Tag Archives: Insurance

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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We need a Bus and a Lamborghini!


My friend Ralph Frank is very good at putting his finger on the problem. If he was a Doctor, I’d trust his diagnosis and I like to think of him with a stethoscope prodding around the body financial – listening … Continue reading

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Labour’s drawdown cap – right idea- wrong execution


Labour is calling for a cap on drawdown charges from April 2015. It is easy to see why. Currently there is a false market for drawdown with many customers paying as much as 4% pa for the management of their … Continue reading

Posted in drawdown, DWP, pensions, Retirement | Tagged , , , , , , , , , , , , , , | 3 Comments

Cass calls on fund managers to be paid on results.


    Dr Nick Motson of Cass Business School has issued another broadside at the funds industry who have been dilatory at best in responding to consumer pressure to better align its fees to the value it brings to consumers. … Continue reading

Posted in accountants, advice gap, David Pitt-Watson, dc pensions, pension playpen, pensions | Tagged , , , , , , , , , , , , , , , , | 1 Comment

Does Generation X really trust the Internet?


  I laugh at my Mum who goes to Shaftesbury library to find out what to do. She’s 84 and you’d have thought she’d have learned how to use an iphone by now. I mean my 17 year old kid … Continue reading

Posted in advice gap, Martin Lewis, pension playpen | Tagged , , , , , , , , , , , , , | 2 Comments

How to pay a consultant.


Why this is on my mind Today I’m speaking at a conference for pension consultants which is supposed to be exploring the opportunities for them and for their clients. Looking at their agenda, there is an obvious issue missing “how … Continue reading

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Tiny steps towards better DC outcomes- #CASummit14


Having spent 36 hours in the company of Life Co “strategists” and their counterparts in the IFA and EBC communities, I can now try and make sense of where “heads are at”. The mood has changed. Two years ago, the … Continue reading

Posted in advice gap, annuity, auto-enrolment, dc pensions, pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , | 1 Comment

“My pension offer” – explaining CDC to a confused public!


John Ralfe has been expressing his frustration that none of the CDC champions have made him a two page offer to tell him what a CDC pension offer might look like. I’ve not done this yet, partly because I’ve been … Continue reading

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Telling it like it is – a Jamaican perspective on annuities


  Following on from a recent article on annuities, I’ve got some interesting feedback, including a remarkable post on the Pension Play Pen linked-In group from Magdalena Cooper de Neuze who is an insurance broker in Jamaica I hope that those who … Continue reading

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“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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