Insights, opinions and commentary on the retirement issues that matter to Financial Advisers

Lifetime Allowance Charge – are there strategies for mitigation?

23 February 2021

Since the pension ‘simplification’ in 2006, the tax benefits of all types of pension scheme have been limited by the same two allowances: the Annual Allowance (the belt) and the…

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Guest Spot: What the FCA’s DBAAT means for suitability of advice

17 February 2021

On January 15, the FCA put their defined benefit advice assessment tool (DBAAT) out into the public domain. Up until this date, the weighty Excel spreadsheet had been used behind…

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Guest Spot: The death benefit distraction

21 January 2021

It could be argued that the art of distraction, the practice of moving someone’s attention away from what they should really be focused on, has become more prevalent in some…

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Guest Spot: Optimising probability in retirement planning

12 January 2021

Delivering a reliable income stream from a diversified portfolio over an unknown period of time has, rightly, been described by William Sharpe as “the nastiest, hardest problem in finance” and…

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Guest Spot: Funding retirement income – The liquidity illusion

9 November 2020

Creating and managing a regular flow of ‘income’ from a diversified portfolio has been described by Bill Sharpe (he of ‘Sharpe Ratio’ fame) as the “nastiest, hardest problem in finance” Balancing three key moving parts in the retirement equation – longevity, inflation and investment returns – and achieving the optimal journey for the retiree, is something that has occupied some extremely bright minds for a few decades now.

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Guest Spot: Assessing Suitability – Times are changing for retirement advice

27 July 2020

The six key themes of the FCA’s ‘Assessing Suitability Review II’ on how retirement income advice is being delivered – times are changing for retirement advice.

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The Contingent Charging Ban

23 July 2020

The regulator has published its awaited policy statement PS20/6  and a number of changes are to be implemented later this year.  What are the new rules that will ban contingent…

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Defined Benefit transfers

22 July 2020

Keith Furniss explains the future direction of travel in the area of Defined Benefit transfers and what guidance there has been so far.

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Guest Spot: To switch or not to switch that is the question

18 June 2020

In this Guest Spot Adrian Boulding, Chief Innovation Officer of technology provider Spire Platform Solutions considers the case for “switching” in retirement cases.

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Contingent Charging – Would a ban be the thin end of the wedge?

17 February 2020

As the ban on contingent charging for Defined Benefit transfers goes through the motions of consultancy with the FCA, it looks extremely likely that the ban will end up being…

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Retirement Outcomes Review – improving engagement

10 December 2019

Are clients engaging with their pensions early enough? The FCA’s current “wake up” process, intended to get investors thinking about accessing their pensions benefits, is tied to an intended retirement…

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Intergenerational differences and financial services

10 December 2019

The FCA has said that as well as looking at how the market has evolved since RDR and FAMR, it’s important that the sector works well in the future; that…

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Guest Spot: Looking at Risk Differently in Retirement

28 November 2019

What are your plans to ensure your clients don’t run out of money in retirement? It is widely accepted that many clients are faced with different social challenges as retirement…

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