Category Archives: annuity
Pre-budget apprehension
There is nothing like the threat of losing a tax-break to get people to value it. The Annual Allowance is under threat, so the Money Purchase Allowance, there are some still worried about higher rate tax-relief on contributions. In my … Continue reading
Posted in annuity, cliche, pensions
Tagged Batten down the hatches, Budget, budget2018, pensions, SEIS, Wealth
1 Comment
Will “DC deficits” become a thing of the past?
News of HMRC’s “change of position” with regards the “net-pay- anomaly” is welcome, and long overdue. It came in the form of a letter sent in response to a request from respected journalist Jo Cumbo of the FT. Govt to … Continue reading
Posted in advice gap, annuity, auto-enrolment, pension playpen, pensions
Tagged AE, auto enrolment, ft, jo cumbo, NEST, net-pay, pensions
2 Comments
“The nastiest hardest problem…” Con Keating on pension drawdown
Con Keating is currently in hospital with a poorly foot. He is a caged tiger on the ward, but the surfeit of energy has been dispelled by his putting his mind to what Bill Sharpe called the nastiest hardest problem in … Continue reading
A phoney campaign from incompetent yanks. BOGUS!
I wonder how many journalists got this email yesterday. Tomorrow, the Your Pension Your Choice campaign formally launches, urging the Government to revise rules that unfairly trap 5 million retirees in the UK. The campaign is calling for all retirees, … Continue reading
The Great #PensionDebate…is wider than Swansea Bay!
The Great Pension Debate was a fabulous success and proves for a second time that Al Rush is capable of uniting a body of pension enthusiasts in a way nobody else can. Good job Al. The ongoing challenge Much as … Continue reading
Posted in annuity, pensions
Tagged #, Al Rush, challenge, Great Pension Debate, Personal Finance Society, PFS, Port Talbot, Steve Webb, Swansea Bay
Leave a comment
The Great Pension Debate (II); July 10-11.
Al Rush is convening the clans to the Aberavon Beach Hotel in Port Talbot. You could – and most likely should – be there! If you want to crash your diary and head for Wales, you have only … Continue reading
Posted in advice gap, annuity, BSPS, pensions
Leave a comment
Recognition for Al Rush and for Chive, but have we learned Port Talbot’s lessons?
It was good that Chive received recognition from the IFA community at last night’s Money Marketing Awards. The final award of the evening is the Outstanding Contribution Award sponsored by @RoyalLondon #MMAwards2018 — Money Marketing (@_moneymarketing) June 21, 2018 It … Continue reading
Posted in actuaries, annuity, pensions
Tagged BSPSP, CETV, pensions, Port Talbot, transfers
Leave a comment
“Why Michael Johnson’s so wrong!” – Con Keating
Michael Johnson’s letter to Frank Field & Co on CDC (reproduced in full here) was a real disappointment. I had expected more; a new and closely reasoned critique, passionately believed, perhaps. What I got was a tired and repetitive rehearsal … Continue reading
Posted in annuity, blockchain, CDC, defined ambition, defined aspiration, pensions
Tagged annuity, CDC, Con Keating, Innovation, Michael Johnson, pensions
2 Comments
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
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
Posted in annuity, Big Government, BSPS, pensions
Tagged de-risking, DWP, FCA, Hyman Robertson, LCP, ONS, pensions, Train crash
1 Comment