Category Archives: annuity
Steve Webb; IHT and other pension tax changes – 10.30 today.
Click here to join the coffee morning today (9th) at 10.30 am We brought the Pension PlayPen session forward by half an hour last week to allow some people to hear McGrath and Keating on the run on/wind up debate … Continue reading
Posted in annuity, dc pensions, pension playpen, Retirement
Tagged IHT, LCP, pension playpen, Pensions, Steve Webb, Tuesday 10.30
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Sir Steve Webb; IHT Changes & Pensions – a discussion.
We brought the Pension PlayPen session forward by half an hour to allow some people to hear McGrath and Keating on the run on/wind up debate for occupational DB pension plans. Immediately after our pension was LCP’s session on … Continue reading
Posted in annuity, dc pensions, pension playpen, Retirement
Tagged IHT, LCP, pension playpen, Pensions, Steve Webb, Tuesday 10.30
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“My pension stole my benefits!”
Gareth Morgan has , until now, been a lone voice, howling at the moon on the plight of the low paid faced with decisions on how to spend their pension pot. “Until now” means that he is now joined by … Continue reading
Posted in annuity, auto-enrolment
Tagged annuity, Guidance, Pension Credit, Universal Credit
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Billy Burrows – the annuity case
About Annuities Hopefully, you will know what an annuity is? It is a policy which converts a capital lump sum (e.g. your pension pot) into guaranteed regular (monthly) income payments. If you would like to know more about annuities, please … Continue reading
Reintroducing pensions to the USA
The American Department of Labor is demanding that regulated sponsors of their workplace pensions convert participants’ account balances into an estimated monthly income stream at retirement. This follows primary regulation in Congress last year know as the SECURE Act Using … Continue reading
Posted in actuaries, advice gap, annuity, cardamo, pensions
Tagged 401l, Erissa, US, USA
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Pension Bee and the fintech annuity
Legal & General Retail Retirement has agreed a new partnership to provide annuities to PensionBee customers. From 3rd August, customers enquiring about an annuity with PensionBee will be introduced to Legal & General for further information, or to get a … Continue reading
Posted in advice gap, annuity, pensions
Tagged advice gap, AgeWage, annuity, L&G, pensons, retirement line
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Do we long-term care?
There’s an elderly care crisis in the UK. Action must be taken now, or the country’s ability to look after elderly people will collapse by 2029. Our report with @cebr_uk looks at why this has happened, and what we can … Continue reading
Posted in actuaries, advice gap, age wage, annuity, Consolation, pensions
Tagged Aviva, Care annuity, Irwinn Mitchell, Just, Legal & General, long term care, pension annuity, pensions
4 Comments
Dip into your pension at 55 and you could be “pension non grata”.
Most people know they can draw the money in their pension pot from 55, and because they can – they do. Very few sustainable drawdown plans are established by people in their fifties and very few annuities. 55% of annuities … Continue reading
Ruston Smith takes staff retirement seriously
I was glad to see Ruston Smith sticking his neck out in the pages of REBA. as Chair of the Tesco Pension Fund, Ruston has always been prepared to go the extra mile and say the things his peers shy … Continue reading
Posted in advice gap, age wage, annuity, pensions
Tagged advice gap, BSPS, pensions, REBA, ruston smith, Tesco
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We almost got a pensions dashboard….
It now seems unlikely that parliament will complete reading the Pensions Bill. The Bill introduces compulsion on employers to provide data to a pensions dashboard and it gives CDC the green light, at first for the Royal Mail and later … Continue reading
Posted in annuity, Big Government, pensions
Tagged CDC, Dashboard, Guy Opperman, Pension Dashboard, pensions
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