Notice

Undefined offset: 479

ee/legacy/libraries/relationship_parser/Parser.php, line 39

Notice

Trying to access array offset on value of type null

ee/legacy/libraries/Channel_entries_parser.php, line 165

Notice

Trying to access array offset on value of type null

ee/legacy/libraries/channel_entries_parser/Parser.php, line 386

Notice

Undefined index: entry_id

ee/legacy/libraries/channel_entries_parser/Parser.php, line 209

Notice

Undefined index: entry_id

ee/legacy/libraries/channel_entries_parser/Parser.php, line 210

Notice

Undefined index: entry_id

ee/legacy/libraries/channel_entries_parser/Parser.php, line 212

Notice

Undefined index: site_id

ee/legacy/libraries/channel_entries_parser/Parser.php, line 213

Notice

Undefined index: site_id

ee/legacy/libraries/channel_entries_parser/Parser.php, line 217

Notice

Undefined index: entry_id

ee/legacy/libraries/channel_entries_parser/Parser.php, line 217

Notice

Undefined index: site_id

ee/legacy/libraries/channel_entries_parser/Parser.php, line 255

Notice

Undefined index: site_id

ee/legacy/libraries/channel_entries_parser/components/Custom_field_pair.php, line 82

Notice

Undefined index: entry_date

ee/legacy/libraries/channel_entries_parser/components/Date.php, line 55

Notice

Undefined index: edit_date

ee/legacy/libraries/channel_entries_parser/components/Date.php, line 56

Notice

Undefined index: recent_comment_date

ee/legacy/libraries/channel_entries_parser/components/Date.php, line 57

Notice

Undefined index: expiration_date

ee/legacy/libraries/channel_entries_parser/components/Date.php, line 58

Notice

Undefined index: comment_expiration_date

ee/legacy/libraries/channel_entries_parser/components/Date.php, line 59

Notice

Undefined index: entry_date

ee/legacy/libraries/channel_entries_parser/components/Date.php, line 83

Notice

Undefined index: entry_date

ee/legacy/libraries/channel_entries_parser/components/Date.php, line 83

Notice

Undefined index: entry_date

ee/legacy/libraries/channel_entries_parser/components/Date.php, line 88

Notice

Undefined index: entry_date

ee/legacy/libraries/channel_entries_parser/components/Date.php, line 89

Notice

Undefined index: edit_date

ee/legacy/libraries/channel_entries_parser/components/Date.php, line 90

Notice

Undefined index: allow_comments

ee/legacy/libraries/channel_entries_parser/Parser.php, line 650

Notice

Undefined index: comment_expiration_date

ee/legacy/libraries/channel_entries_parser/Parser.php, line 664

Notice

Undefined index: channel_title

ee/legacy/libraries/channel_entries_parser/Parser.php, line 524

Notice

Undefined index: channel_name

ee/legacy/libraries/channel_entries_parser/Parser.php, line 525

Notice

Undefined index: screen_name

ee/legacy/libraries/channel_entries_parser/Parser.php, line 526

Notice

Undefined index: username

ee/legacy/libraries/channel_entries_parser/Parser.php, line 526

Notice

Undefined index: photo_width

ee/legacy/libraries/channel_entries_parser/Parser.php, line 528

Notice

Undefined index: photo_height

ee/legacy/libraries/channel_entries_parser/Parser.php, line 529

Notice

Undefined index: avatar_width

ee/legacy/libraries/channel_entries_parser/Parser.php, line 531

Notice

Undefined index: avatar_height

ee/legacy/libraries/channel_entries_parser/Parser.php, line 532

Notice

Undefined index: sig_img_width

ee/legacy/libraries/channel_entries_parser/Parser.php, line 534

Notice

Undefined index: sig_img_height

ee/legacy/libraries/channel_entries_parser/Parser.php, line 535

Notice

Undefined index: entry_date

ee/legacy/libraries/channel_entries_parser/Parser.php, line 536

Notice

Undefined index: site_id

ee/legacy/libraries/channel_entries_parser/Parser.php, line 553

Notice

Undefined index: entry_site_id

ee/legacy/libraries/channel_entries_parser/components/Simple_variable.php, line 63

Notice

Undefined index: channel_url

ee/legacy/libraries/channel_entries_parser/components/Simple_variable.php, line 64

Notice

Undefined index: comment_url

ee/legacy/libraries/channel_entries_parser/components/Simple_variable.php, line 65

Notice

Undefined index: site_id

ee/legacy/libraries/channel_entries_parser/components/Custom_field.php, line 54

Notice

Undefined offset: 479

ee/legacy/libraries/relationship_parser/Parser.php, line 39

Notice

Trying to access array offset on value of type null

ee/legacy/libraries/Channel_entries_parser.php, line 165

Notice

Trying to access array offset on value of type null

ee/legacy/libraries/channel_entries_parser/Parser.php, line 386

Notice

Undefined index: entry_id

ee/legacy/libraries/channel_entries_parser/Parser.php, line 209

Notice

Undefined index: entry_id

ee/legacy/libraries/channel_entries_parser/Parser.php, line 210

Notice

Undefined index: entry_id

ee/legacy/libraries/channel_entries_parser/Parser.php, line 212

Notice

Undefined index: site_id

ee/legacy/libraries/channel_entries_parser/Parser.php, line 213

Notice

Undefined index: site_id

ee/legacy/libraries/channel_entries_parser/Parser.php, line 217

Notice

Undefined index: entry_id

ee/legacy/libraries/channel_entries_parser/Parser.php, line 217

Notice

Undefined index: site_id

ee/legacy/libraries/channel_entries_parser/Parser.php, line 255

Notice

Undefined index: site_id

ee/legacy/libraries/channel_entries_parser/components/Custom_field_pair.php, line 82

