Monthly Archives: August 2018
Lunch at the Counting House today.
I’m excited that the Work and Pensions Select Committee are exploring transparency in pensions. But is anybody else? Paul Lewis could be bothered to tweet his submission – which I thought pretty cool! 1 Eat into clients’ savings 2 … Continue reading
Posted in pensions
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Higher costs – lower pay-outs? Fact or fiction.
This is the first of seven blogs I will write, that will by September 3rd, form my submission to the Work and Pension Select Committee’s inquiry into pension transparency. Today’s exam question is; Do higher-cost providers deliver higher performance, or simply … Continue reading
Posted in advice gap, age wage, pensions, WPC
Tagged Frank Field, pensions, Value for Money, VFM, WPC
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Thinking the unthinkable – Frank’s at it again!
For a third inquiry in a row, Frank Field and the Work and Pensions Committee (WPC) – are asking difficult questions that need proper answers. Firstly they asked if the pension freedoms were working – a question that led to … Continue reading
Investing can now be “free” – here’s how.
I was sitting in a room of a leading asset manager yesterday listening to the yada yada. I’d needlessly put myself under a non-disclosure agreement but it was clear that there was no real news, so I thought I’d mention … Continue reading
Posted in pensions
Tagged FCA, Fidelity, fund management, Investment, pensions, Technology, USA, Value for Money, Work
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NOW!; that’s what I call bruising!
NOW; the muscly mastertrust with over 1.5m members, isn’t taking Pension Bee’s stinging assessment lying down. Rob Booth, has gone to some trouble to put the other side of the story. As a bag-carrying NOW fan – I’m torn – because … Continue reading
Posted in advice gap, auto-enrolment, now, pensions
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#beetroots, #biscuits – how the battle for truth @USS is being won.
I find myself embedded in a bizarre discussion on #transparency between some of the brightest bods on twitter. This ill becomes me, I am out of my depth, a TUC cracker in the posh biscuit barrel. #beetroot #biscuits pic.twitter.com/Hywkpf8U2W — … Continue reading
Posted in pensions, USS
Tagged Beetroot, Biscuits, Blog, Mike Otsuka, pensions, Sam Marsh, USS
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How a policeman may have changed pensions for good!
Mr N has just been awarded reinstatement to the Police Pension Scheme at a cost of £135,000. It’s a done deal, the cost is to the Northumbria Police , to the tax-payer – and may be partially offset by the remainder … Continue reading
Posted in pensions
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Reach out and touch – success is a state of mind!
Yesterday the FT published an article with a headline many predicted we’d never read again. “FTSE 100-backed pension schemes move from shortfall to surplus” About the time the article was published I received a mail from someone who turned … Continue reading
Boomers struck down by Financial Constipation
I have four points to make about the figures published by HMRC on taxable drawdown yesterday The amount being drawn down is a dribble The drawdown is consistent over time – people are drawing down on average £30k pa These … Continue reading
Posted in advice gap, Blogging, Fungible, pensions
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