Monthly Archives: March 2017

Family matters; Rio and bereavement.


  These past few days I have been on holiday with my son and brothers in Central Scotland. It’s been a time to play golf, walk the hills and get together in the evening – as adults. Last night we … Continue reading

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Fancy finance or cheaper houses?


  I recently wrote a blog arguing that we could make more use of the  burgeoning financial education/wellbeing brigade to get youngsters saving for proper housing of their own. My thoughts focussed on finance but of course the Government want … Continue reading

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Helping young staff to a home of their own


There’s increasing help in the workplace for those planning retirement or struggling with debt.  “Financial well-being” is this year’s “financial education” and the healthcare organisations have worked out that a solvent workforce is a workforce less likely to suffer from … Continue reading

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Auto-protection from an autodidact (the joy of Johnson).


One of the joys of Michael Johnson’s 40 or so papers on pensions is that you never know what to expect next. Johnson deliberately sets himself apart from the industry to rail at it. He is at his best when … Continue reading

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Moral hazard – Con Keating


This expression has been widely used in recent pension reports and consultations. It has wide currency in the world of insurance, and academic finance, where it is a term of art. Many of its recent uses are deeply problematic and … Continue reading

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Should we be wary of cheap financial advice?


Robert Reid is a very professional IFA and  someone I like a lot. He represents IFAs and stands up for their interests in Money Marketing. His latest article argues that “cheap advice” especially cheap advice on pension transfers, is wrong. … Continue reading

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Who’s kidding whom – on DC pension governance?


I was “privileged” to spend a whole day with one of the many employer groups we have in Britain.  This meeting brought together Directors (especially FDs and Heads of HR) of  Research and Technology organisations. This was a paternalistic group … Continue reading

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Get a grip and a sense of humour


The sky is full of helicopters and the streets wail with sirens. It is 9 am on the morning after the latest “terrorist” attack and Westminster and the City are on red alert. One nutter decided to go on the … Continue reading

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Cridland and the price of state dependency


  John Cridland’s consultation report into the state pension age, commissioned by Ros Altmann and delivered today, does not say quite what the modernisers wanted it to. Accelerated pension ages and the scrapping of the triple lock deliver a double … Continue reading

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Standard Life’s IGC Statement – two greens and a red!


The Standard Life IGC’s chair report was published on Friday. You can find it here https://www.standardlife.co.uk/c1/independent-governance-committee.page. As a note to Standard Life, it would be good if this report could be given more prominence on your home page, you can … Continue reading

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