here’s what you’ve been saying
DR Robin Rowles on Five ways the change from RPI… Chris Giles on Five ways the change from RPI… henry tapper on TISA’s plans for low pai… ConKeating on Five ways the change from RPI… derekscott1953 on TISA’s plans for low pai… henry tapper on Five ways the change from RPI… Mark Andrew Meldon on Five ways the change from RPI… Mike Post on Five ways the change from RPI… Martin T on “Sooner being better tha… DCIF; we won’t… on Tomorrow is a day of reckoning… Joy Division 24 - Jo… on 24 hours – the greatest… henry tapper on CPI, RPI and CPIH – get… ConKeating on Tomorrow is a day of reckoning… Dennis Leech on CPI, RPI and CPIH – get… Chris Giles on The Regulator’s not for…
Monthly Archives: July 2019
Bosses + trustees talk “pension choices” too!
This blog looks at what the FCA is planning to do to regulate the way unadvised drawdown plans are presented to customers. This follows the publication on a further policy paper from the FCA – CP 19/21 The point of … Continue reading
Posted in advice gap, age wage, pensions
Tagged annuity, CDC, choice architecture, Drawdown, pensions
3 Comments
Do we have to wait for the car crash, before we mend the road? CP19/25
Around £12bn worth of DB pension pots could have been subjected to poor transfer advice, based on these FCA figures. This is over one year alone. pic.twitter.com/eUPWu8UoL0 — Josephine Cumbo (@JosephineCumbo) July 30, 2019 It is now too late to … Continue reading
Posted in advice gap, age wage, BSPS, dc pensions, de-risking, pensions
Tagged de-risking, workplace Pensions, WPS
4 Comments
Transfers + workplace pensions;- RU64 2.0
Have a look at chapter 4 of CP 19-25 Ongoing conflicts of interest We are proposing strengthening our existing requirements that advisers giving pension transfer advice should consider an available workplace pension as a receiving scheme for a transfer … Continue reading
Contingent charging; remember Active Wealth?
This is where contingent charging takes you; another blog that has been supressed for a couple of years – I seem to remember some heavy handed solicitor’s letter from one of the parties listed below required me take it down. … Continue reading
FCA set to ban contingent charging
BREAKING: FCA to ban contingent charging — Maria Espadinha (@Maria_Espadinha) July 30, 2019 The Financial conduct Authority (FCA) is consulting on a ban on contingent charging on defined benefit (DB) transfer advice. In a paper published this morning the FCA … Continue reading
Posted in pensions
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Get rich slow – especially if you’re Greg and Amber
Congratulations Amber, Greg (and Jayden) In a shameless attempt to attract younger readers to this boring blog, I publish this picture of 16-34s favourite, Greg and Amber. Love Island winners, they’ve dominated the twittersphere for 8 weeks with 4.3m viewers … Continue reading
Why it’s good Rudd/Opperman stayed put.
Contrary to all the rumours – Guy Opperman and Amber Rudd are still in position and Britain has some unexpected continuity in its pension policy making. I was asked last week to comment to a group of civil servants … Continue reading
The choices Hobson gives us at retirement
I’ve been thinking about my options with my DC pension pot. Do I continue to want my money exposed to market risk , do I take an annuity rate depressed by quantitative easing or do I sit on a … Continue reading
The tawdry state of DC cost disclosure
NOW pensions, perhaps tired of being labelled the pariah of master trusts has come out fighting with the following table which shows in certain circumstances, their charging structure provides good outcomes, investment returns being even. Because of the peculiar … Continue reading
Posted in advice gap, age wage, auto-enrolment, pensions
3 Comments
Happy being part of the crowd!
Robin Powell – the evidence based investor – has produced a very simple explanation of why the valuations of stocks are 90% right. You can read it here. It’s based on the ask the audience responses to who want to … Continue reading
