Archive for the 'Assured Retirement news' Category

Assured Retirement awarded Top 20 UK Retirement Blog

Top 20 UK Retirement blogs

Assured Retirement has been selected by Feedspot as one of the Top 20 Retirement Blogs in the UK.

Feedspot is an RSS reader – RSS stands for rich site summary or real simple syndication.

RSS allows you to put all of your reading in one easy to access location, not your email inbox.

To keep up with the latest retirement news, you don’t have to visit different websites every day to see what’s new. With RSS, you select your favourite sites and when they post something new, it will automatically feed into your reader.

Assured Retirement named as Moneyfacts finalists

Moneyfacts.co.uk

Investment Life & Pensions Moneyfacts Awards 2017

Assured Retirement are delighted to announce that we have been shortlisted as a finalist in the 2017 Investment Life & Pensions Moneyfacts Awards. We have been shortlisted in the Best Third Way Product Provider category alongside much larger and longer established providers such as Aegon, Legal and General, LV= and MetLife.

The Moneyfacts Awards are one of the highlights of the personal finance industry calendar. Rigorous product monitoring is carried out throughout the preceding year and the intermediary community is also consulted for their feedback.

The finalists and eventual winners of the Investment Life & Pensions Moneyfacts Awards are decided by a combination of methods. Two elements make up the product-specific categories: the first is a financial adviser voting process that takes place between 6 March 2017 and 19 May 2017, whereby advisers are asked to nominate their top three providers across the full range of protection, retirement and investment products. Advisers are free to nominate any providers they desire, rather than having to select from a pre-determined shortlist. These results are then given over to the analytical expertise of our research team, who will thoroughly examine each provider’s product pricing and features during the preceding 12-month period to come to the final decisions.

The public announcement of the shortlists was made on Thursday 22 June and the eventual winners will be announced at a dinner at the Royal Lancaster Hotel, London on 21st September 2017.

Assured Retirement join Origo options

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Assured Retirement’s Cash Retirement Account can now accept transfers via the Origo Options transfer system. I am sure you are aware of the benefits to clients which are summarised in this extract from the Origo website.

80% reduction in transfer times – Since so many leading industry names use Options Transfers, it has had a significant impact on customer outcomes. Not least, it’s brought about a substantial 80% reduction in transfer times.

In addition, it lets those involved in a transfer know exactly how it’s proceeding. Using status and service level agreement management, and a distinctive green, amber and red “traffic light” system, it gives a clear indication of the status of each case.

The addition of Origo Options to the Cash Retirement Account makes the proposition even more compelling.

Full details and live quotes are available on our website www.assuredretirement.co.uk

CASH BEAT SHARES FROM 1995 TO 2015

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Paul Lewis Money

Money in best buy cash savings accounts would have produced a higher return than a FTSE100 shares tracker over a majority of investment periods since 1995.

That is the shock finding of new research using best-buy cash data which has never been available before.

The results challenge the traditional view that putting money in a savings account is the poor relation of investing in shares.

The analysis also found that since 1995 investments in funds that track the FTSE 100 would have lost money up to a third of the time over investment periods from one to eleven years. Cash in a savings account always ends up higher than it started.

The new research compared returns from a simple tracker fund – which follows or ‘tracks’ the FTSE100 index of shares in our biggest hundred companies – with cash that is moved each year into a best buy one year deposit account with a bank or building society – sometimes called a ‘one year bond’. The tracker has dividends reinvested and the cash is reinvested each year with the interest earned.

It found that money put into this ‘active cash’ beat the total returns on the tracker in 57% of the 192 five year periods beginning each month from 1 January 1995 to the present. The tracker won in just 43% of periods. For some longer time periods the result were even more marked. For example, for investments made over the 84 fourteen year periods from 1995 cash beat shares 96% of the time.

The research was done by financial journalist and presenter of Radio 4’s Money Box programme Paul Lewis. He gained access to best-buy cash data back to 1995 from the financial information publisher MoneyFacts. Data back to 1995 has never been made available since it first appeared in the monthly MoneyFacts magazine. He says this data makes the research unique.

