Tag Archives: Income

Don’t spend it all at once

Posted on January 24, 2024 by henry tapper

My Grandma gave me as a 21st birthday present the proceeds of a life insurance policy . It came as a cheque for around £400 in a card with the message “don’t spend it all at once”. I went to … Continue reading →

Posted in pensions | Tagged , , , , | 2 Comments

Will British Steel lessons fuel retirement income review reforms?

Posted on April 18, 2023 by henry tapper

Stephen Lowe of Just clearly thinks that the redress project that is going ahead for British Steelworkers ill-advised to leave their pension scheme has focused minds at the FCA on the need for  income in retirement. Citywire reports  Lowe as … Continue reading →

Posted in pensions | Tagged , , , , , , , , | 1 Comment

It is time to take annuities seriously again – Billy Burrows

Posted on August 4, 2022 by henry tapper

  Annuities have always been a serious business* but since the introduction of pension freedoms in 2015 most retirees (and advisers) have not taken annuities seriously and many invested in pension drawdown rather than purchase an annuity. Annuities have been … Continue reading →

Posted in pensions | Tagged , , , , , , | 4 Comments

Dip into your pension at 55 and you could be “pension non grata”.

Posted on January 19, 2020 by henry tapper

Most people know they can draw the money in their pension pot from 55, and because they can – they do. Very few sustainable drawdown plans are established by people in their fifties and very few annuities. 55% of annuities … Continue reading →

Posted in annuity, pensions | Tagged , , , , , | 4 Comments

FAKE NEWS – eroding the credibility of pensions.

Posted on January 12, 2017 by henry tapper

“Yesterday I ran a blog complaining not about fake news but about misinformation accompanying the news. MOMENTUM – hang your head in shame! The news Momentum has is that the vast majority of people over 55 still don’t know when … Continue reading →

Posted in pensions | Tagged , , , , , , , , , | 4 Comments

Thanks – it’s a delight to do business with you!

Posted on October 28, 2016 by henry tapper

    It’s a real delight speaking to micro businesses about pensions. You might think a simple question like “which one do you think is best?” would become boring, now we’re closing in on 5000 employers who’ve asked us it. … Continue reading →

Posted in auto-enrolment, pension playpen, pensions, robo-advice, Sage | Tagged , , , , , , , , , | Leave a comment

I know what to do- I just want help! Equities, volatility and dividends.

Posted on September 1, 2015 by henry tapper

  The unconventional, but inescapable, conclusion to be drawn from the past fifty years is that it has been far safer to invest in a diversified collection of American businesses than to invest in securities – Treasuries, for example – … Continue reading →

Posted in pensions | Tagged , , , , , | 8 Comments

When you’re 64… buy the state pension! (girls buy even earlier!)

Posted on June 1, 2015 by henry tapper

  I chaired and spoke at a number of retirement income seminars last month – you may have been at one. While I was encouraged by the engagement and education of the audience in financial products, I was frustrated by the scope … Continue reading →

Posted in actuaries, annuity | Tagged , , , , , , , , , , , , | 3 Comments

Pensions Guidance – Information, Consequences and Support (from the Ferret)

Posted on December 2, 2014 by henry tapper

This is a really excellent note from the  Ferret    This note, and the linked notes below, highlight the need in pensions’ guidance for thorough examination and modelling of individual circumstances and the value of the presentation of options in an easily … Continue reading →

Posted in pensions | Tagged , , , , | Leave a comment

Safe, stable, regular and for life

Posted on September 10, 2014 by henry tapper

I had lunch with Mr Sipp yesterday. Mr Sipp is John Moret and he has done more to pioneer the new pension freedoms than anyone else. I think the dodgy curry and glass of house white I bought him scant … Continue reading →

Posted in annuity | Tagged , , , , , , , | Leave a comment