Tag Archives: financial advice

70% of us don’t take advice when buying annuities – are we mugs?

Posted on February 17, 2024 by henry tapper

  ABI data shows that 2023 was a good year for annuity sales which totalled £5.2 billion. More people buy annuity rates when  interest rates are rising. Annuities fulfil a need  people have  to secure a reliable retirement income for … Continue reading →

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Evelyn Partners – who will pay the PE piper?

Posted on February 16, 2024 by henry tapper

Evelyn Partners is a large IFA owned by private equity. Citywire reminds us The business is the culmination of years of acquisitions, backed by Permira. The PE firm first bought Bestinvest in 2014 and combined it with Tilney. It grew the … Continue reading →

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Advice – try before you buy. Make your first fee – a fixed fee

Posted on December 1, 2023 by henry tapper

Hiring a financial adviser is a serious business, it could be the start of a lifelong relationship , for many people it is. But the financial model for advisers assumes that most clients will have an annuity value, that means … Continue reading →

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Should the tax-payer subsidise the cost of vertically integrated advice?

Posted on July 18, 2020 by henry tapper

  The cost of pensions tax-relief is likely to be a burning issue in the months ahead. The tax-payer is supposed to incentivise good behavior. Pre-funding retirement income leads to self-sufficiency and independence on younger generations in later life. That’s … Continue reading →

Posted in advice gap, age wage, dc pensions, pensions | Tagged , , , , | 1 Comment

How to Find Good Financial Advice

Posted on June 19, 2020 by henry tapper

This article is by Paul Lewis and it is a very important reminder to us , not just of the need for financial advice, but to find good advice How do I find a good financial adviser? It’s a question … Continue reading →

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People approaching retirement face ‘financial emergency’ – Billy Burrows

Posted on April 1, 2020 by henry tapper

Billy is a national treasure – this is the text of an article that first appeared in Money Marketing There is clearly a national state of emergency, but there is also a financial emergency for those approaching retirement with a … Continue reading →

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Can pension ratings be “too simple”?

Posted on May 5, 2019 by henry tapper

  To my mind , the only meaningful way that someone using a workplace or personal pension can test for value for money is by comparing the money they put in with the value they get out. This is known … Continue reading →

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Pension Bee ask “who’s Robin who?”

Posted on July 31, 2018 by henry tapper

  Pension Bee don’t play by the rules. They are a pension provider that isn’t run by actuaries. They give support to their customers through enthusiastic bee-keepers. They run an efficient pension savings plan that offers everyone access to quality funds with a minimum … Continue reading →

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Cost and value of advice in Port Talbot

Posted on November 9, 2017 by henry tapper

Al Rush and I drove down to Wales yesterday and spent a day in the Taibach Rugby club at the invitation of the moderators of the BSPS Facebook groups. Good chatting with steelworkers in Taibach. Met up with a schoolmate … Continue reading →

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Do you want to advise BSPS members in their “time to choose”?

Posted on November 1, 2017 by henry tapper

This blog is for financial advisers, though anyone, including BSPS members, may find it useful. Financial advisers are urgently required by these members who are in their “time to choose”. There are two self-help groups for BSPS members. One is for all … Continue reading →

Posted in advice gap, BSPS, pensions | Tagged , , , , , | 9 Comments