Tag Archives: Steve Webb

What payroll can do to keep away the loan sharks.


We all know the sharks that swim in financial waters preying on the weakest and driving them and their families into deeper debt with all the social and health problems that “deep debt” brings. And I’m sure that if it … Continue reading

Posted in Debt, investment, ISA, Management, Martin Lewis, Payroll, pension playpen | Tagged , , , , , , , , , , , , , , , , | Leave a comment

“What we need and what we want” – financial education in schools


  Many congratulations to Tracey Bleakley and all at pfeg for getting personal finance onto the national curriculum from today. Speaking on Wake Up To Money this morning, Tracey was asked what the one piece of financial advice she’d give to those in her … Continue reading

Posted in FCA, Fiduciary Management, Financial Conduct Authority, Financial Education | Tagged , , , , , , , , , , , , , , | 2 Comments

What did you do in the war Daddy?


One of the most successful recruitment campaigns ever- focussed on this simple question. It asked young men to imagine themselves once the fighting stopped having to explain to those in their care the contribution they’d made to the war effort. … Continue reading

Posted in accountants, advice gap, annuity, corporate governance, pensions, Pensions Regulator | Tagged , , , , , , , , , , , , , , | Leave a comment

Pension PlayPen respond to FCA on IGCs and DC Governance


This is less of a blog – more of an epic! If you want to have a go yourself, the link is to http://www.fca.org.uk/your-fca/documents/consultation-papers/cp14-16-response-form   The Pension PlayPen’s response was submitted online and this text is what we got back … Continue reading

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Making a buyer’s market for pensions


Organisations such as Which have always charged a subscription for their research. Those prepared to pay a regular monthly amount built libraries of reports which help us purchase everything from groceries to credit cards. Which put its readers in control- … Continue reading

Posted in advice gap, alvin hall, Martin Lewis, pensions | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Freddy Flumper gets savvy!


  It’s been some days since I’ve reported on the fabulous Freddy Flumper -“fabulous” in the sense that he lives only in the fable on this blog. For anyone who missed the instructive fable of Freddy and Tony Lamborghini , we … Continue reading

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

Please don’t discourage saving (guest blog from Ralph Frank)


  The Department for Work and Pensions (“DWP”) recently released its latest “scenario analysis of future pension incomes” (the “Analysis”). A key finding of the Analysis is that the proportion of people under-saving for retirement increases as income rises. Part … Continue reading

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Why the IMA are so wrong about fund research.


  There had been signs that the Investment Management Association (IMA) was at last coming to terms with the needs of consumers and those who advise them to reveal the cost of owning their funds. In May , Daniel Godfrey- its … Continue reading

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

Good pensions need good bosses!


. My friend Steve Bee has produced a marvellous cartoon this morning. The need to save between 15 and 20% of lifetime earnings hasn’t changed. The numbers being crunched to come up with the 17.5% recommended lifetime contribution rate should … Continue reading

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Will CDC be available to everyone with a DC pot – or just a lucky few?


A snag has emerged in the Drafting of the Pension Schemes Bill (that will introduce Defined Ambition and with it CDC). It’s one of those little things that seems easy to fix but which has potentially huge consequences, a bit like … Continue reading

Posted in advice gap, CDC, DWP, now | Tagged , , , , , , , , , , , , , | 2 Comments