Monthly Archives: September 2016
Tax-subsidies on retirement advice; a waste of public funds!
The Government intends to extend tax breaks on pensions to allow those with pension pots to use them to pay for advice. The details are in this consultation document. The fundamental premise is that taking financial advice on retirement matters … Continue reading
Posted in advice gap, consultant, dc pensions, de-risking, defined ambition, pensions
Tagged advice, Advisor charging, de-risking, FAMR, pensions, RDR, Retirement, Tax, tax relief
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How SMEs can manage pension risk
One of the least considered rules of auto-enrolment is that it the employer who must choose the workplace pension for its staff. It is not for the Government to make this decision, while it may be in the … Continue reading
Posted in pensions
Tagged auto-enrolement, DWP, pension playpen, TPR, workplace Pensions
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Remembering the Great Fire of London #greatfire350
350 years ago this September, most of the Square Mile was destroyed from ground up by a conflagration that has ever since been called the Great Fire of London, and is well known on the roll call of major historical … Continue reading
The true cost of investing
Paul Lewis has had a summer holiday sitting in his tent reading spreadsheets. I spent the past 24 hours listening to people within the investment industry, either boasting that they were enabling as much as 3% pa of a client’s … Continue reading
“Strap me in and platform me up”
One of the great financial mysteries of Britain today is the success of fund platforms. Last night, light was shed on their murky secrets by a high priest of their dark arts at a talk I attended in a … Continue reading
We don’t need financial chauffeurs- we need driverless pensions.
Paul Lewis helps you find a good financial adviser In his article “Find a good financial advisor”, Paul Lewis argues that most people do not need a financial advisor at all, and for those who insist on one, there are … Continue reading
Posted in pensions
Tagged CDC, Drawdown, driverless, driverless cars, Paul Lewis, pensions
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