Tag Archives: annuity

“My pension stole my benefits!”

Posted on September 19, 2021 by henry tapper

Gareth Morgan has , until now, been a lone voice, howling at the moon on the plight of the low paid faced with decisions on how to spend their pension pot. “Until now” means that he is now joined by … Continue reading →

Posted in annuity, auto-enrolment | Tagged , , , | 3 Comments

IFAs looking for alternatives to drawdown

Posted on September 2, 2021 by henry tapper

I’ve been following a debate on twitter which includes several friends. Following rather than participating as I suspect I would express myself too vehemently and spoil the delicate balance that has been maintained between skepticism and endorsement of a third … Continue reading →

Posted in pensions | Tagged , , , , , , | 3 Comments

The fight for fungible pensions continues!

Posted on July 12, 2021 by henry tapper

“The tragedy of British pension arrangements is that the attempt to force safety on private arrangements is forcing them into collapse. Worse, it has allowed the older generation of pensioners to extract all the risk-bearing capacity of private sponsors for … Continue reading →

Posted in pensions | Tagged , , , | Leave a comment

Does the FCA’s consumer duty help or hinder the pensioner?

Posted on June 7, 2021 by henry tapper

  How Jane can give £10,000 to an insurer for an annuity and not benefit a penny Gareth, “the Ferret” Morgan is a fintech consumerist who stands up for those who are excluded from mainstream financial advice (and mainstream regulation).  … Continue reading →

Posted in pensions | Tagged , , , , , | 3 Comments

Sorting the Pension Gender Gap needs more than a nudge

Posted on April 29, 2021 by henry tapper

  I’ve turned back to the research done by State Street and People’s Pension on the pension adequacy. The report came out a while ago and it’s not had the attention it needs or deserves, you can read it here. … Continue reading →

Posted in pensions | Tagged , , , , , , , , , , , | Leave a comment

John Ralfe’s CDC lecture

Posted on February 24, 2021 by henry tapper

A big thank you to Imperial College Business School for making this a public lecture, It brought 140 people together, encouraged some sharp debate in the chat room and gave a platform to John Ralfe to explain the con trick … Continue reading →

Posted in pensions | Tagged , , , , , | 9 Comments

The money behind annuities “matters” too!

Posted on February 18, 2021 by henry tapper

We tend to forget that a very large amount of the money yet to be paid as pensions , is backed by funds held by insurers and that money is invested, not just in gilts but in a wide variety … Continue reading →

Posted in pensions | Tagged , , , , , , , | 1 Comment

Still no evidence that pots are becoming pensions!

Posted on January 30, 2021 by henry tapper

There’s not been much discussion about the HMRC’s latest update on what’s being drawn down from  our pensions and what there has been has interpreted the data differently. Alistair Mcqueen has tweeted positively New pension freedom data out today. Total … Continue reading →

Posted in advice gap | Tagged , , , , , , | 1 Comment

A user’s guide to AgeWage.com

Posted on August 18, 2020 by henry tapper

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 →

Posted in advice gap, age wage, pensions | Tagged , , , , , | Leave a comment

Pension Bee and the fintech annuity

Posted on August 5, 2020 by henry tapper

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 , , , , , | 5 Comments