Tag Archives: Retirement

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

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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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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

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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Is there a place for digital advice in pensions?


  I spoke yesterday at the Pershing Conference in Westminster. My pal David Calfo who is managing many of the seismic changes at the University Superanuaition Scheme  spoke with me and the session was chaired by Pershing’s Gerard Wellesley. It … Continue reading

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BRITAIN’S BIGGEST TABOOS: 20 MILLION PEOPLE STRESSED ABOUT FINANCES, YET TALKING ABOUT MONEY REMAINS OFF LIMITS


I don’t normally do press releases on here, I will make an exception here. People are embarrassed about money – when it’s their money they are talking about. The taboos about debt, wealth and financial planning are real and we need … 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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53 not out – but the Grim Reaper is bowling first change


When you are young you regard birthdays as a staging post to growing up. When you are over50 they become markers  to the cemetery These cheery thoughts – “intimations on mortality” as Wordsworth described them, are with me as I listen to Leonard … 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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