Tony Hadley: My Voice is My Pension

Tony Hadley MBE, the former lead singer of the 1980s pop group Spandau Ballet, has shared insights into his financial life, emphasizing the importance of his voice as his primary retirement asset. Known for hits like "True" and "Gold," Hadley, who is now 66, continues to perform extensively as a solo artist.

Hadley recounted his upbringing, where his parents instilled a strong work ethic. Despite living in rented accommodation with tight finances, he experienced occasional treats, like an educational cruise at age 13. He began working at age 12, earning 25p an hour at a local dairy.

He acknowledged financial struggles in the early years of Spandau Ballet, stating that despite chart success, money was often scarce. "It takes time for the money to roll in from hit records and tours," he explained. He recalled instances where he borrowed money for social outings but always repaid it.

Hadley described lucrative private concerts for corporate clients and weddings as particularly rewarding, often accompanied by unique perks. He recounted being flown by private jet to a concert in St. Tropez and performing in historic venues such as Roman amphitheatres and wineries.

The 1980s were financially successful for Spandau Ballet, but Hadley noted the challenges of dividing income among five members. He expressed satisfaction with his solo career, performing over 50 gigs annually and recently playing in Cancun, Mexico.

Regarding purchases, Hadley avoids extravagant spending on cars, opting for a Land Rover Discovery and a Fiat 500. He also refrains from buying a boat due to maintenance costs. While he enjoys fine wine, he adheres to his late father's principle of not spending excessively on a bottle. He does invest in well-tailored suits for his performances, spending up to £2,000 for custom-made ones.

A significant purchase he is proud of was buying his parents a Rover car, in "Gold" to match the band's hit song, during his Spandau Ballet days.

His biggest financial regret stems from a legal action in the 1990s with former bandmates against Gary Kemp over songwriting royalties, which was costly but something he felt strongly about. He views his decision to go solo as his best financial decision, leading to a successful and financially stable career through hard work and determination.

Looking ahead, Hadley plans to leave his assets to his children and grandchildren, acknowledging the current difficulties in securing property. He also intends to leave a portion to charities, as he frequently performs for charitable causes, including the UK Huntingdon’s Disease Association, Action Medical Research, and Shooting Star House. He has a private pension but considers his ongoing career his main financial provision, aiming to continue performing into his 90s, inspired by Tony Bennett.

Hadley owns a five-bedroom property in Buckinghamshire, dating from the 15th century, which he and his wife have extended. If he were Chancellor, he would appoint a top business executive to help the country and prioritize support for the vulnerable.

His number one financial priority is to maintain his career to provide for his family and allow for occasional indulgences like holidays, nice meals, and good wine.

Tony Hadley's "The Christmas Big Band Tour 2026" is scheduled to begin soon. Tickets are available at myticket.co.uk/artists/tony-hadley.