Category Archives: advice gap

Making a buyer’s market for pensions


Organisations such as Which have always charged a subscription for their research. Those prepared to pay a regular monthly amount built libraries of reports which help us purchase everything from groceries to credit cards. Which put its readers in control- … Continue reading

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Freddy Flumper gets savvy!


  It’s been some days since I’ve reported on the fabulous Freddy Flumper -“fabulous” in the sense that I lives only in the fable on this blog. For anyone who missed the instructive fable of Freddy and Tony Lamborghini , … Continue reading

Posted in actuaries, advice gap, Australia, auto-enrolment, pension playpen, pensions | Tagged , , , , , , , , , , , , , , , | Leave a comment

11 tips for advisers planning for April ’15


  It’s been four months since the Budget and the aftershocks of George’s pension bombshell are still being fealt. One by one, the policy decisions which will shape the way advice and guidance will be delivered, are falling into place. … Continue reading

Posted in accountants, actuaries, advice gap, annuity, pension playpen, pensions, Pensions Regulator | Tagged , , , , , , , , | Leave a comment

Auto-enrolment’s tactical- pensions are strategic


  The old questions “are you managing your business or is your business managing you?” and “fail to plan, plan to fail” are annoyingly true- annoying because they are business clichés and doubly annoying as they remind us of the … Continue reading

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“Value for money” key to DC Governance say FCA.


The FCA published yesterday an important consultation (CPA14/16) proposing rules for independent governance committees (IGCs). The introduction of IGCs was agreed by the ABI as part of a deal with the Office of Fair Trading that fended off insurers being referred to a more serious investigation. The main … Continue reading

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Good pensions need good bosses!


. My friend Steve Bee has produced a marvellous cartoon this morning. The need to save between 15 and 20% of lifetime earnings hasn’t changed. The numbers being crunched to come up with the 17.5% recommended lifetime contribution rate should … Continue reading

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SIPPs – where does the buck stop?


  The recent ruling of the Financial Ombudsman found in favour of investor- “Mr A” and against Berkeley Burke, a SIPP provider who had managed a £25,000 investment made by Mr A in Sustainable AgroEnergy. Mr A had been advised by … Continue reading

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Will CDC be available to everyone with a DC pot – or just a lucky few?


A snag has emerged in the Drafting of the Pension Schemes Bill (that will introduce Defined Ambition and with it CDC). It’s one of those little things that seems easy to fix but which has potentially huge consequences, a bit like … Continue reading

Posted in advice gap, CDC, DWP, now | Tagged , , , , , , , , , , , , , | 2 Comments

The NHS may hold the keys to Guidance


  I’m indebted to KPMG research for this excellent piece of research. If you didn’t click the link, here is the text of an article entitled “Can patients get the information they need”. Patients need information that is often very … Continue reading

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If we can provide health screening – we can provide pension guidance


  Organising the Guidance Guarantee is a daunting task but it is no more daunting than many public welfare initiatives. Each year the NHS screens and advises millions of us on a variety of health issues. From STDs to Breast … Continue reading

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