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Blog and press cuttings

Annuity comparator makes it easier to shop around From 1 March 2018 every firm issuing guaranteed annuity quotes must comply with new rules set out in the FCA’s policy statement PS17/12. In simple terms, firms will need to ask customers for their consent to use personal information in order to produce an annuity comparator. The annuity comparator is simply a new type of annui ...

Over the last few weeks we have been busy reviewing many of the pension drawdown plans we have arranged for our clients looking to see how they have weathered the recent the recent fall in global equity prices. The recent market correction was not a full-blown crash, probably not even a mini crash, just a short-term reaction to the possibility of an overheated US economy. We t ...

How should we react when there is an unexpected downturn in financial markets? This question was probably being asked by many advisers and their clients as global equity markets fell in the first weeks of February. At the time of writing, the fall in equity prices at the beginning of February appears to be a relatively small correction and far from a full-blown crash. The lat ...

Will 2018 be the year of the annuity after all? At the beginning of last year I asked the question; “Was 2017 going to be the year of annuity after several years of decline in rates and popularity”. In early January 2018 I reported “annuities are still in the doldrums and there are few signs that things will improve significantly in the next few months”. However by the 2nd we ...

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William Burrows

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