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Storm Emma and the Beast from the East

Sounds like the fairy tale “Beauty and the Beast”! 

The “Beauty and the Beast” is a simple tale with the themes of envy unrewarded, of learning to love what may at first appear a ‘beast’ and the benefits which virtue and selflessness will bestow on the individual.

For those of you who did not have the Ladybird book, this is a very quick synopsis of the story. A widower loses all of his wealth when his merchant fleet sinks in a tempest. He and his children are consequently forced to live in a small farmhouse and work for their living. Some years later, the merchant hears that one of his trade ships escaped destruction so he goes to recover his assets. Unfortunately, the cargo has been seized and the merchant is forced to take shelter in a castle. The castle is owned by a Beast who is the perfect host until the merchant picks a rose for his youngest daughter, Beauty. A deal is then struck that the Merchant must give Beauty to the Beast. Beauty lives a life of luxury at the Beast's palace but becomes homesick and begs the Beast to allow her to go see her family. He allows it on the condition that she returns exactly a week later. Her sisters are envious when they hear of her happy life at the castle. The wicked sisters beg Beauty to stay one day longer in the hope that the Beast will be angry with Beauty for breaking her promise and eat her alive. Beauty begins to feel guilty about breaking her promise so she returns to the castle to discover the Beast lying on the floor, apparently dead. Beauty weeps over the Beast, saying that she loves him. When her tears strike him, the Beast is transformed into the handsome prince from Beauty's dreams.

If you are trapped at home under the spell of the beautifully named “Storm Emma” or still have the snow deposited from the “Beast from the East”, here are some morals from the fairy tale that you could apply from this fairy tale.

  • Envy unrewarded – friends, who have moved their pensions into a scam, are often encouraged to sell the idea to their friends. Do not be envious of the exciting investments that they have been sold, it will leave you unrewarded.
  • Learning to love what may at first appear a ‘beast’ – the complexity of pensions make them seem a beast, which sometimes drives people to cash in at age 55. Learn to love the tax advantages, low charges and security that pensions can offer.
  • Benefits which virtue and selflessness will bestow on the individual – workplace pensions offer employees huge advantages including contributions from your employer that you would otherwise miss out.

Speak to The Pensions Advisory Service to better understand the beast of a pension that you may have and we should be able to transform it into a handsome prince.

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