Tag Archives: Investment

Providers cherry picking pension customers? Whatever next!


Money Marketing is reporting that insurers are cherry picking the workplace pensions they take on . That this is news says a lot for the appalling lack of underwriting applied by insurers to the pricing of new business in this market over … Continue reading

Posted in brand, Payroll, pensions, Pensions Regulator | Tagged , , , , , , , , , , , , , | Leave a comment

“Ring out the old – ring in the new”- who will be our investment fiduciaries in retirement?


Yesterday I went to the Schroders DC Challenge conference which was all about “delivering value and certainty” to retirement savers. I left enlightened by some interesting debates and one or two talks. I’ll share with you three observations that I … Continue reading

Posted in advice gap, Change, Financial Education, Henry Tapper blog, pensions | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Is the game up for active fund management?


The Department for Communities and Local Government announced yesterday that £85bn of actively managed assets could be transferred to passive management and that the fund of fund structures could be collapsed into a collective investment vehicles. This is very significant … Continue reading

Posted in advice gap, Liability Driven Investment, pension playpen, pensions, Personal Accounts | Tagged , , , , , , , , , , , , | 3 Comments

Fundless fund platforms?


Over the past fifteen years, new technology has brought us the fund platform, open architecture and unlimited choice. It has not brought us good fund governance and that’s what’s round the corner. But we are about to find that the … Continue reading

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Time for an upgrade?


The fireworks came from the Treasury but amidst the noise and smoke, the DWP’s Command Paper, poses some challenges for many of the 10,000 employers who’ve staged auto-enrolment. By April 2015, we can expect workplace pensions qualifying to be used … Continue reading

Posted in advice gap, auto-enrolment, customer service, dc pensions, pension playpen | Tagged , , , , , , , , , , , | Leave a comment

PQM – under new management, deserves a second chance


  News that Adrian Boulding has taken the chair at the Pension Quality Mark and that its new MD is crack Kiwi-saver Justine Tate, roused me to re-engage with a venture I had thought as much use as a chocolate … Continue reading

Posted in advice gap, auto-enrolment, dc pensions, pension playpen, pensions, Retirement | Tagged , , , , , , , , , , , , , , | Leave a comment

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

“What’s it like to be retired?”


It could be the trending chant at any event that Alex Ferguson turns up to – a taunt to a man who having lost control has seen slump into mundanity in a few short months. Financial wellbeing in later life … Continue reading

Posted in annuity, auto-enrolment, Bankers, Facebook, Financial Education, First Actuarial, pension playpen, pensions, Popcorn Pensions, Public sector pensions, steve webb | 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