Tag Archives: Drawdown

Three lessons from the FCA’s retirement income market data

Posted on April 17, 2024 by henry tapper

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 →

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PPI concludes no-one is doing DC pensions properly (yet)

Posted on November 3, 2023 by henry tapper

It’s been a week when everyone from PIC to PPI and stations between has been asking why we’re not making more progress turning our saved wealth to pensions. I modified my view of PIC’s staff that they hated their workplace … Continue reading →

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Default or pathways, CDC or drawdown? Lundberg , Riddaway and Eagle for coffee this morning

Posted on August 15, 2023 by henry tapper

I love it when a plan comes together, Stefan Lundberg will now be joined not just by Bobby Riddaway but be WTW’s Simon Eagle, doyen of the friends of CDC. I will not be there but my thoughts are well … Continue reading →

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Confusing evidence. Aon and Aegon’s bogus trade-offs

Posted on August 15, 2023 by henry tapper

Aon has produced a survey of  Aegon customers who are approaching the point they could choose pension over pot by buying into CDC, annuitizing or drawing down from their pot.  The survey is interesting not so much for the results … Continue reading →

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To drawdown or not to drawdown – Stefan Lundbergh – the sequel

Posted on August 11, 2023 by henry tapper

Also starring Great idea to have a panel of experts and for Stefan to chair!

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How do we know if our client’s drawdown strategy stacks up?

Posted on March 1, 2023 by henry tapper

There’s a natural tendency for all asset managers to report performance as if they were talking to the trustees of a defined benefit pension scheme. Fact sheets, league tables and projections for pensions have been created out of what actuaries … Continue reading →

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Corporate Adviser lifts the lid on the “at retirement” toilet .

Posted on November 5, 2022 by henry tapper

If you thought that the FCA’s Retirement Income Study painted a messy picture of how we are turning pots into pensions, then take a look at Corporate Adviser’s Workplace Pensions Into Retirement Report. The FCA report on a relatively orderly … Continue reading →

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Financial advisers – how do we know if our drawdown strategies stack up?

Posted on October 28, 2022 by henry tapper

    This blog’s for financial advisers who have a duty to consumers to assess the value of what they’re doing for their clients. It is also of interest to anyone who fancies themselves as their own adviser when it … Continue reading →

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Flex first-fix later – Pension PlayPen coffee morning today at 10.30am

Posted on September 20, 2022 by henry tapper

I will be chairing this session which is hard luck on Phil Boyle as I have a number of questions about his and Steve Webbs’ proposal and am sceptical the plan can work. Isn’t this a fees-fest for advisers? How … Continue reading →

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“Flex First – Fix Later” – can Webb and Boyle’s proposal work?

Posted on September 19, 2022 by henry tapper

I will be chairing this session which is hard luck on Phil Boyle as I have a number of questions about his and Steve Webbs’ proposal and am sceptical the plan can work. Isn’t this a fees-fest for advisers? How … Continue reading →

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