-
-
Tags
Month
Post Types
Categories
Category Archives: annuity
Advising the 5,000; so where are the loaves and fishes?
The mass market of people retiring over the next few years no default means to spend their money and no access to suitably priced advice. That is the conclusion of the FCA consultation on Retirement Outcomes that has just closed. … Continue reading
Posted in annuity, auto-enrolment, pensions
Tagged advice, FCA, feeding the 500, Guidance, loaves and fishes, robo-advice, TPAS
3 Comments
Restoring victim’s confidence in pensions
The confidence I have in pensions is because I know the people who are at the helm give a damn. I am lucky, I can bump into them in all kinds of ways. It is easy for me to say … Continue reading
Posted in actuaries, advice gap, annuity, pensions
Tagged ARK, Cape Verde, dubai, Lesley Titcomb, Malta, pensions, scams, Spain
1 Comment
John Ralfe, Ros Altmann and the cost of central heating.
John Ralfe kindly promoted my article on the lack of diversity in the AE review. The AE review and the pension stitch up. https://t.co/8585n7hOEL via @henryhtapper is spot on — John Ralfe (@JohnRalfe1) February 11, 2017 //platform.twitter.com/widgets.js Responsible John By … Continue reading
Posted in annuity, auto-enrolment, pensions
Tagged Bonds, CDC, central heating, equities, John Ralfe, pensioner poverty, Ros Altmann
3 Comments
Let’s put an end to pension transfer privilege.
“Sexy cash” legitimised? A few years ago , Sir Steve Webb, then our pension minister, stood in front of the PLSA and berated Boots and its pension scheme for tempting members out of the pension scheme with cash incentives. He … Continue reading
Posted in annuity, auto-enrolment, pensions
Tagged CETV, Critical yield, DB, dc, defined benefit, Defined Contribution, IFA, Philip Green, transfer advice, transfers
1 Comment
Smoke and daggers (Con Keating on ”confusions and misunderstandings”)
This article was published in yesterday’s Professional Pensions and is published here in its entirety with the permission of Con Keating. A search on Con Keating will give up other articles on this topic to which this blog refers! Given … Continue reading
Posted in annuity, pensions
Tagged accrual rate, Contract, deferred annuity, Invesment, pension
2 Comments
Please don’t die-I was enjoying your annuity!
News that Government has finally put the Secondary Annuity Market down is no surprise. It was one of Steve Webb’s worst ideas and has proved about as popular as Osborne. Economically, the creation of a market in annuities is a … Continue reading
Posted in annuity, pensions
Tagged CDC, John Ralfe, pension, Pension Freedoms, pensions, Ros Altmann, secondary annuity, Steve Webb
2 Comments
Whatever happened to the reform of pension tax relief?
The Government’s plans to resolve the injustices of the Pension Tax Relief system appear to have been ditched. Announced in the budget of 2015, expected in that year’s autumn statement and postponed in the months running up to this year’s … Continue reading
Posted in advice gap, annuity, auto-enrolment, pensions
Tagged Business, pensions, Philip Hammond, reform, tax relief
4 Comments
A tragic tale of a split pension.
This is the sad story of how someone, intent on running her finances independently of her “ex”, destroyed her personal financial security. It relates to a former member of my family and I am desperately sorry for her, … Continue reading
Posted in advice gap, annuity, pensions, Pensions Regulator
Tagged divorce, emotion, Financial services, pension splitting, Retirement, separation, tragedy, Transfer
14 Comments
Secondary annuities- more questions than answers
I’ve been asked for my views on secondary annuities. I asked myself would I trade my annuity. Of course, I wouldn’t, I wouldn’t buy one. I wouldn’t sell my state pension, I wouldn’t sell my rights to my defined … Continue reading
Posted in annuity, dc pensions, de-risking, pensions
Tagged annuity, Buing, Business, Cash, Financial services, Paul Lewis, pension, pensions, Retirement, secondary annuity, selling
Leave a comment
Secondary annuities – who benefits? RALPH FRANK
Another great guest blog from Ralph- keep them coming Ralph – your reader stats are awesome!(Pension Plowman) The seemingly inexorable march towards the creation of a secondary annuity market passed two significant milestones last week. HMRC published a consultation covering the … Continue reading