Category Archives: Financial Education

The true cost of pensions; UK vs Netherlands – guest blog from Emma Craig of KAS Bank

Posted on November 19, 2014 by henry tapper

  Yesterday the Financial Services Consumer Panel released a paper outlining key issues for long term savers created by opacity in the true cost of investing in pensions. As auto-enrolment of workers into (predominantly) Defined Contribution pensions continues apace the … Continue reading →

Posted in CDC, drawdown, DWP, Financial Conduct Authority, Financial Education, First Actuarial, pension playpen | Tagged , , , , , , , , | Leave a comment

Straight talking from the IMA on charges?

Posted on November 8, 2014 by henry tapper

  In one of the least incisive video interviews I’ve seen this year, here’s Ian Smith of Pensions Week quizzing Jonathan Lipkin- IMA Director of Public Policy Decision- on how the IMA and its members are facing up to the … Continue reading →

Posted in FCA, Financial Conduct Authority, Financial Education, governance, pensions | Tagged , , , , , , , , , , , , , | 5 Comments

“What we need and what we want” – financial education in schools

Posted on September 1, 2014 by henry tapper

  Many congratulations to Tracey Bleakley and all at pfeg for getting personal finance onto the national curriculum from today. Speaking on Wake Up To Money this morning, Tracey was asked what the one piece of financial advice she’d give to those in her … Continue reading →

Posted in FCA, Fiduciary Management, Financial Conduct Authority, Financial Education | Tagged , , , , , , , , , , , , , , | 2 Comments

Sign up for The First Actuarial Monkey League -2014 !

Posted on July 28, 2014 by henry tapper

  You can save yourself reading 644 words of Pension Plowman pontification and sign up for the Monkey League here. Or you can read the blog and take your decisions at the end.   Here’s why I’m promoting our Monkey … Continue reading →

Posted in Financial Conduct Authority, Financial Education, First Actuarial, monkey league, pensions | Tagged , , , , , , , , , , , , , , | 3 Comments

How retirement products evolve (and revolve).

Posted on July 25, 2014 by henry tapper

  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

“Who’s on our side?”

Posted on June 23, 2014 by henry tapper

  I’m having dinner with TV educationalist Alvin Hall, a man almost as well know for being attacked by ostriches as for his charismatic TV appearances. Looking through the list of other guests at the supper I reckon they represent … Continue reading →

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This country needs a proper debate about old age

Posted on June 11, 2014 by henry tapper

Do we understand  how people want to get paid in retirement? Yesterday I wrote about the American 401K system and the risks taken by people who become too cautious as they become older. The value judgements implicit in the report … Continue reading →

Posted in annuity, CDC, Financial Education, pensions | Tagged , , , , , , , , , , , , , , , , | 5 Comments

As for saving- our kids could be teaching us!

Posted on May 31, 2014 by henry tapper

  The punters just do not want what the pensions industry is trying to sell them   These are the words of the financial editor of the Evening Standard, Anthony Hilton. Hilton expresses his frustration not at the public but … Continue reading →

Posted in accountants, Financial Conduct Authority, Financial Education, pension playpen, pensions | Tagged , , , , , , , , , , , | 1 Comment

“Ring out the old – ring in the new”- who will be our investment fiduciaries in retirement?

Posted on May 9, 2014 by henry tapper

Yesterday I went to the Schroders DC Challenge conference which was all about “delivering value and certainty” to retirement savers. I left enlightened by some interesting debates and one or two talks. I’ll share with you three observations that I … Continue reading →

Posted in advice gap, Change, Financial Education, Henry Tapper blog, pensions | Tagged , , , , , , , , , , , , , , , , | Leave a comment

People aren’t stupid- our products are!

Posted on April 1, 2014 by henry tapper

I’m taking this comment out of comment so I won’t mention it’s source- it appears on a pensions website and is made by a leading actuary. Our challenge is to find a way to redress the balance and help them … Continue reading →

Posted in annuity, Financial Education, First Actuarial, pensions | Tagged , , , , , , , , , , , , , , | Leave a comment