Tag Archives: annuity

What price certainty? (Boring blog on annuities and drawdown)

Posted on August 31, 2019 by henry tapper

In financial matters, certainty comes at a price. Is it a price that I’m prepared to pay? I’ve been putting myself in the shoes of a friend who is around the same age as me (57) and is hoping to … Continue reading →

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

Judge rules that people matter (shock)

Posted on August 20, 2019 by henry tapper

What does that do to the buyout market? — andrew young (@glesgabrighton) August 19, 2019 Adrian is right, Andrew is barking up the wrong tree! The issue here is not “what does this mean for the bulk annuity market, but … Continue reading →

Posted in pensions | Tagged , , , , , | 5 Comments

Bosses + trustees talk “pension choices” too!

Posted on July 31, 2019 by henry tapper

This blog looks at what the FCA is planning to do to regulate the way unadvised drawdown plans are presented to customers. This follows the publication on a further policy paper from the FCA – CP 19/21 The point of … Continue reading →

Posted in advice gap, age wage, pensions | Tagged , , , , | 3 Comments

The choices Hobson gives us at retirement

Posted on July 28, 2019 by henry tapper

  I’ve been thinking about my options with my DC pension pot. Do I continue to want my money exposed to market risk , do I take an annuity rate depressed by quantitative easing or do I sit on a … Continue reading →

Posted in pensions | Tagged , , , , , | 8 Comments

Pension Income’s best kept secret

Posted on May 30, 2019 by henry tapper

Did you know that when you buy an annuity you can change your mind? No? Well neither did I. I thought that once you handed your money over to an insurer that it was it, an income for life with … Continue reading →

Posted in annuity, pensions | Tagged , , , , | 4 Comments

We can’t reopen closed railways or pensions – but we can build anew

Posted on December 27, 2018 by henry tapper

How does #CDC help the individual saver in a falling market as you claim….? @henryhtapper https://t.co/PbsnbcXwku — John Ralfe (@JohnRalfe1) December 26, 2018 When I wrote this blog on Boxing Day about “coping with falling markets” – I did not … Continue reading →

Posted in pensions | Tagged , , , , , | 6 Comments

Why do people take pension choices that make them sad?

Posted on December 9, 2018 by henry tapper

I’ve been reading a short report by Demos for Legal and General. L&G provide annuities and want to understand  the fall in the numbers of annuities purchased. The retirement riddle is that the choices people are taken since the pension … Continue reading →

Posted in advice gap, age wage, pensions | Tagged , , , | 7 Comments

Why would management fees be any cheaper for #cdc than DC?

Posted on October 4, 2018 by henry tapper

It’s a question posed by John Ralfe- to me – on twitter. It’s a serious question and one that Jeremy Cooper, doyen of the Australian Super system is clearly interested in too. The question cannot be simply answered with reference … Continue reading →

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“Why Michael Johnson’s so wrong!” – Con Keating

Posted on June 5, 2018 by henry tapper

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 , , , , , | 2 Comments

What is CDC?

Posted on April 2, 2018 by henry tapper

  I’ve had a couple of calls recently for a simple explanation of what CDC is and why it could be useful in Britain today. CDC is an abbreviation for Collective Defined Contribution. A CDC scheme is created by contributions … Continue reading →

Posted in CDC, Pension Freedoms, pensions | Tagged , , , , , , | 2 Comments