Event: Monday 4th September 2017


Monthly Meeting & AGM

Monday 4th September 2017 – 5.45 for a prompt 6pm start

Address Details: Fox Williams LLP, 10 Finsbury Square, London EC2A 1AF

Pensions Panel

Are you in control of your pension?

We recently canvassed members and overwhelmingly pensions were a topic of interest with questions asked about: pensions for small businesses; Inheritance Tax; annuities and their alternatives; transfer of a final salary pension; choosing an advisor; fees and a lot more questions.

Did you know that pensions are the area most often tinkered with by any Chancellor of the Exchequer?  Gordon Brown removed £5bn a year from pensions savings in the late 90s – most people did not notice (some would say that this single act killed the Defined Benefit Pension). They have tweaked the amounts that can be contributed to a pension and introduced the life time allowance.  George Osborne introduced Pension Freedoms.  The Normal Retirement age has been changed several times.

We have a great panel of experts with a wide range of knowledge and experience of pensions including some wider aspects of planning for retirement.

This will be an excellent opportunity to ask questions of: The Pension Advisory Service, an Independent Financial Advisor who specialises in pensions, an actuary and expert on pensions for owners of small companies and the founder of a group, formed to guide people both before and after retirement.


Nigel Stern
The Pensions Advisory Service
Nigel is a senior advisor with The Pensions Advisory Service who are the people who help people with pensions, offering free and impartial guidance to people with workplace and personal pensions.

Simon Ricca
Prospect Financial Planning

Simon has over 30 years’ experience in financial services. Previously, Simon held senior positions within Oval, one of the UK’s largest financial services groups, and Kingston Smith, a top twenty firm of accountants.  He is a Chartered Financial Planner, a Fellow of the Chartered Insurance Institute and has expertise in the fields of investments, pensions and tax efficient financial planning.

Prospect Wealth Management and Prospect Financial Planning were founded by XTEND member Matthew Hunt

Nigel Sloam
Nigel Sloam & Co

Nigel read Mathematics at Corpus Christi College, Oxford University. He was trained initially with a major actuarial consultancy, then worked as Actuary and Investment Manager of a large (half British owned) Israeli Insurance Company in Tel Aviv. His subsequent experience included working as an actuary for subsidiaries of a major merchant banking group and as Technical Director of a leading Investment, Pensions and Insurance Consultancy and in 1979 founded his firm.

He is a Chartered Mathematician. He is an Associate of the American Society of Actuaries, a full STEP practitioner (TEP) and one of very few actuaries who are members of The International Tax Planning Association.

Nigel is a leading expert on the utilisation of member directed pension schemes for entrepreneurs, executives, professionals, artists and sportsmen and was the first and is the current Chairman of the Association of Consulting Actuaries Committee on SSASs and SIPPS. He has lectured widely in the UK and internationally at actuarial, accountancy and legal conferences and seminars.

He is involved in every area of the firm’s work: actuarial, investment, trusteeship, product development, pension and divorce consultancy for both their British and overseas clients

Richard Owen
Managing Director, Booming Lives

Richard Owen is the founder and Managing Director of Booming Lives (previously the OpenRetirementClub). As a pension fund trustee in the London offices of two American banks – Citigroup and State Street – Richard became concerned that many people were approaching retirement without sufficient knowledge of the retirement income options available to them. Good financial planning and understanding the choices available are essential. Richard believes that individuals should act more like trustees in respect of their own retirement savings and established Booming Lives to help people do this.