know the Government must see that, so I continue to hope that progress proves possible soon.
Clearly there are valid concerns about increasing costs to business. But at the very least that surely needn’t postpone some independent analysis and consensus-building on how & when to incrementally start to address what will be a serious problem for individuals and the state in the years to come.
Bar chart showing peak of UK pensions adequacy crisis coming in years 2040-2044
Our own analysis suggests this problem will peak in the early 2040s. www.thephoenixgroup.com/media/sjodud...
For those not familiar with the issue, this review matters because it has been clear for some time that future generations of retirees look in very large numbers to be set for inadequate pension pots. www.gov.uk/government/s...
Colleagues in social care will be grimly familiar with the idea of a Gvt review to put off taking action. In pensions world, news over the weekend came that the Gvt is even thinking of postponing a review… “Rachel Reeves puts pensions review on hold” on.ft.com/3DtfYir via @marymcd.bsky.social
Sandy that sounds awful. I have checked and for Phoenix Life the route is to email them at phoenixcustomerrelations@thephoenixgroup.com
