Pension Drawdown Is Changing

March 1, 2011

  As promised here is an article on the changes to Unsecured Pensions( also known as drawdown).    Summary of the proposed changes    The age 75 rules on annuitisation, value protection lump sums, pension commencement lump sums (PCLS) and trivial commutation lump sums will be removed.    The age 75 rules on contributions and Lifetime [...]

Read the full article →

Are Pensions the New Rock’n’roll?

February 24, 2011

Well probably not but there has been enough changes in the last few months to cause more than a few heated debates amongst the many interested parties. Pensions are headline news and trust me that is not going to change anytime soon! Over the next week or two I’m going to be putting up a [...]

Read the full article →

Retirement Advice and Planning article from The Prudential

February 22, 2011

Your retirement could last decades.Life expectancy after retirement Retirement could last longer than you imagine… People often think of their pensions as a bit like savings accounts. So they pay money in while they’re working, and when they retire they think they can take that money out, as and when they need it. But that’s [...]

Read the full article →

WDB Market Commentary January 2011

February 8, 2011

The January Financial Market Commentary is now available to read and download as a PDF. Global Economy and the financial market are some of the topics discussed. The Sirens Of the many challenges posed during 2010 the greatest was to ignore the background noise. Experience has taught us that the short term distractions in the [...]

Read the full article →

WDB Market Commentary December 2010

February 3, 2011

New Market commentary and financial advice for investments and markets is now available.   Steady as she goes  Investment markets remain resolutely nervous. This, though, is a thoroughly good thing and means that we can continue our long-standing strategy of cherry-picking exceptional value as and when prices fall, rather than the alternative of having to [...]

Read the full article →

END OF AGE 75 RULE

December 10, 2010

There was positive news on pensions today with the release of a document explaining new rules which will do away with the need for people who have defined contribution (aka money purchase) pension schemes to purchase an annuity by the age of 75. This proposed change is aimed to come into force in April 2011. [...]

Read the full article →