Tag Archives: Drawdown
250 British bosses ask that the pension drawbridge be dropped and capital released
I am not quite sure I came into possession of the letter sent by more than 250 business leaders urging the Chancellor to make it easier for them to be capitalised by pensions. But here it is , complete with … Continue reading
An ever more sophisticated annuity purchaser?
Mark Ormston is a superhero There is a great report from the FCA hiding behind Mark’s comments and you can check it out more easily using this link to the FCA website. Mark is modest for his firm , Retirement … Continue reading
Posted in pensions
Tagged annuity, Drawdown, Encashment, mark ormston, Pensions, retirement line, UFPLS
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PensionsOldie and the risks of closed personal pensions.
There are a string of comments on my recent blogs suggesting that 7% would be a sensible conversion rate for DC pots defaulting to retirement income. But Pensions Oldie sees potential problems of making promises without protecting you from people … Continue reading
A blog from 2016 – which is as relevant to Nest today as it was 9 years ago
This is a re blog of an account of Nest at one of the first PLSA (rather than NAPF) conferences. If you weren’t in Liverpool for last week’s PLSA conference, do not slit your wrists. You can watch the sessions … Continue reading
Posted in auto-enrolment, pensions
Tagged auto enrolment, Drawdown, ft, josephine cumbo, NEST, Otto Thorsen, PLSA, the Pensins Regulator
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A great way to get VFM measured by savers spending their pots
Pete(r) Osborne of Dean Wetton thinks about what people in retirement want, not what suits the market. Here are excerpts from what he has written for Professional Pensions, you can read the whole article uninterrupted here. What happens below is … Continue reading
FCA’s Financial Lives on the smart decumulators and their advisors (pt 10)
It’s a tough agenda as since the introduction of Pension Freedoms in 2015 the behaviour of savers has included cashing in the pot as well as drawing down cash, swapping from an annuity and using the pot as an insurance … Continue reading
Billy Burrows appears at Pension PlayPen today 10.30 am
Two matters to detain you this morning, the first and most pressing is the Tuesday coffee morning – today! You are cordially invited to attend our next session with retirement adviser, Billy Burrows. Billy will be focussing on two key … Continue reading
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Tagged Billy Burrows, Drawdown, Fiduciary, pension playpen, Pensions, Rosalind connor
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Billy to come , Rosalind past! Burrows and Connor for Playpen readers
Two matters to detain you this morning, the first and most pressing is the Tuesday coffee morning. You are cordially invited to attend our next session with retirement adviser, Billy Burrows. Billy will be focussing on two key areas namely … Continue reading
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Tagged Billy Burrows, Drawdown, Fiduciary, pension playpen, Pensions, Rosalind connor
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How much value are advisers adding to the drawdown process?
The IFA in question is Jennifer Ellis who makes some really interesting points Data from the FCA has shown savers withdraw up to 20% more from their pension pots in the 2023/24 financial year compared to the prior year, while … Continue reading
Three lessons from the FCA’s retirement income market data
My analysis of this data leads me to three behavioural insights People are concerned about “net cash” – not “gross before tax” People want control and ownership People prioritise today’s cashflow needs over a wage for life The data published … Continue reading