Category Archives: advice gap

#PAD19 – We have no right to be right

Posted on September 16, 2019 by

No sooner than I’d written my blog on Pension Awareness Day, than it was challenged by Paul Lewis. Awareness is neither here nor there. Paying in loads and getting a huge subsidy from other less fortunate taxpayers is the key … Continue reading →

Posted in advice gap, age wage, pensions | Leave a comment

A proper discussion on how long we live

Posted on September 11, 2019 by

The Long and Short of Life Expectancy – – @bbcradio4 complete with ⁦@RedActuary⁩ https://t.co/4SBQLWe2e1 — alan chaplin (@achaplin71) September 11, 2019 This is such a good discussion on how we measure life expectancy that I don’t want to spoil it … Continue reading →

Posted in actuaries, advice gap, pensions | Tagged , , | 2 Comments

5 good reasons we have SJP

Posted on September 10, 2019 by

As readers of the Times know,  James Coney has been exposing St James’s Place as a high pressure sales outfit that rewards its “advisers” with diamond cufflinks, overseas conventions and a lot of money for bringing client’s money under SJP … Continue reading →

Posted in advice gap, pensions | Tagged , , , , , | 5 Comments

“What’s the best way to use my two pensions?”

Posted on September 8, 2019 by

I’ve done another of those Portfolio Theories things from the Times. I was  billed a pensions expert, which suggests I’m something that Steve Webb and Ros Altmann aren’t. My apologies to the two real pension experts in the article! My … Continue reading →

Posted in advice gap, pensions | Tagged , , | 4 Comments

The language that we use

Posted on September 4, 2019 by

I am worried by the language that we are using in AgeWage. We are not being profane, or blasphemous, but we are not making ourselves understood , to each other , our investors and our future customers. We have not … Continue reading →

Posted in advice gap, age wage, pensions | 5 Comments

Is there wisdom in saving?

Posted on September 2, 2019 by

Thanks to Dave Thompson who sent me this random picture, presumably with a hope of an answer! I suspect its a teaser for Pensions Awareness Day – which is now just a fortnight away! Well here goes Dave, I’m going … Continue reading →

Posted in advice gap, age wage, pensions | Tagged , , , , , , | 1 Comment

Kids should not borrow- parents should not lend.

Posted on September 1, 2019 by

Last week Legal & General ran a press release that suggested that rather than the  Bank of Mum and Dad bailing out children from their pensions, parents should consider releasing equity from their homes by using LifeTime mortgages. You can … Continue reading →

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No one should ever have to buy a poor annuity again.

Posted on September 1, 2019 by

I’ve just read an article that could best be described as smug. It’s written by a lawyer in the financial regulation team of Foot Anstey – Alan Hughes. I don’t know Alan but I know his firm and have a … Continue reading →

Posted in advice gap, age wage, annuity, pensions | Tagged , , , , , | 7 Comments

What price certainty? (Boring blog on annuities and drawdown)

Posted on August 31, 2019 by

In financial matters, certainty comes at a price. Is it a price that I’m prepared to pay? I’ve been putting myself in the shoes of a friend who is around the same age as me (57) and is hoping to … Continue reading →

Posted in advice gap, age wage, pensions | Tagged , , , , , | 2 Comments

Why do DB transfer values make me sick?

Posted on August 29, 2019 by

One of the things ordinary people find hardest to work out is why their share of a defined benefit scheme can go up when stock markets go down. This happened last month where the stock market fell. But in August, … Continue reading →

Posted in actuaries, advice gap, BSPS, FCA, pensions | Tagged , , , , , , , | 8 Comments