Monthly Archives: October 2023
Trott keeps her powder dry
This may be the last PLSA conference of this parliament. It may be the last conference in which Pension Minister Laura Trott is in that role. Consensus is that in the short time she has held the brief she has … Continue reading
PLSA is back with a bang; annual conference packed and joyful.
A room full of people, an exhibition hall packed with stands and people getting on with meeting up. This is how the NAPF conferences used to be. The feelgood factor is vak at th PLSA Annual Conference 2023 and the … Continue reading
Manchester – a good place for the PLSA think of alternative pensions.
“Salford rules” read Peter Hook’s amplifier on Saturday night. Manchester remains Britain’s alternative cultural capital. It is the home of proper music, football and for the next three days – me. This time last year, I was preparing to speak … Continue reading
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St James’s Place slashes fees
The FT reports this morning that SJP’s fee structure will , as the FT intimated last week, be radically different going forwards. Citywire report the SJP market update in more detail The new structure won’t come into effect … Continue reading
Are investment platforms “seal-clubbing” customers in cash?
The capacity of collectives to bulk individual accounts and get better returns is what drives “economies of scale”. But who benefits from such bulking is a matter for debate. The FCA are reported to be looking again at the testy … Continue reading
How IGCs have performed this year and since 2015
IGCs were set up by life companies offering workplace pensions at the insistence of the FCA. Their principal job is to assess whether the workplace pension(s) they oversee are providing policyholders with value for money. By and large they … Continue reading
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Uncool Britannia – IFM snubs the UK as uninvestable – let’s prove it wrong!
IFM, the organisation that employs Gregg McClymont, Maria Nazarova-Doyle , Phelim Bolger and Amanda Latham – all regulars on this blog – has been speaking with the FT This is not what a Government that has been in power for … Continue reading
Long on governance, weak on innovation; 2022/3 IGC reports.
IGC’s class of 2023 This year that I only gave one red score to an GC report. This is because the IGCs are operating to a proper standard and trying to do its best for their consumers. The red that … Continue reading
Prudential’s IGC report – more intelligent than it cares to admit.
Prudential IGC’s report starts with a typo. I know that headlines can get overlooked by proof readers but this one is a serious embarrassment for the Prudential and their IGC. It does not bode well for what’s to come. The … Continue reading
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Is there a pension Guiidance gap?- find out with Philip Hodges on Tuesday
If you have problems getting on the call – here’s the link.