Archive for ‘Pensions’

It’s such a difficult concept to argue against: freedom. For some you just need to picture Mel Gibson with blue face paint screaming the word and it’s “case closed”. Freedom encapsulates the abolition of slavery, the granting of the right to vote to all men and women, the rights and freedoms we have to speak out on any issue. It’s such a difficult term to…

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Author Virginia Woolf in her renowned 1925 novel, ‘Mrs Dalloway’, described one its characters thus:  “he is elderly, past fifty now”. Ouch!  That hurt!   Perhaps Woolf can be forgiven for her words were written only a few years after the end of World War 1, a dreadful period in history when many did not even reach their twenties. Contrast Woolf’s then perception of over-fifties with…

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Now the dust has somewhat settled on Wednesday’s Chancellor’s Budget statement, it’s clear it was rather a damp squib.   With only a few weeks to the General Election, it was perhaps going to be nothing else than a political budget. After the 2014 Budget which witnessed Mr Osborne pulling quite a few rabbits from his top hat, this Budget was perhaps more one of shooting…

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As most people will have seen from press, TV and radio reports, from April 6, savers over the age of 55 with pensions will be given more control over how they choose to manage and spend their retirement pots. Key changes include removing the requirement to buy an annuity – an income for life.   It means people draw money out as and when they wish…

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This is going to be a remarkable year. In April we’re going to see the most radical reform in pensions market in its history. Then I suspect we’re going to see an explosion of activity as people take advantage of the changes. In the space of a few weeks we’ll see the beginnings of changes, the effects of which will take a generation to fully…

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“This is nice, wouldn’t it be good to retire somewhere like this?” No doubt this thought has crossed the mind of one or two of us while relaxing on holiday in some distant land. However, sadly, the financial realities of moving abroad to retire don’t always marry up with the dream. For those of you who picture a tranquil retirement overseas, ensuring that your finances…

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I’ve got form having a go at the Baby Boomer generation, the rock and roll generation that wanted to live fast and die young. Where the Baby boomer generation has gone chaos has tended to follow. They caused booms and bubbles in nappies, schools, housing and arguably the recent stock market booms and busts. But this. Well this takes the biscuit. In fact this takes…

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There is a wonderful Blackadder line that applies tonight. “You are a girl with as much talent for disguise as a giraffe in dark glasses trying to get into a ‘Polar Bears Only’ golf club.” Today George Osborne blew a dog whistle over tax cuts and you really have to be quite deaf not to hear it. But George, he’s a canny one. He dressed…

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Views in this article are those of the author alone and do not necessarily represent the view of Scottish Friendly. Links in this article will take you outside of Scottish Friendly’s website and Scottish Friendly do not take any responsibility for the content of these other websites. I’ve spent time in the past lambasting the chattering classes of the industry of which I am a…

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OK, OK, OK before Stan corrects me for starting off with a masculine reference, this could easily have been titled it’s a rich woman’s world but then how would I have forced in the obvious ABBA link. I think that following the budget’s non-event over pensions it’s time that I returned to one of my biggest gripes about the financial services industry. The question of using an…

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