Here's another way for a pension fund to get in the soup. https://bayourenaissanceman.blogspot.com/2026/09/the-catholic-clergy-sex-abuse-scandal.html
I had earlier today read a medical research article reporting on a Japanese study that found that “supercentenarians” — those…
The simple truth is that the pension system is very good at taking your money, and may or may not…
That is a good point about the ordinary person/voter due to being too poor to get interested in political donations.…
Monthly Archives: August 2019
Doing nothing with our pensions
Also absolutely true… https://t.co/9Nk4RbfUWE — Jennie Kreser (@pensionlawyeruk) July 30, 2019 As Jennie Kreser says, it is undeniably true that the most common way people take money out of their pension pot is by stripping the tax free cash. … Continue reading
Posted in advice gap, age wage, pensions
1 Comment
When advice sits behind a paywall.,,,
One of the many pleasures of it being summer is that I have time to contribute to newspapers. I searched myself on the Times website and found out I’ve been contributing to their articles at a rate of one a … Continue reading
“A local solution – not a pension reform” the new NHS pension consultation.
Consultations on clinicians pensions are queuing up like ambulances outside AE. The last consultation was launched on July 22nd and has barely been read before being superseded by a new one to be launched “over the summer” which will go … Continue reading
Posted in NHS, pensions, Treasury
11 Comments
When SJP got ambushed on the radio
It’s hard not to have felt sorry for Chris Ralfe when he walked into a Louise Cooper ambush on Radio 5 live’s Wake up to Money at 5.30 on a Monday morning. He’d been heralded as providing a view of … Continue reading
Posted in pensions
4 Comments
Mr Field – you want a common measure for value for money? I’ve got one!
In the Work and Pension Select Committee’s report on pension transparency, one demand has caught the imagination of the pension community You can read Kim Kaveh’s excellent article here. Professional Pensions ran the question on its Pension Buzz survey and … Continue reading
Posted in advice gap, pensions
Tagged AgeWage, Frank Field, Money, Transparency, value, Value for Money, VFM, Work and Pensions Select Committee, WPC
9 Comments
What WPS is ACTUALLY saying about pension transparency
The headlines are about “rip-off” pension charges, but the WPS Select Committee’s report is a wide-ranging investigation into the transparency of the pensions industry and not a sensationalist attack on charges. It sets out its stall in the pre-amble. There should … Continue reading
Posted in advice gap, age wage, auto-enrolment, pensions
Tagged auto enrolment, DWP, Frank Field, pensions, W&P Select, Work and Pensions Select Committee, WPS
1 Comment
Auto enrolment isn’t SERPS
The original AE workplace pension Many years ago I was involved with the Kingfisher Retirement Trust, a bare COMP that just about competed with SERPS for value because it offered employees lower national insurance and the semblance of a pension. … Continue reading
Posted in advice gap, age wage, pensions
3 Comments
Without contingent charging – will IFA’s get paid?
I don’t think enough attention is getting paid to credit risk in the debate on contingent charging. Clients of IFAs sign up to Terms of Business that typically offer a means of remuneration for the IFA from the money that … Continue reading
Posted in pensions
3 Comments
Folly in the Pensions Landscape
Every month of every year I get a request from someone for information on the Pensions Landscape in the UK and where people can get reliable stats on where our pension savings go. The answer I give them is to … Continue reading
Posted in advice gap, age wage, pensions
Tagged Folly, pensions, Pensions Landscape, TPR
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How contingent fees underpin SJP’s shareholder value.
The last two days have not been kind to St James Place, on Tuesday it was presented with the FCA’s CP19/25 and PS19/21 and yesterday it had to face the wrath of the market which marked its shares down 5% … Continue reading
This is clearly a serious story about institutional accountability, bankruptcy and the treatment of former employees. But, although the immediate…