“This analysis of the new data shows that people who prefer the safety of cash can make returns that beat those on tracker funds in a majority of time periods.

Free guide to the Budget 2016

Assured Retirement Budget Guide

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Assured Retirement – guide to the Budget 2016

The Chancellor of the Exchequer, George Osborne, delivered his eighth Budget speech on Wednesday 16 March, his third in 12 months. In our Budget 2016 summary, we have provided information on the changes and key facts, and how they could have a bearing on your client’s finances today and in future years to come.

Tax and savings were central to Mr Osborne’s 62-minute speech. He had already scrapped proposals to shake up pension tax relief and instead unveiled a retirement savings vehicle for millennials called the Lifetime Individual Savings Account (LISA). Ultimately, this is a testing ground for the Pensions ISA proposed before Budget 2016, and it gives the Government the option to see how consumers react to the ISA option.

Mr Osborne added that people under 40, many of whom haven’t had a good deal from the pensions system, would gain government bonuses for saving into their LISAs, receiving £1 from the Government for every £4 saved, at a maximum of £4,000 a year.

For investors, there was good news with the higher rate of Capital Gains Tax (CGT) being cut from 28% to 20%, which comes into effect from April this year. Now it is even more attractive to create wealth through capital gains rather than earnings for higher-rate taxpayers on all gains apart from on residential property or ‘carried interests’. The details are to follow, but this will enable investors to benefit by realising the profit on the sale of shares and other assets at the reduced rate of tax.

Please find attached our complimentary copy which I hope will be of interest.

Assured Retirement joins AMS

Assured logo Picture

We’re very pleased to announce that Assured Retirement, the UK’s newest retirement income provider has chosen AMS Retirement for their first portal integration. Our Cash Retirement Account now appears on the Fixed Term section of AMS Retirement.

The Cash Retirement Account, which is a low risk fixed term secured drawdown plan, is designed for those who wish to access their pension savings in a cost effective and flexible manner using the new post-April pension flexibility. It is aimed at low risk investors and only invests in cash deposits with Banks, Building Societies and with National Savings and Investments, so there is no exposure to any investment risk.

The Investment is protected at all times as all deposit takers on the panel are fully authorised to do business in UK by the Financial Conduct Authority and are 100% covered by the Financial Services Compensation Scheme. The mixture of cash deposit accounts are selected so that the interest earned is maximised and mature in time to provide the required benefits. The amounts invested, including interest earned, do not exceed £75,000 with any single bank or building society, thus offering 100% protection at all time.

For more information about Assured Retirement’s product offering please go to their website, www.assuredretirement.co.uk

Assured Retirement present at annual Retirement Income Conference

Assured Retirement present at Westminster and City Retirement Income Options Conference
Assured Retirement have been invited to speak at the Westminster and City 19th Annual Conference on Annuities and Drawdown, a two day event on 25th and 26th November 2015, London Marriott, Canary Wharf, london, E14 4ED

Market leading rates

New Entrant offers market leading rates
FOR IMMEDIATE RELEASE: 12th July 2015
John Hiew, Chief Executive, Assured Retirement Ltd
E john@assuredretirement.co.uk W www.assuredretirement.co.uk
Assured Retirement, a new provider in the IFA market offer more flexibility and up to 30% better returns than the established fixed term annuity and secure drawdown providers*.

http://www.assuredretirement.co.uk/wp-content/uploads/2015/07/Short-term-FAD-Plans-Who-offers-the-best-returns-010715-031.pdf

John Hiew, Chief Executive of Assured Retirement says:
“For advisers who want to offers their clients an alternative to the inflexibility of a lifetime annuity or the investment risk normally associated with drawdown, a secure drawdown arrangement is a natural alternative. The Cash Retirement Account is a new product that uses modern technology to offer a low risk, low cost retirement income solution for customers with total returns up to 30% higher than the established providers.* ”

Assured Retirement Limited is authorised and regulated by the Financial Conduct Authority, FRN 651421.
Registered and incorporated in England and Wales No. 09265346. Registered address is 23 Westfield Park, Redland, Bristol, BS6 6LT.

