Comments for Cutler Financial Ltd http://www.cutlerfinancial.com Your locally based financial advice company, offering no-nonsense independent financial advice, explained in plain english Wed, 19 Nov 2008 20:21:55 +0000 http://wordpress.org/?v=2.6.1 Comment on Summary of last weeks events! by » Summary of last weeks events! http://www.cutlerfinancial.com/uncategorized/summary-of-last-weeks-events/#comment-3 » Summary of last weeks events! Wed, 12 Nov 2008 13:46:14 +0000 http://www.cutlerfinancial.com/?p=78#comment-3 [...] The US election may have knocked the financial crisis off the front pages last week but there is precious little evidence the new wave of political optimism will be matched in the markets. Original post [...] [...] The US election may have knocked the financial crisis off the front pages last week but there is precious little evidence the new wave of political optimism will be matched in the markets. Original post [...]

]]> Comment on OMO – Open Market Option or Offering More Options by Mike Jones http://www.cutlerfinancial.com/pensions/omo-%e2%80%93-open-market-option-or-offering-more-options/#comment-2 Mike Jones Thu, 14 Aug 2008 15:34:45 +0000 http://www.cutlerfinancial.com/?p=24#comment-2 Good blog Kevin. I find it amazing that people approaching retirement don’t fully investigate all of the options available to them with their pension funds. Is it ignorance or indifference? Are pensions and annuities so difficult to understand or is it just that pension education and pension communication has been so poor? If the average retirement pot is around £40,000, then a significant number of people will have substantially lower pots than this. And once they’ve taken their cash lump sum, there’s even less left to buy a retirement income, so, is it still worth shopping around with such small pension pots? Of course it has to be. No matter what is left, investigating the Open Market Option seems to me to be a ‘no-brainer’ and the media is full of articles and research about the ‘at retirement’ market. If you're approaching retirement, book an appointment and get advice from an IFA. Mike Jones, Director, pension education website www.MyCompanyPension.co.uk Good blog Kevin.

I find it amazing that people approaching retirement don’t fully investigate all of the options available to them with their pension funds. Is it ignorance or indifference? Are pensions and annuities so difficult to understand or is it just that pension education and pension communication has been so poor?

If the average retirement pot is around £40,000, then a significant number of people will have substantially lower pots than this. And once they’ve taken their cash lump sum, there’s even less left to buy a retirement income, so, is it still worth shopping around with such small pension pots?

Of course it has to be.

No matter what is left, investigating the Open Market Option seems to me to be a ‘no-brainer’ and the media is full of articles and research about the ‘at retirement’ market.

If you’re approaching retirement, book an appointment and get advice from an IFA.

Mike Jones, Director, pension education website http://www.MyCompanyPension.co.uk

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