Tag Archives: Government

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


  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 , , , , , , , , , , , , , , | 1 Comment

“Savers who cash in their pensions face charges of up to 20%”


  I repeat the Daily Mail’s headline which is absolutely accurate. I am glad that they did not use the word “penalties” as this implies a non-contractual lock-in being imposed by insurers. This is not what is happening. Insurers are … Continue reading

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From Conference to Premier – the rise of TPAS.


Visit the rickety offices of the Pension Advisory Service (TPAS) in Victoria and you’re in for a big surprise. Not for TPAS the City style of the Treasury funded Money Advice Service. This is “Macclesfield not Manchester”. While my pre-match Bovril turned out … Continue reading

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

Pension PlayPen respond to FCA on IGCs and DC Governance


This is less of a blog – more of an epic! If you want to have a go yourself, the link is to http://www.fca.org.uk/your-fca/documents/consultation-papers/cp14-16-response-form   The Pension PlayPen’s response was submitted online and this text is what we got back … Continue reading

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Making a buyer’s market for pensions


Organisations such as Which have always charged a subscription for their research. Those prepared to pay a regular monthly amount built libraries of reports which help us purchase everything from groceries to credit cards. Which put its readers in control- … Continue reading

Posted in advice gap, alvin hall, Martin Lewis, pensions | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Auto-enrolment’s tactical- pensions are strategic


  The old questions “are you managing your business or is your business managing you?” and “fail to plan, plan to fail” are annoyingly true- annoying because they are business clichés and doubly annoying as they remind us of the … Continue reading

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Why the IMA are so wrong about fund research.


  There had been signs that the Investment Management Association (IMA) was at last coming to terms with the needs of consumers and those who advise them to reveal the cost of owning their funds. In May , Daniel Godfrey- its … Continue reading

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

Pension PlayPen needs your digits.


  Digital marketing is something we’re having to learn as we go along. We’ve got to find 1,000,000 employers who don’t have a workplace pension and convince them of the importance of paying some attention to what their staff invest … Continue reading

Posted in Facebook, Linkedin, pension playpen, pensions, Personality, twitter | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

These you have loved (the pension brands that fell by the wayside)


Here is a list of the insurers participating in the ABI’s DC legacy review and the brands under which they provide (or originally provided) DC workplace pensions.  Abbey Life  Abbey Life Assurance  Hill Samuel Life Assurance  Target … Continue reading

Posted in investment, pension playpen, pensions | Tagged , , , , , , , , , , , | 3 Comments

Private savings to rescue public finances


I wish Trevor Llanwarne well as he retires as Government Actuary, hoping he’ll take advantage of the 10.3% pa uplift in the BSP if he defers his State Pension till 2106. If he, as many of his civil servant buddies … Continue reading

Posted in pensions | Tagged , , , , , , , , , , | 5 Comments