Monthly Archives: December 2019
Why can’t we put these LCF men out of harm’s way?
It seems that Smith and Williamson have traced some £20m of LCF bond-holder’s money to four individuals who have benefited from what the FT calls “a number of highly suspicious transactions” (free link). All four men have linked in … Continue reading
Posted in pensions
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Elections destroy trust and time
By this time tomorrow, I will have cast my vote in what is being called the most important election in a generation. Of course it isn’t any such thing, it is just an adjustment to the dial if power. At … Continue reading
Posted in advice gap, age wage, pensions
Tagged Boris Johnson, General Election 2019, Jeremy Corbyn, pensions, Politics
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In defence of professional indemnity insurance
Insurance markets do not lie, they reflect perceived risk. The cost of professional indemnity insurance for IFAs is rocketing (I know – I’ve been quoted). This is as a result of increased perceived risk of claims against insurance from … Continue reading
Posted in advice gap, age wage, pensions
Tagged IFA, Keith Richards, PFS, PI, professional indemnity insurance
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Compassion comes hard
Tried to show @BorisJohnson the picture of Jack Williment-Barr. The 4-year-old with suspected pneumonia forced to lie on a pile of coats on the floor of a Leeds hospital. The PM grabbed my phone and put it in his pocket: … Continue reading
What the polls are saying – Survation.
I will be interested this week to see how different the results of the general election are from a general selection of polls. There are several poll of polls services for me to refer to . The BBC’s is probably … Continue reading
Posted in pensions
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FCA fears Woodford “contagion”
Then went the devils out of the man, and entered into the swine: and the herd ran violently down a steep place into the lake, and were choked. Luke 8:33 The City regulator is investigating funds worth more than … Continue reading
The nations wealth is in pensions but not in DC pots
Private pension wealth is the largest component of household wealth, marginally bigger than total property wealth, and its value has increased by more than that of property wealth too. This reflects a slight cooling in the housing market, while the … Continue reading
Posted in advice gap, age wage, pensions
Tagged assets, DB pensions, ONS, pensions, Resolution foundation, state pension, Wealth
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Tory pension bung for Clinicians
Here is the statement from the Secretary of State for Health and Social Care – Matt Hancock. I have agreed to support this proposal from NHS England and NHS Improvement for reasons of urgent operational necessity. The scheme involves employers … Continue reading
Posted in pensions
Tagged Clinicians, Conservative, GPS, Matt Hancock, NHS, pensions, Taper
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We can aspire to better
Exclusive: Nearly 90% of the Conservatives’ recent Facebook ads promote claims labelled as misleading by Full Fact, one of the platform’s own third-party fact-checking partners in the UK. Via @ajreid @CarlottaDotto https://t.co/nZnUOL3Bd7 — John Crowley (@mrjohncrowley) December 6, 2019 Jo … Continue reading
“There is no justice in Guernsey, but men protecting secrets”.
Email from Niall Coburn to Guernsey Bailiff, in response to the Manita Khuller judgment: Dear Bailiff Collas, I write to you as former Head of Enforcement and regulator and lawyer who has worked internationally and attended the Trial of Manita … Continue reading
Posted in advice gap, age wage, pensions
Tagged Guernsey, Manita Khuller, Pensions, Royal Court of Guernsey, scams
6 Comments