Category Archives: Bankers

People seeking safety at any price?


  I was annoyed to listen to one of the Bank of England’s Chief Economists Andy Haldane tell the BBC’s Robert Peston that people were seeking safety at any price. Passing the buck on to the “cautious consumer” may play … Continue reading

Posted in actuaries, advice gap, Bankers, Mark Carney, pensions, Politics, Retirement, reward | Tagged , , , , , , , , , , , , , , , , | Leave a comment

The pensions industry is far from ready for 2015.


There has been an assumption that through Guidance, Advice and revitalised Product, Britain’s lucky retirees drawing benefits from 2015 will take advantage of the new pension freedoms and things will be alright. The sharp of sight will have noticed a … Continue reading

Posted in advice gap, Bankers, pension playpen, pensions | Tagged , , | 1 Comment

Why we have no time for “Banker Immunity”.


  We have not seen bankers marched in handcuffs from their desks but now it seems we might. The regulators have put-out a consultation paper that seeks to pin accountability on Directors (including non-executive Directors). A good friend of mine … Continue reading

Posted in Bankers, Fiduciary Management, Financial Conduct Authority | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

A tale of two Cities


      Have you ever turned up at a place and realised you shouldn’t be there – but stayed anyway just to see what it was like? That’s what happened to me yesterday. I went to an event about … Continue reading

Posted in Bankers, Blogging, London, Treasury, welfare | Tagged , , , , , , , , , , , | 1 Comment

How retirement products evolve (and revolve).


  There are three drivers that shape the evolution of financial products – supply, demand and Government intervention. Between the mid 80s and today Britain has seen a Financial Services Revolution that has been no less dramatic than the agrarian … Continue reading

Posted in auto-enrolment, Bankers, corporate governance, Financial Education, pensions | Tagged , , , , , , , , , , , , , | Leave a comment

“Accelerators” How a student wants to embed “pensions” in Britain’s start-ups


I’ve written before about Josh Collins, a student who’s managed to get a first in mechanical engineering without sitting his  A levels (it’s hard to do exams when you are homeless from 16-18.) Josh sent me his thoughts on how … Continue reading

Posted in Accelerator, Bankers, corporate governance, dc pensions, pensions | Tagged , , , , , , , , , , , | Leave a comment

It’s all kicking off….


  At first the Arab Spring amazed me as random. Now I can  make sense of what happened and see how it all tied in . I’m sure the means by which people talked and events were reported added to the sense of … Continue reading

Posted in advice gap, annuity, Bankers, pension playpen, pensions, Public sector pensions | Tagged , , | Leave a comment

How I want my hard-saved earnings – thoughts on a walk!


  Not many people fantasize about the letter they will get from their workplace pension provider when they get to the point they can start spending their hard- saved earnings. As I made my way around Studland Bay, Old Harry … Continue reading

Posted in advice gap, annuity, Bankers, Blogging, CDC, dc pensions, defined aspiration, FCA, Financial Conduct Authority, NEST, pension playpen, pensions | Tagged , , , , , , , , , , , , | 4 Comments

Annuity reform- payroll needs to be in the front seat!


Yesterday I wrote about the positives of the proposed abolition of compulsory annuitisation for the life insurers active in the UK pensions market. Today I want to share thoughts on payroll, who are always the last to be consulted and the … Continue reading

Posted in advice gap, annuity, auto-enrolment, Bankers, Payroll, pensions | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

I’m in- who’s out?


  I’m serving up a dish which may have gone cold in your inbox or may not have reached you at all. Personally I’m not concerned about opt-out rates, even if they crept above the 9% generally advertised. That Ceridian … Continue reading

Posted in advice gap, auto-enrolment, Bankers, brand, Change, corporate governance, Payroll, pensions | Tagged , , , , , , , , , , , , | Leave a comment