Tag Archives: transfers

LCP and Royal London; helping us make better retirement decisions


LCP and Royal London have produced a joint report on HELPING DB MEMBERS MAKE BETTER RETIREMENT DECISIONS: THE ROLE OF SCHEMES, ADVISERS, REGULATORS AND GOVERNMENT You can read it here The Main findings are The LCP Breakfast Briefing I had … Continue reading

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“Going halves on DB” – the argument for (and against) partial transfers.


(Rival) consultancy LCP and insurer Royal London have joined up to produce a paper calling for it to be mandatory for trustees to provide members with the option to take part of their DB pension as pension and part as … Continue reading

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Transfer values, discount rates and reality – some insight from Con Keating


The picture above shows Con holding forth at a lunch in Whitechapel, I think he was talking of this very subject. “What oft was thought but ne’er so well expressed” – thanks Con! Prompted by the publicity surrounding DB pension … Continue reading

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First Actuarial – “scaremongering on solvency is driving people to cash-out their DB pensions.”


  In a week when we learned pension freedom withdrawals hit a record £1.9bn, First Actuarial warns advisers’ exaggerated concerns about the ongoing viability of defined benefit (DB) schemes is contributing to the recent surge in people cashing out. A … Continue reading

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Is the mood music on DB transfers changing?


The irrational exuberance that characterised the FT’s pension transfer seminar in the spring may have marked a high-water mark in the rush to liberate. Martin Woolf and Merryn Somerset-Webb urged us to take our pension in our own hands (or … Continue reading

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Doing our own laundry.


Travelling across south London on a bus, early on a Sunday morning, I can talk to and listen to people who I don’t come across at work. I ask a West Indian nurse what she thinks of her pension, at … Continue reading

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CETVs; the flight from quality


Both the Times and the Financial Times report today on the anticipated voluntary withdrawals from Britain’s DB pensions through cash equivalent transfer values (CETVs). The FT, relying on Mercer as a source, estimate the withdrawals to be as much as … Continue reading

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The Earth isn’t flat. How contingent fees can deliver the best outcome for customers – Peter Doherty


“This article has been sent me by Peter Doherty, CIO of Tideway Investment Partners  It makes the case for fees for transfer advice only to be charged in the event of a completed transfer and not in the case of … Continue reading

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Estuarial investors – running scared?


  Al Rush and I are aiming for a balanced great transfer debate where the voices of all sides of the conversation will be heard. So we have stretched out the hand of friendship to the estuarial adviser and investment … Continue reading

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The pension transfer debate can’t be left to experts!


I’m a big fan of outright hostility on social media, especially if it is directed at me. I don’t rate myself as anywhere near as good as Paul Lewis – who is the master at absorbing and developing such hostility … Continue reading

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