Monthly Archives: December 2018

Assistance, guidance and equipment for the future – that’s what we all need!


I am off to Westminster this morning to meet the new boss of the Single Finance Guidance Body. We’re not going to be talking dashboards – he’s in dashboard purdah till the consultation’s over. My agenda is AGE – Assist-Guide-Equip. … Continue reading

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The hidden costs of charges are pants!


Yesterday’s Moneybox with Lesley Curwen was a cracker. It brought together the voices of a number of investors together with the views of Michelle Cracknell, Chris Sier and Gina Miller. All were clear and interesting But the best contribution came … Continue reading

Posted in auto-enrolment, corporate governance, pensions, pot | Tagged , , , , , , | 4 Comments

The People of the Abyss


I went to Sherborne yesterday on a steam train.   I decided to spend the long journey home reading the People of the Abyss by Jack London – an account of London’s time with “vagrants” in London at the turn … Continue reading

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Auto-enrolled through L&G/Ease – read this.


This blog is written for employers and advisers who have used or assisted with the ITM eAsE link to L&G’s workplace savings Plan. You are where you are – here is some context and some thoughts on your position] For … Continue reading

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The fight for proper dashboards is just beginning.


  The collective intake of breath that greeted the eventual publication of the Government’s feasibility study and consultation paper was palpable. Now – a week on – perhaps we can stop congratulating each other and get on with delivering a … Continue reading

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

Why do people take pension choices that make them sad?


I’ve been reading a short report by Demos for Legal and General. L&G provide annuities and want to understand  the fall in the numbers of annuities purchased. The retirement riddle is that the choices people are taken since the pension … Continue reading

Posted in advice gap, age wage, pensions | Tagged , , , | 6 Comments

Pension Dashboards – time to respond!


At a recent PPI seminar, Laurie Edmans reminded us that he had been responsible for helping Government nearly deliver combined pension forecasts in 2004 – nearly 15 years ago. I wrote to Laurie thanking him for chairing an excellent event … Continue reading

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Contingent charging – “commission” by another name?


Along with Al Rush, Jo Cumbo , Michelle Cracknell – I was interviewed yesterday by the BBC Moneybox team for a Christmas special on pension transfers. It’s always good doing these things as it forces you to say what you … Continue reading

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Re-deploying our pension winners!


Webb for Regulator? This rumour has sparked a twitter storm among those who think Steve Webb is conflicted in potentially exercising the powers of the Pensions Regulator on policies he initiated as pensions minister. Exclusive: Sir Steve Webb, the former … Continue reading

Posted in Big Government, Blogging, pensions | Tagged , , , , , | 2 Comments

The FCA finally get to the bottom of why transfers have been mis-sold.


I feel like singing hallelujah! The FCA’s findings from their transfer review are brilliantly presented here by NMA’s Talya Mistry.Misiri Here’s how she sums things up The findings highlighted that less than 50% of advice was suitable. It said that … Continue reading

Posted in BSPS, pensions | Tagged , , , | 2 Comments