Notice

Undefined index: entry_date

ee/legacy/libraries/channel_entries_parser/components/Date.php, line 55

Notice

Undefined index: edit_date

ee/legacy/libraries/channel_entries_parser/components/Date.php, line 56

Notice

Undefined index: recent_comment_date

ee/legacy/libraries/channel_entries_parser/components/Date.php, line 57

Notice

Undefined index: expiration_date

ee/legacy/libraries/channel_entries_parser/components/Date.php, line 58

Notice

Undefined index: comment_expiration_date

ee/legacy/libraries/channel_entries_parser/components/Date.php, line 59

Notice

Undefined index: entry_date

ee/legacy/libraries/channel_entries_parser/components/Date.php, line 83

Notice

Undefined index: entry_date

ee/legacy/libraries/channel_entries_parser/components/Date.php, line 83

Notice

Undefined index: entry_date

ee/legacy/libraries/channel_entries_parser/components/Date.php, line 88

Notice

Undefined index: entry_date

ee/legacy/libraries/channel_entries_parser/components/Date.php, line 89

Notice

Undefined index: edit_date

ee/legacy/libraries/channel_entries_parser/components/Date.php, line 90

Notice

Undefined index: allow_comments

ee/legacy/libraries/channel_entries_parser/Parser.php, line 650

Notice

Undefined index: comment_expiration_date

ee/legacy/libraries/channel_entries_parser/Parser.php, line 664

Notice

Undefined index: channel_title

ee/legacy/libraries/channel_entries_parser/Parser.php, line 524

Notice

Undefined index: channel_name

ee/legacy/libraries/channel_entries_parser/Parser.php, line 525

Notice

Undefined index: screen_name

ee/legacy/libraries/channel_entries_parser/Parser.php, line 526

Notice

Undefined index: username

ee/legacy/libraries/channel_entries_parser/Parser.php, line 526

Notice

Undefined index: photo_width

ee/legacy/libraries/channel_entries_parser/Parser.php, line 528

Notice

Undefined index: photo_height

ee/legacy/libraries/channel_entries_parser/Parser.php, line 529

Notice

Undefined index: avatar_width

ee/legacy/libraries/channel_entries_parser/Parser.php, line 531

Notice

Undefined index: avatar_height

ee/legacy/libraries/channel_entries_parser/Parser.php, line 532

Notice

Undefined index: sig_img_width

ee/legacy/libraries/channel_entries_parser/Parser.php, line 534

Notice

Undefined index: sig_img_height

ee/legacy/libraries/channel_entries_parser/Parser.php, line 535

Notice

Undefined index: entry_date

ee/legacy/libraries/channel_entries_parser/Parser.php, line 536

Notice

Undefined index: site_id

ee/legacy/libraries/channel_entries_parser/Parser.php, line 553

Notice

Undefined index: entry_site_id

ee/legacy/libraries/channel_entries_parser/components/Simple_variable.php, line 63

Notice

Undefined index: channel_url

ee/legacy/libraries/channel_entries_parser/components/Simple_variable.php, line 64

Notice

Undefined index: comment_url

ee/legacy/libraries/channel_entries_parser/components/Simple_variable.php, line 65

Notice

Undefined index: site_id

ee/legacy/libraries/channel_entries_parser/components/Custom_field.php, line 54

Warning

session_start(): Cannot start session when headers already sent

user/addons/gmaps/libraries/gmaps_library.php, line 40

Notice

Undefined variable: _SESSION

user/addons/gmaps/libraries/gmaps_library.php, line 41

Warning

session_start(): Cannot start session when headers already sent

user/addons/gmaps/libraries/gmaps_helper.php, line 565

Warning

session_start(): Cannot start session when headers already sent

user/addons/gmaps/libraries/gmaps_helper.php, line 565

Warning

Cannot modify header information - headers already sent by (output started at ee/legacy/core/Exceptions.php:120)

ee/EllisLab/ExpressionEngine/Boot/boot.common.php, line 493

Comment on Increasing the Normal Minimum Pension Age Consultation - Hymans Robertson

Commentary

Comment on Increasing the Normal Minimum Pension Age Consultation

11 Feb 2021

Commenting on the Open Consultation: Increasing the Normal Minimum Pension Age, Michael Ambery, Partner, Hymans Robertson says:

“Many individuals and corporate sponsors will need to carefully consider the implications of proposed increase in age at which pensions savers can access their pensions without penalty to 57. In particular it will have an impact to the decisions on the timing of when they take their pension benefits. Individual pension savers could be put off by changes that on the face of things may just sound like you need to work for longer and money is locked away. In the current environment saving for retirement and what that looks like may mean this may feel unpopular. A change to the earliest point at which an individual can claim pension benefits and the payment of benefits such as State pension and other pensions becomes a juggling act where an individual will need help and support in order to determine best approach and timing of taking benefits.

“Most pension arrangements are still based on anticipated retirement at age 65. Recent experience shows less than half of individuals actually retire at the age they have targeted. This means that individuals could be invested incorrectly.

“If there are changes, as proposed in this consultation integrating retirement age and adequacy, and communicating this clearly to members, will be key to ensure that any change legislation is understood and made appropriate for the individual investor. Focus should be on how providers of pensions and corporates deliver the changes through pension scheme design and via member engagement / wellbeing.

“In effect individuals with protected pension age, within pension plans which give them a right to take benefits at age 55 (or transferred with this right retained) or specific professions such as Police and Firefighters. The right to keep that earlier retirement age is scheme specific which could lead to confusion for individuals with many different pension pots. The confusion will be when can an individual retire from which scheme, how do they take the benefits from the scheme and what are the implications for lifestyle, outcome and tax.”

Subscribe to our news and insights

0 comments on this post