Author Archives: henry tapper

About henry tapper

Founder of the Pension PlayPen,, partner of Stella, father of Olly . I am the Pension Plowman

Want to know more about pension scheme consolidation?

If you are interested in the dynamics of the retirement savings market , you may want to spend some or all of next  Thursday  afternoon (17th June) at a pension master class I am helping to organise. For those who … Continue reading

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What if your pension is being consolidated?

Over the past five years, millions of people have found their money , locked into company pension schemes , under new management. The trend for company pension schemes to close and transfer people’s savings into multi-employer schemes (known as master … Continue reading

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Voices echo “this is what – salvation must be like after a while”. #EngvNZ

For the first time on home soil in 634 days, here is Jerusalem 🏴󠁧󠁢󠁥󠁮󠁧󠁿 GOOSEBUMPS.#ENGvNZ pic.twitter.com/9lwHkvYnSe — England’s Barmy Army (@TheBarmyArmy) June 10, 2021 Just before 11am yesterday, my son and I sang Jerusalem with around 5,000 over souls in … Continue reading

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Are IGCs a means to reduce costs or add value?

I have spoken to some frustrated IGC chairs this week who consider they are being used for a purpose they never signed up to – principally to drive down the cost of saving into workplace pensions. This puts them in … Continue reading

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Can we get the IGCs and FCA back on the same track?

  The FCA’s relationship with workplace pension providers for whom they have oversight (e.g. the providers of group personal pensions and group SIPPs) has clearly deteriorated over the past 15 months, as has its relationship with their Independent Governance Committees … Continue reading

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Keep finance “open” – an open letter to the CMA.

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FCA delivers tardy providers and their IGCs a sucker punch

In a surprise statement, the FCA has accepted it my not given providers of workplace Group Personal Pensions (GPPs), sufficient clarity on what the FCA is looking for them to disclose. Some stakeholders think that costs and charges data should … Continue reading

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Does the FCA’s consumer duty help or hinder the pensioner?

  How Jane can give £10,000 to an insurer for an annuity and not benefit a penny Gareth, “the Ferret” Morgan is a fintech consumerist who stands up for those who are excluded from mainstream financial advice (and mainstream regulation).  … Continue reading

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Can you make an informed choice on how to draw your pension?

I’m returning to the questions put to us by the Work and Pensions Select Committee. The call for evidence has closed but the questions remain just as relevant. One question , chair Stephen Timms is putting to us is Including … Continue reading

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Why I’m unimpressed by the FCA’s new consumer principle

  The FCA launched an update to its over-riding principle “treating the customer fairly” on May 14th. I am underwhelmed and have struggled to find anything to say about the initiative which is positive. There is nothing wrong in the … Continue reading

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