Tag Archives: Investment

The FCA gets serious on pension outcomes


The FCA has published its 2015 business plan http://fca.org.uk/static/channel-page/business-plan/business-plan-2015-16.html Part of the plan is to award itself a £35m increase in budget, meaning it expects to spend £482m of our money – making sure our money is well managed. Whether this … Continue reading

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

Don’t underestimate SME’s hunger for investment know-how!


I am  frustrated by the capitulation of many in the pension industry to the challenge faced by inducting 1.2m new employers into our funded pension culture. The Pension Apartheid practiced by the investment elite At a recent event, Joanne Segers, CEO … Continue reading

Posted in Australia, Financial Conduct Authority, Financial Education, First Actuarial, Pension Freedoms, pension playpen, pensions, Pensions Regulator | Tagged , , , , , , , , , , , , | Leave a comment

When will we ever learn?


  There are no short-cuts in pensions, there are no silver bullets, easy answers, no lottery wins, no free alpha. There’s just a lot of hard saving backed up by good governance , cost control and sound investment strategy. Pete Seeger, … Continue reading

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

Good news from the Regulators


          It has been an important week for the regulation of workplace pensions. Not only have the DWP published the rules that govern workplace pensions qualifying to be used for auto-enrolment, but the FCA  published – … Continue reading

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

Can we afford financial services in times of austerity?


  Thomas Philippon , the celebrated economist, gave a lecture on Tuesday Morning as part of London University’s Leading Minds series. The gist of his talk is that the cost of financial services (the collective name for everyone who is an … Continue reading

Posted in FCA, Fiduciary Management, Financial Conduct Authority, Politics | Tagged , , , , , , , , , , , , , , , , , , , , , | 3 Comments

Protecting against losses is not the same as generating a profit – guest blog from Ralph Frank


  The Swiss National Bank’s (“SNB’s”) decision to abandon the currency ceiling of the Franc relative to the Euro has drawn attention to risk management and hedging. The losers from the SNB’s actions, including retail leveraged trading platforms, investment banks … Continue reading

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

When all else fails – keep on working!


Jeroen Wilbronk is a really good bloke, but I always end up disagreeing with him. He’s one of these smart-arse markets people who has an answer for everytyhing! I’ve known him a few years and have always envied his sunny … Continue reading

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

Governance on parade – why we must show leadership.


From this year, insurance companies must create both internal and external controls to ensure they carry out the responsibilities they are taking on when helping us save and spend our pension pots. Yesterday afternoon I spent time with insurers and … Continue reading

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

It’s not pensions that are rubbish- it’s the way we picture them


    I spent some time last week expressing my dis-satisfaction  with the DC Governance and the irrelevance of most DC trustees. It is easy to throw stones…. What is also needed is someone to mend the greenhouse to make … Continue reading

Posted in advice gap, pensions | Tagged , , , , , , , , , , , | 7 Comments

Disclosing costs – we are almost there!


The Financial Services Consumer Panel have issued a damning condemnation on the £5tr British Funds Industry for failing to tell people what they are paying for and how much they are paying when they invest their money in British Funds. … Continue reading

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