Category Archives: annuity

Fintech must Bee for a clear purpose


I’m looking forward to a breakfast meeting at the CSFI to hear a conversation between Romi Savova and several sceptics who don’t get the Pension Bee proposition. As I’ve mentioned on this blog several times, I admire Pension Bee and … Continue reading

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Are DB pensions benefiting from CETV de-risking?


  It’s a fair question for a blogger to ask. I don’t have the answer and suspect that you’d get a different reply depending on who you asked. Here are the facts According to Hymans Robertson , The total value … Continue reading

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“Too prudent for its own good” – how under-risking DB schemes causes new problems.


Someone , somewhere on the multiple threads surrounding USS, has asked me if I think that transfers out of USS are likely to be the next miss-selling scandal.  I think it unlikely, and to explain why, I need to explain … Continue reading

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Something “DC” that John Ralfe and I agree on!


I sometimes think John and I will never agree, I am forever looking at the world half full and he “half empty”, where I see opportunity, he sees danger, where he sees certainty, I see parsimony. But when John posted … Continue reading

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Transfer carnage at BSPS – the truth revealed


The full impact of transfers on the British Steel Pension Scheme has been revealed in this perfunctory tweet The British Steel Pension Scheme has paid just over £1.5bn from around 4000 DB transfers to date. Around 3700 transfers still to be processed. … Continue reading

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Time for a DC upgrade?


I was wading through yet another long and technical explanation of CDC  when I got my Eureka moment! I don’t want a CDC plan, I want a DC upgrade! I’m not dissing legal eagle Sandeep Maudgil (who’s soon to appear … Continue reading

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Ways of staying financially strong in later life


I normally write about money, particularly about saving for retirement. Over the last couple of evenings, I’ve been lucky enough to attend two excellent discussions, not about saving, but about creating an infrastructure around you in later years that makes those … Continue reading

Posted in advice gap, annuity, economics, pensions, Popcorn Pensions | Tagged , , , , | 5 Comments

Has the hardest nastiest problem in finance just got a little easier?


I enjoyed reading this serious and sensible argument by Steven Lowe of “Just”.  I suspect that most financial advisers reading it will conclude, as I do, that planning an income for the final years of someone’s life is so fraught that (if … Continue reading

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The legitimate concerns of BSPS members


‘ From the little time I have spent talking online with BSPS members, I have been impressed with the matter of fact way they are dealing with the choices presented to them. Here is a case study of the complexity faced … Continue reading

Posted in annuity, Bankers, BSPS, pensions | Tagged , , , , , , | 14 Comments

You wait years for good pension communications and then…..


All the best documents can be digested at a glance- think P60 ( or P45 if you’re more used to them)! Simple lay-out , necessary information, few words, maximum impact as it’s all there on one sheet. You wait years … Continue reading

Posted in advice gap, annuity, later life, pensions | Tagged , , , , , | 3 Comments