Monthly Archives: April 2023

How do we value “advice”

Posted on April 30, 2023 by henry tapper

Value for money is at the heart of the FCA’s thinking on the Consumer Duty and the FCA wants advisers to show that the advice they charge clients delivers value for the money paid. But measuring value is a lot … Continue reading →

Posted in pensions | Leave a comment

Adrian Boulding and the RSA, normalizing CDC.

Posted on April 30, 2023 by henry tapper

The Royal Society of Arts hosted an online session last week on “decumulation only” CDC . It was an opportunity for Adrian Boulding to speak with an audience of master trusts, insurers and asset managers who might provide services to … Continue reading →

Posted in pensions | Tagged , , , | 2 Comments

What Trustees should understand about solvency.

Posted on April 30, 2023 by henry tapper

This blog contains a technical examination of the risks trustees take when transferring assets and liabilities to an insurance company. It has two sections, a response from Keating and Clacher to the question and a presentation given by Paul Brine … Continue reading →

Posted in pensions | 2 Comments

Give me freedom from this pension freedom!

Posted on April 29, 2023 by henry tapper

Here is a snip of information that has shocked and outraged many pension commentators. I will start with some simple advice from the Low Income Tax reform Group (LITR) You may be able to draw money out of your money … Continue reading →

Posted in pensions | Tagged , , , , , , | Leave a comment

Jo Cumbo gets real on “real assets” – VFM from the saver’s POV.

Posted on April 29, 2023 by henry tapper

Jo Cumbo talks with Darren and Nico on this week’s VFM podcast Jo is a “once in a generation” pension journalist, we are lucky to have her reporting in this country, I’m lucky to live round the corner from her … Continue reading →

Posted in pensions | Leave a comment

Jo Cumbo remembers Port Talbot

Posted on April 29, 2023 by henry tapper

If you could go to one of the two Facebook support groups for mis-sold BSPS pension Scheme this bank holiday weekend, you’d find this post Al Rush has put the last four minutes of this week’s VFM podcast, the minutes … Continue reading →

Posted in age wage, BSPS | Tagged , , | Leave a comment

Victory for Mum’s a feather in Laura Trott’s cap. Hats off to Steve Webb

Posted on April 28, 2023 by henry tapper

The Government appears to have listened to Steve Webb who has been fighting a one man campaign on behalf of mothers who – due to the complexity of child benefit rules, were in danger of losing credits for state pensions … Continue reading →

Posted in pensions | Tagged , , , | 2 Comments

Steve Hodder and the £1.5trillion question – what to do with DB?

Posted on April 28, 2023 by henry tapper

It’s the hottest question in pensions, one that’s exercising the Bank of England , the PRA , TPR and should be exercising you next Tuesday I’ll be putting the tough questions to LCP’s Steve Hodder, the man who spoke  for … Continue reading →

Posted in pensions | Tagged , , | Leave a comment

“Not so fast” – BOE tells insurers “moderation in all things”

Posted on April 28, 2023 by henry tapper

I got to yesterday’s Pension Age conference just as LCP’s Ken Hardman was explaining how capacity for bulk buy-out was expanded by a healthy reinsurance market. When I got home late that evening I found myself reading a speech by … Continue reading →

Posted in pensions | Tagged , , , , | 3 Comments

Reinventing pensions – What (TF) does that mean? Find out this pm

Posted on April 27, 2023 by henry tapper

I’m participating in an event this afternoon called “reinventing pensions”. All the details are on here Oli Payne – who is organizing things knows a little about “reinvention”- he works for Ford who are having to reinvent their business model … Continue reading →

Posted in pensions | Tagged , , , | Leave a comment