When the eternal optimism of youth is dangerous

June 18, 2014 Leave your thoughts Young-professionals-508

A recent survey by Blackrock’s Global Investor Pulse showed that young people aged between 25 and 34 have a stark problem. They believe they need at least £54,000 to live on in retirement. That’s fine; except for the fact that they also believe they need to accumulate a lump sum […]

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Ontarians ‘Wynne’ a new pension scheme

June 13, 2014 Leave your thoughts Kathleen_Wynne_pic_508

Ontarians voted heavily last night in favour of the Liberals Kathleen Wynne and her Ontario Retirement Pension Plan (ORPP). The plan was included in the budget that toppled Wynne’s previous minority government and was made a central plank in the ensuing election campaign. Now that the Ontario Liberals have a […]

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Why ‘going Dutch’ does not always mean you’ll get what you ordered!

June 4, 2014 3 Comments Dutch-style

Three months after shaking up the pensions market, the government has decided it’s time to do it again. Following the complete ‘liberation’ of the pension market announced in the budget, heralded by the abolition of the compulsion to purchase annuities with pension pots, the government has decided that they will […]

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The End of Retirement (Part Two)

May 29, 2014 Leave your thoughts End-of-retirement-part-two

This article was originally commissioned and published in for the March 2014 edition of the Investment Life & Pensions Moneyfacts publication. In the second of a two part series, Tom Murray suggests that the current range of life and pensions products is not sufficiently flexible to cater for the needs […]

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Actuarial Post: By George, everyone’s an actuary now!

April 28, 2014 1 Comment Financial_adviser_feat

This article was originally commissioned for the April edition of the Actuarial Post. Lost in the deluge of journalistic outpourings regarding the Chancellor’s latest budget and the ‘Dawn for Freedom’ for retirees, was the fact that the Chancellor was basically saying that in future the estimation of how long one […]

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Antipodean pension’s strategy is the opposite of our own

April 15, 2014 Leave your thoughts Superannuation-plughole

Just as the Chancellor decides that people are experienced enough to make the right decisions on pensions, evidence from Australia has surfaced to show that this may be completely the wrong approach. In the Australian superannuation system, the money that has been accruing into ones pension fund at retirement can […]

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The End of Retirement (Part One)

April 14, 2014 Leave your thoughts End-of-retirement

This article was originally commissioned and published in for the January 2014 edition of the Investment Life & Pensions Moneyfacts publication. In the first part of a two part series, Tom Murray explores what society might be like in a new age where people no longer retire in the traditional […]

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Exaxe licences its Channel Plus solution to existing client

April 2, 2014 1 Comment Exaxe-second-deal-existing-client

NEWS RELEASE: Dublin, Ireland, 2nd April 2014. Further to its recent announcement, Exaxe is delighted to announce it has licenced another of its software solutions to an existing client and consequently, in addition to implementing Illustrate Plus to replace the insurer’s legacy systems, Exaxe’s Channel Plus solution will also be […]

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Pension’s regime collapses like a House of Cards

March 25, 2014 1 Comment House-of-cards

Is the recent pension reform by Chancellor George Osborne, which has caused mayhem in the post-retirement market, a stroke of genius or a political masterstroke worthy of Machiavelli? The scale of his reforms took everyone by surprise, last Wednesday; in particular, the abandonment of the compulsion to buy an annuity […]

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