IMPORTANT NOTE
* Sources – Assured Retirement and Iress The Exchange July 2015.
You should not take, or refrain from taking, any action based on this information. This information is not advice and if you are unsure about the suitability of an investment, you should seek Independent Financial Advice.

Super safe pensions for all at retirement

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FOR IMMEDIATE RELEASE: 19th June 2015
John Hiew
Chief Executive
Assured Retirement Ltd
E john@assuredretirement.co.uk
W www.assuredretirement.co.uk
T 0117 284 4013

Super Safe Pensions for all at retirement
Assured Retirement offer a solution for those who want flexible access to their pensions from age 55 but do not wish to have any investment risk. Investment risk can be a significant factor in the short term and when taking income from a pension. Cash would have outperformed the FTSE 100 on 34.91% of occasions over a five year period in the last 20 years*.

Assured Retirement’s Cash Retirement Account is a low cost pension with no investment risk designed for the average retiree who wishes to access their pension using the new post 6th April pensions flexibility, but do so without any investment risk. The Cash Retirement Account only invests in cash deposits and each account may be tailored according to individual needs. It offers access to a panel of banks and building societies that are all covered by the UK Financial Services Compensation Scheme.

John Hiew, Chief Executive of Assured Retirement says:

“An estimated 130,000 individuals are expected to access their pension funds in 2015/16 and for those who do not want the inflexibility of a lifetime annuity or the investment risk normally associated with drawdown, a cash based drawdown arrangement is a natural alternative. When drawing an income from their pension, many retirees cannot afford to take a medium to long term investment view and whilst the average annual return from the FTSE 100 over the last 20 years (including reinvested dividends) has been 7.37%, cash would have outperformed the FTSE 100 on 34.91% of occasions over a five year period*.  The Cash Retirement Account offers a solution for those who want flexibility but wish to avoid investment risk. It is a new product that uses modern technology to offer a low risk, low cost retirement income solution for customers.”

The Cash Retirement Account:

  • Can be set up for any investment term from 1 year to 5 years, in whole months
  • Has a minimum investment amount of £18,000, net of any tax free cash lump sum
  • Offers the ability to specify a taxable lump sum in addition to a tax free cash lump sum
  • Enables individuals to tailor their income, defer taking income, take a sustainable income or take no income at all
  • Offers the facility for an individual, or their employer, to make additional pension contributions
  • Has no investment risk because it only invests in cash deposits
  • Limits the exposure to any single bank or building society to a maximum of £85,000
  • Only uses bank/building societies that are covered by the UK Financial Services Compensation Scheme
  • Maximises the interest earned by using a panel of banks, building societies and National Savings and Investments
  • Offers both Flexi-Access Drawdown and Uncrystallised Funds Pension Lump Sum options
  • Has a low, all inclusive charge that is fully disclosed within every Personal Quotation

*Source – Assured Retirement calculations based on the following assumptions: a cash return of 2% per annum net of charges; a FTSE 100 net annual dividend of 3.10% after allowing for quarterly dividends and a typical ongoing charge of 0.07% per annum for a low cost index tracking fund; no allowance for stamp duty or dealing charges; zero index tracking error; zero initial charge; no allowance for adviser charges; calculations are based on every 5 year period from 2 January 1995 to 1 May 2015.

Web: www.assuredretirement.co.uk
Email: enquiries@assuredretirement.co.uk
Tel: 0117 284 4013

Assured Retirement Limited is authorised and regulated by the Financial Conduct Authority, FRN 651421.
Registered and incorporated in England and Wales No. 09265346. Registered address is 23 Westfield Park, Redland, Bristol, BS6 6LT.

IMPORTANT NOTE
This document is intended to contrast the relative performance of cash versus stock market based investments. Share prices and income from those shares may go up or down at any time. Past performance is not necessarily a guide to future performance. You should not take, or refrain from taking, any action based on this information. This information is not advice and if you are unsure about the suitability of an investment, you should seek Independent Financial Advice.

