HULK SMASH SECONDARY ANNUITIES!
Perhaps I was having a grumpy day (a blip in my otherwise sunny persona) when I wrote/ranted about the truly horrible prospect of a secondary annuity market. Or perhaps it was just a natural reaction to that horrible prospect. In any case, a few aspersions were cast in my direction suggesting I was trying out […]
HULK SMASH SECONDARY ANNUITIES!
Perhaps I was having a grumpy day (a blip in my otherwise sunny persona) when I wrote/ranted about the truly horrible prospect of a secondary annuity market. Or perhaps it was just a natural reaction to that horrible prospect. In any case, a few aspersions were cast in my direction suggesting I was trying out […]
Launch a secondary annuity market and then you can go out to play
For anyone even skimming HM Treasury’s consultation paper on the launch of a secondary annuity market, the lack of enthusiasm in its presentation was palpable. The press release and subsequent paper is permeated with the belief that for most people, sticking with an annuity is the right thing to do. It feels very much like […]
The freedom to get screwed
We measure out our lives by different things. J Alfred Prufrock measured his out by coffee spoons. For many of us our lives are marked out by Christmases, Hogmanays, birthdays and anniversaries. But in financial services, our lives are marked out by two things: politicians dicking around with pensions, and mis-selling scandals. This being an […]
The freedom to get screwed
We measure out our lives by different things. J Alfred Prufrock measured his out by coffee spoons. For many of us our lives are marked out by Christmases, Hogmanays, birthdays and anniversaries. But in financial services, our lives are marked out by two things: politicians dicking around with pensions, and mis-selling scandals. This being an […]
Another blog about retiring
Six months ago or so I wrote a blog about my Dad’s imminent retirement. I’m not egotistical enough to assume you’ve been on the edge of your collective seats waiting on an update (The Deathly Hallows this ain’t) but here it is anyway. Nelson Sr. got off to a disheartening start thanks to some pretty […]
Another blog about retiring
Six months ago or so I wrote a blog about my Dad’s imminent retirement. I’m not egotistical enough to assume you’ve been on the edge of your collective seats waiting on an update (The Deathly Hallows this ain’t) but here it is anyway. Nelson Sr. got off to a disheartening start thanks to some pretty […]
A blog about retiring
Annuities are a hot topic at the moment. So I decided to step away from the recent industry noise and take a closer look at the market for myself. Here’s what I found. First, it’s crass to talk about the annuity market as a whole. Market rates vary so much from client to client that […]
