Professional Pensions (August 20)
“If we want our savers to make informed choices, we need to get them to understand the products and devices we’re using to help them save for when they aren’t working any more. That’s because they are going to have to make decisions (even if we created a limited choice framework), so we need to start using clear language now and getting used to it.” We must jettison the jargon. Those in the pensions world should no longer “languish in the luxury of our familiar phraseology understood only by cosy insiders.” It is time “to get into” their “hearts and minds and use the language of our saving community who need to know at all times what we’re talking about.”
Tags: Clear language, Decisions, Devices, Familiar, Hearts, Informed choices, Insiders, Jargon, Jettison, Minds, Pensions, Phraseology, Products, Save, Savers
Endgadget (May 16)
“Japan plans to release 10-billion 14-digit numbers by 2021,” but the country “likely won’t be the only nation facing the problem of needing more numbers for more devices. Last year, the number of IoT devices in the world surpassed the number of mobile phones. Since 2008, there have been more connected devices on the planet than people, and by 2020 it’s predicted that there will be 50 billion connected devices globally.
Tags: Connected, Devices, IoT, Japan, Mobile phones, People, Phone numbers
