Tag Archives: Financial services

Pension PlayPen wins AccountingWeb community award


This time last year I had never heard of http://www.accountingweb.co.uk. Yesterday I heard that I have been named their personality of the year. I am very proud and very grateful. AccountingWEB's Community Award winners of 2014, featuring @henryhtapper @NMPatel & … Continue reading

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“Lest we forget” – can we sweep legacy under the table?


      Yesterday, I wrote about why a good chunk of the personal pensions sold before 2000 (and a few after) were poor value for customers. The pensions were sold with “a lifetime of advice inside”, scandalously, the advice … Continue reading

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How Government can ensure capacity for good pensions advice and provision


There are concerns over whether the UK has enough spare power capacity over the coming years. So to ensure the lights stay on the government is offering electricity producers a “capacity payment”, which is a payment simply for having power … Continue reading

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The coffin slams shut on annuities – but will they stalk the night?


There was no smoking gun. Annuities hare not bad value but- through poor purchasing, they have delivered poor outcomes. This is my 20 word precis of the 100 page document which you can read for yourself here. This conclusion has not … Continue reading

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Hats off to all workplace pension providers


  I’ve referred earlier this week to an excellent article by Kim North in Money Marketing in which she points to the ongoing work Scottish Widows have been doing on the participation of women in workplace pensions. In the same … Continue reading

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Clarity needed on NEST’s finances


  The Pension Regulator has announced it intends to introduce a Directory of workplace pensions. The criteria for inclusion will be that the workplace pension must meet the Quality Standards being introduced from 2015 and that the workplace will be universally … Continue reading

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Pensions too boring for DWP select committee member


  Nigel Mills MP, who sits on the DWP’s Pension Select committee is so committed to his task that he chose to turn up to a DWP committee meeting as a part of the recent pensions debate. He used the time to  play … Continue reading

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Why employers pay no attention to the pension


Darren Say has written a very contentious article that you can read here https://www.linkedin.com/pulse/article/20141203141647-42828632-ae-pensions-insanity Darren opens by repeating three statements on pensions …employers don’t want world class pensions, they just want the problem to comply with AE legislation to be taken off … Continue reading

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AE – make a virtue of necessity


  It pains me to hear advisers talk of auto-enrolment as a “burden”. Helping to provide a retirement fund from which your staff can draw a pension seems to me a good thing for employers to do. If the phrase … Continue reading

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“Investing for the long-term” – guest blog from Ralph Frank


The Financial Services Consumer Panel (“FSCP”) recently published a number of suggested options for reform of the governance, disclosure and pricing of investment products.  These options were based on the findings of two studies, one by Rajiv Jaitly and the … Continue reading

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