Gunning for gobbledegook.
When it comes to gobbledegook gob·ble·dy·gook also gob·ble·de·gook
Unclear, wordy jargon.
[Imitative of the gobbling of a turkey. , the pensions industry takes some beating.
Chrissie Maher, director of the Plain English campaign Plain English Campaign is an independent, self-funding pressure group based in the United Kingdom. Since its humble beginnings it has grown to become the biggest plain language group in the world. , believes that lack of simple, digestible information was the biggest reason why so many people bought the wrong pension in recent years.
"Most pension policy documents are written in language that people just cannot understand," she says.
Now she wants your help to change this.
Her campaign is presenting evidence to the Government's inquiry into pensions, and she wants some of the worst examples of meaningless words or phrases penned by pensions firms.
Send them to: Pensions Gobbledegook, c/o Mirror Money, 1 Canada Square, Canary Wharf , London E14 5AP.
We'll print some of the biggest horrors and pass the lot on to Chrissie.
But if any of you have a pensions document you actually understood send us a photocopy ... it could be a collector's item.
Meanwhile, here are some of the frighteners she has already come across:
The amount of lump sum under Rule 5(3)(i) shall not exceed the amount which could have been payable had such augmentation not been granted.
Unfunded Unapproved un·ap·proved
Not approved or sanctioned: an unapproved vaccine; an unapproved protest march. Retirement Benefit Schemes (UURBS UURBS Unfunded Unapproved Retirement Benefit Scheme (UK) ).
Transfer Value Analysis Systems(TVAs).
Dynamised Final Remuneration.
Automatic Increases/Annual Inflation Options enable contributions/protection benefits to be increased by greater of 10 per cent and RPI RPI - Rockwell Protocol Interface without medical evidence, no upper age limit (other than SRA SrA
senior airman for protection benefits).