Tag Archives: finance

What do you do when the lights go out?


Professional Pensions run the story of the £22.9m fine dished out to State Street who had been double charging clients for years. I had thought of custodians till recently as their name suggests as guardians of assets, not as asset strippers. … Continue reading

Posted in Bankers, governance, pensions | Tagged , , , , , , , , , , , , , , | 2 Comments

John Kay has not left the room.


I had read Professor John Kay‘s Review of UK Equity markets and long-term decision making but it wasn’t till I heard him speak yesterday that I “got it”. Kay’s concern for the state of the UK financial services market goes much … Continue reading

Posted in Bankers, governance | Tagged , , , , , , , | 2 Comments

Replacing the financial salesman in the workplace.


Auto-enrolment killed this kind of adviser as video killed the radio star. Continue reading

Posted in advice gap, annuity, auto-enrolment, Payroll, pensions | Tagged , , , , , , , | 13 Comments

Bankrupt graduates – W.O.T.


We are  a nation in debt. Jointly and severally. As a country we have lived beyond our means, individually we have spent more than we have earned. The problem is not universal and many individuals have managed their finances well, … Continue reading

Posted in Bankers, Student debt | Tagged , , , , , , , | 1 Comment

Keeping kids solvent


Vivi Friedgut is quite a woman. Still in her early thirties she has left the world of private banking where she could make easy money advising the super-rich. She has chosen to invest her private capital in educating students and those at … Continue reading

Posted in Bankers, customer service, Facebook, Henry Tapper blog, pensions, twitter | Tagged , , , , , , , , , | 3 Comments

Not saving replaces debt as Britons’ biggest financial regret


Not saving replaces debt as Britons’ biggest financial regret Continue reading

Posted in Bankers, Martin Lewis, NEST, pensions, Retirement | Tagged , , , , , , , | 1 Comment

Don’t tell me what to do – give me advice!


In a recent polldaddy poll I asked whether people would pay for advice to get information, find out their options or to be told what to do. 60% of people wanted options , 30% wanted to be told what to do and 10% … Continue reading

Posted in corporate governance, customer service, dc pensions, de-risking, pensions, Retail Distribution Review, Retirement | Tagged , , , , , , , , , | 5 Comments

Be aware – IFAs at work!


In order for employers to get value from their employee benefit plans they had better be absolutely sure that they are delivered by advisers that need carry no wealth warning!
Continue reading

Posted in corporate governance, dc pensions, de-risking, Retail Distribution Review, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | 7 Comments

Could we find a truly independent financial adviser?


The Playpen met for lunch as they do every first Monday of the month to discuss a question posed to us by Paul Bradshaw- serial entrepreneur and the inventor (according to Alan Smith) of the £50,000 pa PEP. In attendance Bill … Continue reading

Posted in pension playpen, Retail Distribution Review | Tagged , , , , , , , , , | 2 Comments

Is DB Bankrupt?


Sept 2nd -St Stephens Club- Nick Spencer, GAM’s supremo makes startling assertion “DB is bankrupt” no investment strategy can return the typical DB plan to solvency. Sept 6th- Pension Playpen Lunch in Cornhill- 14 pension professionals sit down to discuss the issue over a pint … Continue reading

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