Archive for the 'Retirement' Category


Annuity – to indexed link or not

As a financial advisor, I constantly tell my clients to be aware of inflation. It’s always there and will eat away at the real value of your money. So when it comes to annuities, why do I tell my clients not to protect their pension from inflation? Let’s look why. Let’s take the following scenario: […]

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Aviva’s enhanced annuity offering

Aviva announced last week that they want to shake up the annuity market. How will this be done? By offering higher annuity rates to everyone? No, by enhancing the rates to people who will die early; people with cancer, heart conditions or strokes. They cite the fact that 1 in 4 annuities in the UK […]

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Retirement Options Explained Part 3 of 3 – Taxable Cash

Over the last two weeks we have explored Annuities and Approved Retirement Funds. Today we will talk about the last retirement option available, taxable cash. What exactly is taxable cash? As the name suggests, it is taking a lump sum of cash (above that of your tax-free lump sum) at the point of retirement and […]

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Retirement Options Explained Part 2 of 3 – Approved Retirement Fund

Last week, we started Retirement Options Explained with Annuities. I am going to continue this week with telling you about the Approved Retirement Fund (ARF) option. The ARF was introduced in 1999 and has gone through a number of changes over the years. What is an Approved Retirement Fund? An Approved Retirement Fund is an […]

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Retirement Options Explained – Part 1 of 3 – Annuity

In the past, when you got to retirement age, it used to be very simple. You got a cheque and then you started to receive an amount into your bank account every month instead of your salary. Now, you can either: Purchase an annuity Invest in an Approved Retirement Fund Take it all as taxable […]

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I want my future back

6 Biggest Mistakes Retirees Make

Over the 13 years I have been providing retirement advice to clients, there are a number of mistakes that I see people make in the run up to their retirement and during retirement. In some cases, the mistakes they make has lead to them having a miserable retirement. Here, I go through the 6 biggest […]

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