Tag Archives: Investing

People aren’t stupid- our products are!


I’m taking this comment out of comment so I won’t mention it’s source- it appears on a pensions website and is made by a leading actuary. Our challenge is to find a way to redress the balance and help them … Continue reading

Posted in annuity, Financial Education, First Actuarial, pensions | Tagged , , , , , , , , , , , , , , | Leave a comment

“Better workplace pensions – further measures for savers”


Recognise the title? It’s what the DWP chose to call their Command Paper on charges. This paper is not a justification for a charge cap, it’s a new framework for DC pension governance. It’s gone un-noticed but only one chapter … Continue reading

Posted in advice gap, corporate governance, First Actuarial, pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

When AE collaborations are a cop-out.


AE Collaborations such as those advertised in Pensions Extra last week are a “neat fusion” according to Zurich’s Stephen Leffley. Barnett Waddingham’s Damian Stancombe admits their collaboration with Standard Life was driven by providers cherry-picking but stresses “at the very … Continue reading

Posted in auto-enrolment, pension playpen, pensions | Tagged , , , , , , , , , , , , , | Leave a comment

Why clever people don’t do jargon


  I think the best actuaries are hard to spot, you wouldn’t know they were actuaries. The same goes for the best investment managers. Last night I had dinner with Eve Finn and a table full of Legal & General … Continue reading

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

CDC for the people


The debate on Collective Defined Benefit has so far been a matter for politicians , academics and actuaries. Most people haven’t a clue what CDC is or how it might benefit or harm their retirements. I’ve been trying to broaden … Continue reading

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

Let’s fix broken pensions, not start again.


The answer lies in doing things better, not doing things new Continue reading

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

“Innovation – what innovation?” – Pension PlayPen confounded by DC investments


The 50th London Pension PlayPen lunch took place as ever at the Counting House (attendees listed below). At the opening show of hand six of us could see no great innovation happening in UK DC and three saw “potential” or … Continue reading

Posted in investment, leadership, London, pension playpen, pensions | Tagged , , , , , , , , | Leave a comment

Good with food – not so good with money.


The sad events at the Co-operative Bank this year are not the first financial services scandal to hit the Co-operative movements. Less publicised but no less carnal, was the behaviour of the management of Co-operative Insurance Services (CIS) who were … Continue reading

Posted in auto-enrolment, Bankers, Change, club pension | Tagged , , , , , , , | Leave a comment

At last – a gameplan for annuities


  The Financial Services Consumer Panel has published a report into the current state of the UK retail annuity market. It is not a glamorous document, it examines the way the market is working and concludes it it not working very … Continue reading

Posted in advice gap, annuity, auto-enrolment | Tagged , , , , , , , , , , , | 2 Comments

Do employers have a duty of care to their staff when they retire?


If you take the Daily Express, you will have been reading a series of front page headlines about “rip-off pensions”. Here’s this Thursday’s edition http://www.express.co.uk/news/retirement/423869/Millions-hit-by-scandal-of-pensions-rip-off . The argument is based on some recently released figures “A 65-year-old with average pension … Continue reading

Posted in advice gap, annuity, auto-enrolment, brand, club pension, customer service, dc pensions, pensions | Tagged , , , , , , , , , , , , | 4 Comments