Category Archives: actuaries

So what would a pension exit charge cap look like?


Yesterday I spoke on Money Box in support of a cap on exit fee penalties from legacy personal pensions. Claire Trott spoke well in opposition and I’m quite sure that the ABI will take comfort in her argument that a … Continue reading

Posted in actuaries, dc pensions, Pension Freedoms, pensions, Pensions Regulator | Tagged , , , , , , , , , | 2 Comments

Preparing for an auto-enrolment capacity crunch.


The Telegraph is running a story suggesting that the DWP are drawing up a plan B for auto-enrolment that could see the timeline for initial staging stretch to the next decade. Nannies, gardeners and staff at small firms may not get … Continue reading

Posted in accountants, actuaries, advice gap, auto-enrolment, NEST, pensions, Pensions Regulator | Tagged , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Pro Bono – remember that? Hat’s off to ICPA and QTAC


I’ve been blogging recently about failure The failure of the Investment Association to align itself with the interests of its ultimate customers- consumers The failure of the NAPF to engage with employers not in the club (namely the 1.8 m … Continue reading

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“A question of trust”- accountants and auto-enrolment pensions.


I’m not going to quote Einstein’s definition of insanity as that would be madness. To understand how tactical short-cuts spiral into destruction look at what PPI has done to the share price of our high-street banks This blog is for accountants who … Continue reading

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How much does auto-enrolment cost?


The new living wage will make auto-enrolment more expensive If you are a small company, one of the unexpected items you’re going to have to add into your financial plan for the next three years is the additional cost of … Continue reading

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The Plowman gets off his high-horse!


Yesterday I published an article that allowed me to get off my high horse about “informed choice” and think pragmatically about how small employers are going to go about choosing a pension. I reckon most people like choice , but … Continue reading

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When you’re 64… buy the state pension! (girls buy even earlier!)


  I chaired and spoke at a number of retirement income seminars last month – you may have been at one. While I was encouraged by the engagement and education of the audience in financial products, I was frustrated by the scope … Continue reading

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IFAs and actuaries – as easy as “A Cap B”.


For half of the 30 years I’ve been advising people, I was paid by private individuals to help them take difficult financial decisions. For the other half, I’ve been paid by employers to help their staff take difficult decisions. This … Continue reading

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Knowing the “money” in “value for money”.


At last we may get to know what we really pay for the management of our funds so we can work out it it’s worth it. Continue reading

Posted in accountants, actuaries, annuity, investment, pensions, Pensions Regulator, risk | Tagged , , , , , , , , , , , , , , , , , | 1 Comment

Crushed by falling bond yields – great guest blog by Ralph Frank


Mainstream assessments of the state of investment markets tend to focus on the equity market.  The level of the FTSE 100, S&P 500, Dow and/or Nikkei is deemed to be an indicator of the health of savers’ investment portfolios and/or … Continue reading

Posted in actuaries, Bankers, CDC, defined aspiration | Tagged , , , , , , , , , , | 4 Comments