Tag Archives: Drawdown

Is “drawdown” a viable pension option for Nest’s pensioners?

In my opinion , the answer to that question is no. It is a “no for the USA, for Australia, for the UK and it is a “no” for five reasons To achieve a sustainable advantage over a guaranteed pension … Continue reading

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Has Stephen Timms just thought the unthinkable?

  I’ve had the pleasure of listening to Stephen Timms talk twice in two days and not only does he deliver what he has to say with dignity and feeling, what he says has a humanity about it that reminds … Continue reading

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The Pooled Annuity Fund – another way for CDC

This blog is my take on a presentation by Catherine Donnelly which was delivered to a webinar , the IFOA generally allowed me to attend. Catherine is a Professor of Actuarial Maths at Herriot Watt University. I found her presentation … Continue reading

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The impact of inflation on those with lowest pensions.

Inflation is at a thirty year high. It will hurt the poor much harder than the rich. This is why. Woke up this morning to the radio talking about the cost of living rising a further 5%. It infuriates me … Continue reading

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IFAs looking for alternatives to drawdown

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

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DIY drawdown – your pension, your risk- your choice?

Over the weekend, three people pointed me to the article Don Ezra wrote for the FT. It’s a very good article and one of the best arguments I’ve read to explain why US Economist and Nobel Prize winner Bill Sharpe … Continue reading

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Pension Bee calls MaPS pathway tool “not fit for purpose”

A few weeks back, the Money and Pension Service(MaPS) published a comparison site to help people choose an investment pathway and then decide the best products to use when they’ve made the choice. Confusingly , the URL for the site … Continue reading

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Why , given half a chance – most DC savers will “invest” in cash.

In my article today about CDC, I mention that DC is unable to do what CDC can do, which is keep people invested in retirement. The FCA’s Retirement Income survey data shows that the vast majority of redemptions from personal pensions … Continue reading

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Some thoughts for IGCs and Providers on investment pathways.

It’s nice to get into conversation with Peter Robertson, who I know as the first man promoting Vanguard in the UK but many know as the doyen of Standard Life International. Peter sent me an article he’s written directed at … Continue reading

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QE cooked the 4% rule and LCP explain why.

Dan Mikulskis and Phil Boyle have produced an epic as one of LCP’s “on point” papers. The 4% rule is one of the few rules of thumb that we are left to cling on to when facing what Bill Sharpe … Continue reading

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