After his popular ‘Plain English guide to old pensions jargon’ Barnett Waddingham’s James Jones-Tinsley has returned to record two specials on new pension terminology called - and we bet you’ll never guess this - ‘A plain English guide to new pensions jargon’ (parts one and two).

In part one, James’s conversation covers five essential terms:

• PCLS (pension commencement lump sum)
• LSA (lump sum allowance) LSDBA (lump sum death benefit allowance) that replaced the lifetime allowance, highlighting that the standard allowance isn't scheduled for automatic increases.
• TTFAC (transitional tax-free amount certificate)
• MPAA (money purchase annual allowance)

For each item, expect an easy-to-understand definition that also offers a bit of background per term. 

In a world that’s awash with word soups and acronyms, James’s jargon buster offers a welcome source of straightforward explanations of often quite complex ideas.

You can also watch the video of this episode on Vimeo or the event page at our website.

Can’t get enough pensions jargon?

Then look out for part two, where James will tackle more modern pension terms.

In the meantime, why not tune into James’s trio of old pensions jargon guides here in podcast or video formats? (Or visit the event pages for each episode at our website.)

Podcasts

Listen to part one: A plain English guide to old pensions jargon: part one

Listen to part two: A plain English guide to old pensions jargon: part two

Listen to part three: A plain English guide to old pensions jargon: part three

Videos

Watch part one: A plain English guide to old pensions jargon: part one

Watch part two: A plain English guide to old pensions jargon: part two

Watch part three: A plain English guide to old pensions jargon: part three

Event pages

Event details for part one: A plain English guide to old pensions jargon: part one

Event details for part two: A plain English guide to old pensions jargon: part two

Event details for part three: A plain English guide to old pensions jargon: part three

Hosted on Acast. See acast.com/privacy for more information.