Tag Archives: annuity

A user’s guide to AgeWage.com

Posted on August 18, 2020 by

As regular readers will know,  I campaign for better information to be made available to savers about their pension pots and to help people understand their pot, have formed a company, AgeWage.  AgeWage.com helps people make sense of their pots … Continue reading →

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Pension Bee and the fintech annuity

Posted on August 5, 2020 by

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 →

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Pensions in the grand scheme of things

Posted on April 27, 2020 by

In the “grand scheme of things” – pensions will go on “In the grand scheme of things” is a very much over-worked phrase. It’s up there with “all will come out in the wash” as a means of dismissing today’s … Continue reading →

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Were you thinking of retiring?

Posted on April 2, 2020 by

For a lot of people my age (58 going on 59), retirement was looking a cert. Now I and many like me, will have to think some more, save some more and maybe be a little less cocky about our … Continue reading →

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Is MaPS creating a UK Financial Wellbeing Movement?

Posted on March 19, 2020 by

At this time of crisis , we need to be deploying our resources to meet the immediate needs of our customers and MaPS should be no different Continue reading →

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Dip into your pension at 55 and you could be “pension non grata”.

Posted on January 19, 2020 by

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 →

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“Evolution not revolution” as important for what it omits as what it says.

Posted on November 16, 2019 by

My view when I started this morning’s blog #Poole #Dorset #NovemberToMember pic.twitter.com/wpLW4EIcjy — Pension Plowman (@henryhtapper) November 16, 2019  I finished reading “Evolution not revolution – five years of freedom” sensing something had been missing. That something has just come … Continue reading →

Posted in age wage, dc pensions, defined ambition, defined aspiration, pensions | Tagged , , , , , , , , | 4 Comments

What are deferred annuities and why do they matter?

Posted on October 2, 2019 by

  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 →

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Pensions and the power of patience

Posted on September 29, 2019 by

  There is a polarisation going on when people come to draw their retirement savings and these figures show it very well. Those who want their money early (55-64) want the money in their bank account or at an enhanced … Continue reading →

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Should DC investment strategy be driven by pot size?

Posted on September 28, 2019 by

The FCA’s latest market data was published last week and it’s highlighted trends that I’ve been identifying on this blog for a few months. Just over 645,000 pension plans were accessed to buy an annuity, move into drawdown or take … Continue reading →

Posted in advice gap, age wage, consolidation, pensions | Tagged , , , , | 2 Comments