Tag Archives: Financial Services Authority

Addiction


Addiction is not a word that resonates positively. But we had a discussion yesterday centred on getting people addicted to properly managing their money, in which the word seemed entirely appropriate. People get addicted to courses of action resulting from a … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

“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

Posted in accountants, actuaries, Management, pension playpen, pensions | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Bringing down the cost of advice #FAMR


The Financial Advice Market Review asks whether Britain can bridge the advice gap for those people who “want to work hard, do the right thing and get on in life but do not have significant wealth”, strip out the political … Continue reading

Posted in advice gap, pensions | Tagged , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

WOW – RDR II just broke out!


The FCA have launched what they call “a major new review looking at how financial advice could work better for consumers”. A quick scan of the Terms of Reference of this Financial Advice Market Review suggests it is as ambitious in … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , , , , , , , , | 1 Comment

The transfer mess gets worse…


It’s been some weeks since I wrote about transfers. To recap, I have been predicting a seizure in the transfer market , resulting from high demand, low-advisory capacity and pipes blocked with regulatory effluent. So it doesn’t come as a … Continue reading

Posted in Treasury, trustee | Tagged , , , , , , , , , , , , , , , , | 10 Comments

Corporate Myopia


“Myopia” medically means short-sighted, in business a company is myopic if it cannot see the bigger picture. Businesses get short-sighted easily enough, typically when they do not need to try very hard and can concentrate on maximising return on easy wins. … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , , , , , , , , , | 1 Comment

The lady’s not for turning.


For reasons that weren’t particularly obvious , a random group crammed into a much too small committee room in the House of Lords on Wednesday night for a round table with the new pensions minister. It was a hot day that … Continue reading

Posted in pension playpen, pensions, Pensions Regulator, Personality, Politics | Tagged , , , , , , , , , , , , , , | Leave a comment

What’s the cost of choice?


I and my colleagues are fascinated by financial decisions; who to take out your mortgage with, who to bank with, which ISA to choose and which pension scheme to select for your staff. Which , Money Saving Expert and the … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , | Leave a comment

The freedom to transfer your pension benefits


The freedom to transfer pension benefits has since the 5th April been denied to millions of those with deferred pensions. If you are a member of an unfunded Government pension scheme (any scheme other than the Local Government schemes), they … Continue reading

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

Money in auto-enrolment? – the jury’s out!


This morning and regularly over the next few weeks, I will be speaking at Money Marketing Auto-Enrolment invitational events around Britain. These are the slides that I will  be using   Advisers and auto enrolment from Henry Tapper It’s odd … Continue reading

Posted in auto-enrolment | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment