Category Archives: advice gap

“Advice for Middle Britain” – keeping the cost down.

I’ve recently published a blog called “Advice for Middle Britain” which argues for a more honest approach to the promotion of dependent advice. It sets out a trade-off between the purity of fee-based advice and what people can afford. Most … Continue reading

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Get off of McCloud

John Glen of the Treasury delivered this written statement to parliament yesterday. The government is developing proposals to address the unlawful age discrimination identified by the Court of Appeal in the 2015 reforms to the Judicial and Firefighters’ pension schemes. … Continue reading

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Shouldn’t pensions “stay at home”?

Should we stop transfers for the next 6 months?   Yields are down, markets are down, has there ever been such a time to transfer your pension rights? That’s what many people may be thinking and if you were a … Continue reading

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Strong Government and self-regulation

Yesterday saw the Government finally put its foot down and demand we comply with its request to stay at home. Short of putting troops on the street there is not much more that it can do- now it is over … Continue reading

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Can MaPS be our national wealth service?

There were two very good comments on my blog on MAPS’ recent webinar. My thrust was that MAPS is not behaving as it should and that it should be acting as the financial arm of our NHS – with acute … Continue reading

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The state of USS is the state of us.

In normal times, USS reporting itself to the Pensions Regulator for being under-funded would be considered a major news story. But what Jo Cumbo reported as happening  yesterday is not headline news, it is a sideshow to what is being … Continue reading

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COVID-19 – an actuary’s view

This blog displays part of an article by Matthew Edwards of Willis Towers Watson. You can read the full original through the link in the tweet below. Thanks To Matthew and WTW “In an ideal world, actuaries would wait for … Continue reading

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Is Opperman getting it done? #PLSAinvest20

  Three months is a long time in politics. At the beginning of December Guy Opperman was part of a minority Government seemingly on the ropes. Three months  later, he is part of a Government with a majority of 80 … Continue reading

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Client onboarding & the cost of advice

Heather Hopkins explains why we need open finance. A debate erupted between Henry Tapper and Rob Reid recently on Twitter, which came down to a stat published by NextWealth: it costs £1,500 to onboard a client. Henry asked “are advisers who charge less … Continue reading

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Resilience.

A different perspective? The FTSE is on sale…… pic.twitter.com/KcdNv0vTG4 — Holly Mackay (@HollyAMackay) March 9, 2020 I am sure Holly’s graphic shouldn’t be taken as financial advice , though some will try to catch a falling knife. We have no … Continue reading

Posted in advice gap, age wage, Blogging, BSPS, Consolation, defined ambition, pensions | Tagged , , , | 3 Comments