News and blog

Women's State Pension Age Increasing

The government has stood firm over its plans to raise the women’s state pension age to 66 by 2020, although there will be transitional arrangements, which means that the State Pension Age for both men and women will increase to 66 by April 2020 with the State Pension Age for women reaching 65 by November 2018.

Industry experts predict internet will dominate annuity product selection...

UK annuity providers and experts believe IFAs could be the fourth choice for retirees behind their employers and current investment provider.

The research commissioned by annuity administrators, Xafinity Paymaster, showed while providers believed for critical decisions such as annuity advice, IFAs should be involved, most retirees will in reality go to their existing provider followed by the internet to pick a pension.

The most popular channels for annuity advice at retirement were firstly, existing investment providers, secondly the internet, thirdly current employer or scheme trusteee, fourthly IFA and finally a bank.

Is this the latest pension mis-selling scandal?

How to decide if transferring a pension is right for you.

This week, Steve Webb, the pensions minister has arranged an emergency meeting with the Pensions Regulator to discuss the fear that thousands of workers have been enticed to give up valuable benefits in exchange for less generous cash-in-hand payments.

The Hidden Majority?

Recent research undertaken by Just Retirement on lifestyle changes and medical issues shows it is now estimated that between 55% and 65% of people retiring could have a condition that might qualify for an enhanced annuity and obtain a much needed boost to their income in retirement.

Recent advances in the accuracy of medical underwriting have enabled a ‘widening’ of the conditions that might qualify for an enhancement. Just Retirement’s research shows that more people than ever could benefit from an enhancement to their income in retirement. Also combinations of medical conditions and lifestyle issues are now taken into account in far greater detail.

SEMINAR CANCELLED - Your Option at Retirement

Thursday 26th May 2011 - Botley Park Hotel - 6.30pm for 6.45pm

Due to unforeseen circumstances, it is with regret that we have to postpone our seminar on Thursday 26th May 2011 at the Botley Park Hotel.

The seminar will be re-arranged for later in  the year, however if anyone would like to book a free consultation we would be happy to discuss your options at retirement individually.

Everyone who has booked a place on the seminar will be contacted by a member of  the team shortly.

Inflation hits 4.5%

Latest price inflation figures published this month show the Consumer Price Index (CPI) was 4.5 per cent in April, up from 4.0 per cent in March. The last time CPI annual inflation was higher was September 2008 when it stood at 5.2 per cent (the record high for CPI).

The rate of increase of the Retail Prices Index (RPI) came down, from 5.3% in March to 5.2% for the year to April bringing CPI and RPI even closer together.

However it worth noting the timing of Easter 2011 had a significant impact on certain travel costs included in the CPI due to the collection periods for air transport, sea transport and international rail travel including the Easter holidays. Easter in 2010 was much earlier and did not affect the April 2010 CPI.

FREE Guide - Questions to ask yourself BEFORE you retire

Retirement and Investment Solutions have recently added to their library of Free Guides and have published “Questions to ask yourself BEFORE you retire”.

This insightful booklet will highlight all the questions you need to ask yourself as you approach retirement and get ready for the biggest remaining change in your life. What you decide now could have an impact on your life for the next 25 years.

The booklet explores everything from how your health affects your retirement plans right through to how to find any old lost pensions that may be gathering dust.

First class service for clients

Here at Retirement and Investment Solutions we are constantly trying to improve and streamline our processes to give our clients the very best advice and a first class service.

One new addition we would like to announce is the introduction of a secure client facility on our website. We hope to use this facility to replace the current process of sending out Brooks Macdonald Quarterly valuations and Contract Notes by email. We will also update the secure site with market updates and any other information that may be relevant.

Steve and Jackie are currently beavering in the background fine tuning some details and then will be in contact regarding this exciting new facility.


1.  Kidnappers are not very interested in you.

2.  In a hostage situation you are likely to be released first.

3.  No one expects you to run - anywhere.

4.  People call at 9 PM and ask, "Did I wake you?"

5.  People no longer view you as a hypochondriac.

DWP Report on Later Life - some interesting views

Publication of DWP Research Report 737. Research published yesterdy examines what aspirations people of all ages hold for their later life, what they are currently doing to prepare, and what enablers and barriers there are to achieving their aspirations.

This study focuses on many of the social aspects of preparing for later life and specifically looks at what plans people are making for later life in their earlier years; what hopes or ambitions may motivate people as they approach later life; and, whether later life is viewed as an opportunity to do things people were unable to do in their earlier years or as a time to relax and do less.

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Contact us

Retirement and Investment Solutions
5 Lancer House, Hussar Court
Hampshire, PO7 7SE

T: 01489 878300
F: 0870 0104883