Advised clients 39% a year better off in retirement

Advised clients 39% a year better off in retirement

Posted By: Phil Handley DipPFS AwPETR On September 29, 2017 Category: Uncategorized

Research by Dunstan Thomas suggests those who seek advice at retirement can hope to be two-thirds better off than those who choose to invest the funds themselves. read the full story here https://www.professionaladviser.com/professional-adviser/news/3018308/nearly-half-of-baby-boomers-plan-to-do-nothing-to-increase-their-pension-knowledge [...]

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Is shopping around for Drawdown worth it?

Is shopping around for Drawdown worth it?

Posted By: Phil Handley DipPFS AwPETR On March 1, 2017 Category: Drawdown Providers Pension Drawdown Charges

The task of finding a home for your pension at retirement can be quite overwhelming. The myriad of choice is endless, and to those who haven’t invested before, the problem is knowing where to start. But is it worth the hassle shopping around? The easy part is deciding you want to choose drawdown over an annuity, the confusion begins when you start trying to work out where to put your funds. [...]

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Will Brexit Affect Your Drawdown Portfolio?

Will Brexit Affect Your Drawdown Portfolio?

Posted By: Phil Handley DipPFS AwPETR On February 3, 2017 Category: Brexit

Brexit has been in the headlines for months. Yet, the question remains: what does it mean for your retirement portfolio? As the negotiations unfold, let’s take a moment to consider how this event has impacted drawdown portfolios and investments. Notes From The News: Brexit’s Impact In the days and weeks following Brexit, there was much anxiety and concern about the impact of the decision [...]

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6 Mistakes Retirees Make With Their Finances

6 Mistakes Retirees Make With Their Finances

Posted By: Phil Handley DipPFS AwPETR On January 22, 2017 Category: retirement advice

You might think that having a guaranteed state pension or a generous package from your employer means you can move into retirement with ease. There’s a major problem with that perspective. While generous pension plans are valuable, your financial future may be at risk if you do not give thought to your entire financial life. No Financial Plan A professional financial plan covers all [...]

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How To Navigate The Two Big Threats To Your Retirement Income

How To Navigate The Two Big Threats To Your Retirement Income

Posted By: Phil Handley DipPFS AwPETR On January 17, 2017 Category: Pension drawdown

Planning for retirement has never been easy, even for those with generous defined pension plans. You have rising energy prices and new taxes to contend with on one hand. On the other hand, the retirement years often bring an increase in health expenses. For instance, you may need to pay for supplemental health care if you have a chronic illness. Those aren’t the only challenges you face. What[...]

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What does the US election result mean for my drawdown portfolio?

What does the US election result mean for my drawdown portfolio?

Posted By: Phil Handley DipPFS AwPETR On November 9, 2016 Category: Pension drawdown

As with Brexit, the markets were primitively shocked when the US electorate ignored the pollsters. Those with a drawdown pension may see some initial falls in their portfolios, but calmness is the order of the day. Markets will be volatile in the short term but a well-diversified and managed portfolio will have looked beyond short-term geopolitical upheaval to concentrate on the fundamentals of [...]

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4 Ways to invest in drawdown

4 Ways to invest in drawdown

Posted By: Phil Handley DipPFS AwPETR On October 5, 2016 Category: Pension drawdown

  If you’re considering drawdown as an option for your pension, you’ll need to think about where and how you're going to invest your money.  The DIY Investor Since pension drawdown became the more popular option for pension income withdrawal, there has been an upsurge in the Do It Yourself investor. As with most tasks, if you know what you’re doing, why not and save money on it rat[...]

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Huge increase in pension withdrawals

Huge increase in pension withdrawals

Posted By: Phil Handley DipPFS AwPETR On July 29, 2016 Category: Pension Freedoms

The pension freedom regime is certainly living up to its name with over £1.77bn being withdrawn in the last quarter. Figures released by the treasury show a huge increase in figures from previous quarters. Could this have been the Brexit effect? Were people thinking they’d rather have their money in their own bank accounts than pensions? Well maybe so, but the more likely answer is the re[...]

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Partnership pulls Blended Enhanced Retirement Account

Partnership pulls Blended Enhanced Retirement Account

Posted By: Phil Handley DipPFS AwPETR On July 18, 2016 Category: Partnership

Enhanced annuity provider Partnership has decided to remove its hybrid annuity drawdown product following it’s tie up with Just Retirement. The product was launched in September 2015 following a slum in annuity sales after the pension freedoms launch. Partnership weren’t too well diversified and so tried to capture some of the retirees who had abandoned purchasing an annuity in favour or pe[...]

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5 Things to consider before taking Income Drawdown

5 Things to consider before taking Income Drawdown

Posted By: Phil Handley DipPFS AwPETR On July 11, 2016 Category: Drawdown tips

What are your ongoing costs in drawdown? Many providers offer income drawdown, but their charging structures are often difficult to understand. Ask for an illustration from a number of providers using the same fund, for example Stan Life Managed or Aviva Mixed Investment (40-85% Shares). This will show you a like for like comparison on provider costs. Usually, there are two or three ongoing[...]

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