here’s what you’ve been saying
henry tapper on Five ways the change from RPI… ConKeating on Five ways the change from RPI… DR Robin Rowles on Five ways the change from RPI… Chris Giles on Five ways the change from RPI… henry tapper on TISA’s plans for low pai… ConKeating on Five ways the change from RPI… derekscott1953 on TISA’s plans for low pai… henry tapper on Five ways the change from RPI… Mark Andrew Meldon on Five ways the change from RPI… Mike Post on Five ways the change from RPI… Martin T on “Sooner being better tha… DCIF; we won’t… on Tomorrow is a day of reckoning… Joy Division 24 - Jo… on 24 hours – the greatest… henry tapper on CPI, RPI and CPIH – get… ConKeating on Tomorrow is a day of reckoning…
Category Archives: annuity
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
5 Comments
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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Learning how to buy pensions.
Mark Ormston who works for Retirement Line has written an excellent blog on linkedin. This is my version of his blog. Are people taking sub-optimal annuity decisions? The figures in the circles are taken from the FCA Retirement income data report … Continue reading
Posted in advice gap, age wage, annuity, pensions
Tagged AgeWage, Indexation, mark ormston, pensions, retirement line
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What are deferred annuities and why do they matter?
Cooper and Cumbo – Aussie dream team In a real example, an Aussie who bought a $10,000 deferred annuity at 65 would receive an annual income of $1741 a year from age 85, if they survived to that age. … Continue reading
Posted in advice gap, age wage, annuity, pensions
Tagged annuity, Australia, CDC, Cooper, deferred annuity, Drawdown, pensions, Super
4 Comments
Annuities – don’t knock ’em!
Unwelcome news for anyone looking to turn their pension pot into a secure retirement income. Rates are down due to low bond yields but also because there’s less competition in the market, following the #pensionfreedoms. https://t.co/NWAqReWjMi — Josephine Cumbo (@JosephineCumbo) … Continue reading
