Tag Archives: National Employment Savings Trust

“Investing for the long-term” – guest blog from Ralph Frank


The Financial Services Consumer Panel (“FSCP”) recently published a number of suggested options for reform of the governance, disclosure and pricing of investment products.  These options were based on the findings of two studies, one by Rajiv Jaitly and the … Continue reading

Posted in annuity, dc pensions, de-risking, NEST, Payroll, pensions, Pensions Regulator | Tagged , , , , , , , , , , , , | Leave a comment

People seeking safety at any price?


  I was annoyed to listen to one of the Bank of England’s Chief Economists Andy Haldane tell the BBC’s Robert Peston that people were seeking safety at any price. Passing the buck on to the “cautious consumer” may play … Continue reading

Posted in actuaries, advice gap, Bankers, Mark Carney, pensions, Politics, Retirement, reward | Tagged , , , , , , , , , , , , , , , , | Leave a comment

A miserable device; – guest blog from Ralph Frank


Members who cease paying into defined contribution pension arrangements often pay higher management charges than their colleagues who continue to add to their savings. This two-tier charging approach is euphemistically referred to as the ‘Active Member Discount’ (“AMD”). I guess … Continue reading

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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

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The fine line between “patronising” and “paternal”.


Last week Tom Mcphail (Hargreaves Lansdown) had a go at Teresa Fritz (financial Services Consumer Council and MAS) about the need for advice. You’d expect the two to clash, FSCS and MAS are not much loved by advisers who see it as an incompetent … Continue reading

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“Living longer? -Epic. Needing to pay for it? -Challenging”. Vivi Friedgut on long-term saving.


Have fun when you’re young, enjoy yourself, you only live once and the future will take care of yourself. Ever been given that advice? Nice sound-bites but only really applicable to those fortunate enough to have a large financial safety … Continue reading

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Pensions for start-ups – you having a laugh?


Well “no” actually! This article sets out to explain why even the youngest of companies should be planning for pensions. Pension planning isn’t top of the list for entrepreneurs, most hope their business will become their pension. But there are good … Continue reading

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Pensions are yours to spend – but how do you get to the shops?


Ours to spend! If I were to give you £100,000 and tell you that that was to bide you over to the end of your life you might initially be excited – you might then become apprehensive and you might … Continue reading

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10 reasons why I’m proud to work for @firstactuarial


No wonder we’ve been nominated as Actuarial Employer of the Year. Wouldn’t you rather be working for us? Continue reading

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Steve Webb – a new model politician?


    Let me declare an interest, I am a Liberal, born into a Liberal family in a part of the world where Liberalism is the natural opposition to conservatism. Steve Webb is from that part of the world, his … Continue reading

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