Tag Archives: Equity release

Equity Release is in its prime – funding retirement many ways.

Posted on August 31, 2022 by henry tapper

How pensions are paid from our housing wealth If you get a pension paid by Legal & General, you are probably being paid in monthly charges against other people’s houses. The £400,000, your neighbour borrowed against their £2m property is, … Continue reading →

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McPhail on how UK’s housing wealth can fix the retirement cost of living crisis

Posted on June 15, 2022 by henry tapper

  Tom McPhail has produced some radical proposals for reform of the Equity Release market. Here they are. Launched on pension credit awareness day, they are welcome indeed/   The UK has an annual retirement income shortfall of £48 billion … Continue reading →

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Kids should not borrow- parents should not lend.

Posted on September 1, 2019 by henry tapper

Last week Legal & General ran a press release that suggested that rather than the  Bank of Mum and Dad bailing out children from their pensions, parents should consider releasing equity from their homes by using LifeTime mortgages. You can … Continue reading →

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The Four Trillion pound lifeboat for (some) British Pensioners.

Posted on June 18, 2019 by henry tapper

I was in Westminster last night for drinks on the terrace watching politicians lining up to tell their in-jokes about the Conservative party leadership contest. The jokes weren’t very funny and even if they were, I couldn’t tell you them … Continue reading →

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Millennial fightback

Posted on June 4, 2019 by henry tapper

The greatest current threat to motor manufacturers is that people no longer want to drive. The second biggest threat is that people no longer want to own a car. That’s the message that comes loud and clear from an article … Continue reading →

Posted in actuaries, advice gap, pensions | Tagged , , , , , , , | 7 Comments

Not much fun for the over 55’s

Posted on December 7, 2011 by henry tapper

Great stuff from Aviva 07 December, 2011 Savings pots fall 27% since December 2010 Average annual income down 4% and inflation up 5.4% since December 2010 Equity in property now eight times the size of the average pension pot Despite … Continue reading →

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Sacred cows at the abattoir

Posted on November 19, 2011 by henry tapper

In her 45 minute talk, Debora led us to an abattoir of sacred cows where we saw strung up on meat hooks our most cherished hopes. Continue reading →

Posted in annuity, corporate governance, customer service, dc pensions, Fiduciary Management, NEST, OECD, pension playpen, Retirement | Tagged , , , , , , , , , , , , , , , , | 2 Comments

You can’t buy a sausage with a brick

Posted on October 3, 2011 by henry tapper

Abe Bacchus, the guy who taught me to sell life insurance in 1984, used this great phrase when a  prospect objected to creating a “capital reservoir” for the future. Of course a geared investment into bricks and mortar over the … Continue reading →

Posted in dc pensions, de-risking, NEST, Retirement | Tagged , , , , , , , , , , , , , , | 2 Comments