The Chancellor of the Exchequer has conjured up a Budget giveaway in these difficult times for those with annuities, but it is, of course, with people’s own money. With five million odd people in the UK receiving money from various … Read More
People with annuities may soon be allowed to join the pension reforms party. But tickets could prove expensive
The Government may be planning to give millions of annuitants the right and the ability to trade in their old annuities. This means they won’t feel left out of the Freedom and Choice reforms, changes that are set to revolutionise … Read More
One gets a sense from the Labour opposition that if they are in doubt about an area of the market, they propose a price cap. They are proposing to do this for income drawdown. An announcement from the Labour leader … Read More
The amount of tax relief you get on your pension has become an election issue. The two governing parties and the main Labour opposition are adopting very different approaches. There has often been speculation that in these straitened economic and … Read More
Want to change your financial life and much more? Life planning expert George Kinder says he knows how
George Kinder wants to spread the concept of ‘life planning’ around the globe and to the masses. Life planning is the branch of financial planning which aims to go deeper into someone’s life, circumstances and goals to help them identify … Read More
It’s the nasty, unsuitable, unregulated overseas property schemes that are one of the biggest pension risks come April
What does it matter what people do with their own pensions savings and investments when it comes to taking an income? It matters quite a lot actually for a host of reasons including their own financial well-being of course. In … Read More
Football may not be competitive in sports or business terms, but the remedy – financial fair play – may be making things worse
Manchester United are tipped to take over from Real Madrid in the global financial stakes in the next two years providing they secure Champions’ League football. The Deloitte Money League suggests that United, despite last year’s disappointing seventh in the … Read More
The Financial Conduct Authority has investigated the world of savings accounts and found a lot wanting in terms of the behaviour of many banks and building societies. The clue’s in the name. This is a watchdog charged with ensuring that … Read More
The Coalition has enjoyed a very good run on pensions but could the state pension changes prove to be an Achilles heel in the coming election. A recent freedom of information request by Hargreaves Lansdown suggests that as many as … Read More
Tesco’s turnaround plan is a big blow for the retirement prospects of staff. But will they understand the full implications?
The members of Tesco’s generous defined benefit AKA final salary pension scheme have really paid the price for the mismanagement of the last few years. The story was nearly lost amid praise from market commentators but was reported in FT.com … Read More
John Lappin, the editor of Mindful Money, has been a financial journalist for more than 15 years. He was a long standing editor of financial newspaper and website Money Marketing and was Headline Money journalist of the year 2009. He believes it is essential that trust is rebuilt between consumers and the financial services industry though most of the onus is on the industry to demonstrate this trust. Without this, consumers and investors will remain undersaved, underinvested and underinsured with huge implications for themselves, their families and for the country too.