Tag Archives: annuity

Pensions need to be sold for the sausage not the sizzle.


A great observation from Steve Groves, CEO of partnership this morning. @henryhtapper @tcfDAN @clivewaller healthy people were buying to early. Lie expectancy increased 10yrs and annuitisation age didn't move… — steve_g@partnership (@Sjg3G) January 12, 2016 By “buying” Steve means “buying … Continue reading

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“Confusion rife!” and not just over the new state pension.


The DWP Select Committee has published its report “Understanding the New State Pension” this morning. The accompanying Press release calls for clear statements of entitlement while stopping short of calling for changes to those entitlements. The Work and Pensions Committee’s … Continue reading

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60% of UK wealth manager’s customers getting “unsuitable advice”?!?


This arrives in an email from my friend Per Andelius. It refers to the FCA thematic review that can be found here. It’s a brilliantly written article and if anyone knows its source, please send it me, as I would … Continue reading

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Why I’m excited about second hand annuities.


Transparency is the great disinfectant, but disinfectant- when applied to an open wound- can be painful. It is however the only way we can recover. Continue reading

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The Nigella Lawson of workplace pensions


I met Hayley Jaggers at a recent Capacity Crunch Conference and linked in with her. We agreed to meet at our Tonbridge offices and we had a business meeting yesterday. She has re-defined my expectation of what can be achieved … Continue reading

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A lot more people earning £10k or less are “in” and some don’t even know it.


I was talking to an auditor recently who had questioned why someone who cleaned her client’s office in the morning and was on £120 pw had been considered an eligible jobholder – and auto-enrolled. It turned out that the cleaner submits an … Continue reading

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How can auto-enrolment help those that most need it?


  This morning I’m off to the House of Commons to discuss this question with some policy people, Prospect Magazine, my friends Alex Rowson of QTAC and Darren Philp of People’s Pension  and Nigel Wilson, the CEO of Legal & … Continue reading

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“Pension PlayPen – more serious than it sounds!”


    Today I’m off to Newcastle to see a large company that helps people get paid. I’m travelling with a spring in my step after listening to Paul Lewis introduce me as Founder of “Pension PlayPen – more serious than it … Continue reading

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Doubt is not a pleasant condition , but certainty is absurd


The quote’s from the French philosopher Voltaire and was sent me by my friend Derek Benstead . Derek’s been ill all year, never stops thinking about how to make my and his client’s lives better! We were discussing people’s options at … Continue reading

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State Street and People’s – a lack of “emissional” intelligence?


I am not very happy that People’s Pension has chosen State Street to manage the money under its master trust. In early 2014, State Street were found guilty of over-charging a variety of pension funds and were fined by the … Continue reading

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