Tag Archives: personal pension

No one should ever have to buy a poor annuity again.

I’ve just read an article that could best be described as smug. It’s written by a lawyer in the financial regulation team of Foot Anstey – Alan Hughes. I don’t know Alan but I know his firm and have a … Continue reading

Posted in advice gap, age wage, annuity, pensions | Tagged , , , , , | 7 Comments

Over 55 and still paying commission on your pension?!*!

It may surprise you, but I am still paying commission to Allied Dunbar on a pension I took out in 1986 and stopped paying into in 1989. That commission works out as a 3.5% pa charge on the units I … Continue reading

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Pensions need to be sold for the sausage not the sizzle.

A great observation from Steve Groves, CEO of partnership this morning. @henryhtapper @tcfDAN @clivewaller healthy people were buying to early. Lie expectancy increased 10yrs and annuitisation age didn't move… — steve_g@partnership (@Sjg3G) January 12, 2016 By “buying” Steve means “buying … Continue reading

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Common sense needed on transfers

Whether you’re moving house or moving money, the process is fraught. We are no closer to pots following member than when the “portable personal pension” was established in 1987. The friction involved in moving money from scheme to scheme, fund … Continue reading

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Why we will have to wait for our freedom.

A prospect of market failure The sentence may have been over-turned but the prisoner is not free. At best he can wander the prison yard but the prison gates remain locked and even when they open , the pension will … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , , , , , , | 7 Comments