Category Archives: age wage

The best friend investors have never heard of (Robin Powell)

By ROBIN POWELL @RobinJPowell He’s arguably done more to advance the cause of ordinary investors than anyone except the late Jack Bogle. And the chances are you’ve probably never heard of him. His name is Jerry Schlichter, and he’s the … Continue reading

Posted in age wage | Tagged , , , , | 3 Comments

Why I don’t support LCP and Royal London’s calls to boost DB transfer advice

  LCP and Royal London jointly presented to an audience of 300 industry professionals yesterday on the vexed topic of “helping members get transfer advice”. The webinar can be watched here  and as you’d expect from these organisations, this was … Continue reading

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Philip Bennett’s DB funding code response

Given that the future is unknowable (and particularly over very long time horizons), it is  poor regulation to encourage all DB Schemes to adopt similar investment strategies (herding). Continue reading

Posted in advice gap, age wage, pensions, Pensions Regulator | Tagged , , , , | 4 Comments

Sam Marsh’s response to TPR’s DB Funding Code

Sam Marsh is a lecturer and branch president of the Sheffield UCU. He has responded on his own behalf to TPR’s consultation. Continue reading

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The abuse of “platforms”; the distribution of pension scams abroad

Platforms can also be turned against the consumer, offer advisers huge commissions and legitimize the products of the morally bankrupt who set out to steal people’s money through scams. Continue reading

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Why your pension records – like your medicals – should be yours by right

This blog sets out for the first time a fundamental right of the retirement saver, a right to see their pension record in a digitally readable format. Continue reading

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Changing the way our pensions work

I expect that those few remaining trustees and members of IGCs and GAAs who are in denial of the value of ESG, will – in the face of the forthcoming Act and the detail within the consultation, step down. Continue reading

Posted in age wage, DWP, ESG, pensions | Tagged , , , , , , | 9 Comments

Pension scams reported at just £10m a year?

The truth is that the FCA do not have a number for the amount that leaks out of the system through dodgy advice.  The resources at their disposal to stop scamming are so small that they cannot even report on the proper size of the problem. Continue reading

Posted in advice gap, age wage, Blogging, pensions | Tagged , , , , | 3 Comments

Open and shut conversations on pensions

For pensioners, pensions are very much open. We need to think more about how these DB pensioners are treated and start thinking of their needs for understanding and for financial services. Continue reading

Posted in age wage, BSPS, pensions, Public sector pensions | Tagged , | 2 Comments

Taking someone else’s numbers for it. The shortcomings of AoVs.

  I suffer from pension dreams, these wake me up at odd hours of the morning with questions that I cannot answer. This morning’s question was put to me by someone who bought a pension savings plan from me when … Continue reading

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