The first new provider of ‘Pension Bank Accounts’

PRESS RELEASE FOR IMMEDIATE RELEASE: 8th June 2015

John Hiew
Assured Retirement Ltd
E john@assuredretirement.co.uk
W www.assuredretirement.co.uk
T 0117 284 4013

The first new provider of ‘Pension Bank Accounts’

As part of biggest change to pension savings in living memory, retirees no longer need to buy a lifetime annuity to provide a retirement income and on the 6th April 2015 the Government introduced rules that enable people to make any number of withdrawals, of any size, from age 55, hence the term ‘Pension Bank Accounts’ that has often been used in the media.

It is disappointing but perhaps not surprising that a number of the large established pension providers have decided not to allow savers to access their pensions like a bank account.

Clearly, in most cases, pension plans were not built to offer this type of flexible access and the systems changes needed by the large providers are no doubt significant. However, it has also been suggested in the media that the huge privileges enjoyed by the pension industry – notably through the sale of profitable annuities – will finally begin to be dismantled and many existing providers are reluctant to see a revolution where individuals will be put back in control of their own money.

Assured Retirement have come up with a solution by offering a simple, low cost and low risk product for all those who are being denied flexible access to their pensions by their existing providers.

Our Cash Retirement Account – a low cost pension with no investment risk designed for the average retiree who wishes to access their pension using the new post 6th April pensions flexibility, but do so in a tax efficient way. The Cash Retirement Account only invests in cash deposits and each account may be tailored according to individual needs. It offers access to tax planning for all retirees, by allowing the phasing of pension payments over a period, enabling every individual to make the most of their personal and basic rate income tax allowances.

John Hiew, Chief Executive of Assured Retirement says:

“An estimated 130,000 individuals are expected to access their pension funds in 2015/16 alone and the recent decision by some of the larger providers not to offer flexible access will be a disappointment to many customers. The Cash Retirement Account allows such access and is available to any customer by transferring their existing pension fund into our Cash Retirement Account. It is a new product that uses modern technology to offer a low risk, low cost retirement income solution that is not constrained by the system restrictions and / or commercial conflicts that appear to be an issue for some existing pension providers.”

The Cash Retirement Account:

  • Can be set up for any investment term from 1 year to 5 years, in whole months
  • Has a minimum investment amount of £18,000, net of any tax free cash lump sum
  • Offers the ability to specify a taxable lump sum in addition to a tax free cash lump sum
  • Enables individuals to tailor their income, defer taking income, take a sustainable income or take no income at all
  • Offers the facility for an individual, or their employer, to make additional pension contributions
  • Has no investment risk because it only invests in cash deposits
  • Limits the exposure to any single bank or building society to a maximum of £85,000
  • Only uses bank/building societies that are covered by the Financial Services Compensation Scheme
  • Maximises the interest earned by using a panel of banks, building societies and National Savings and Investments
  • Offers both Flexi-Access Drawdown and Uncrystallised Funds Pension Lump Sum options
  • Has a low, all inclusive charge that is fully disclosed within every Personal QuotationAbout Assured Retirement: Assured Retirement was created to provide a new range of simplified pension products designed for those who wish to access their pension savings in a low risk, flexible and low cost manner. Our website has a comprehensive ‘Client Zone’ where we have a range of external links, case studies, product information and technical guides.Web: www.assuredretirement.co.uk
    Email: enquiries@assuredretirement.co.uk
    Tel: 0117 284 4013

    Assured Retirement Limited is authorised and regulated by the Financial Conduct Authority, FRN 651421.
    Registered and incorporated in England and Wales No. 09265346. Registered address is 23 Westfield Park, Redland, Bristol, BS6 6LT.

    IMPORTANT NOTE
    You should not take, or refrain from taking, any action based on this information. This information is not advice and if you are unsure about the suitability of an investment, you should seek Independent Financial Advice.