Category Archives: corporate governance

DC Governance turned upside down

Posted on November 4, 2019 by henry tapper

Everyone acknowledges that defined contribution pensions turns the risk register on its head. Instead of sponsors taking the risk of poor performance, poor information and poor governance, these risks are now taken by savers. So why doesn’t scheme governance reflect … Continue reading →

Posted in advice gap, age wage, cardano, corporate governance, dc pensions, FCA, Financial Conduct Authority, pensions | 1 Comment

FCA to tame the drawdown bucking bronco!

Posted on January 29, 2019 by henry tapper

  Yesterday was a good news day for people concerned about retirement income. The FCA made two meaningful statements on what it intends to do to help ordinary people trying to manage their in retirement finances. The first was the … Continue reading →

Posted in advice gap, corporate governance, FCA, pensions | Tagged , , , , , , , , , | 5 Comments

The hidden costs of charges are pants!

Posted on December 13, 2018 by henry tapper

Yesterday’s Moneybox with Lesley Curwen was a cracker. It brought together the voices of a number of investors together with the views of Michelle Cracknell, Chris Sier and Gina Miller. All were clear and interesting But the best contribution came … Continue reading →

Posted in auto-enrolment, corporate governance, pensions, pot | Tagged , , , , , , | 4 Comments

Could a Local Government Pension Scheme go bust? NO

Posted on March 11, 2018 by henry tapper

  Well the answer “no” as has been explained to me by Colin Meech of Unison – who makes the following points; LA’s can not go bust in the way you suggest – they would be taken over by government … Continue reading →

Posted in Big Government, corporate governance, governance, pensions | Tagged , , , , , , , | 2 Comments

For all the noise-news from BSPS is good!

Posted on January 13, 2018 by henry tapper

Yesterday saw a number of documents published and statements made, confirming  findings in Port Talbot but leaving many questions unanswered. But for all the noise, news published at the end of this blog is good- very good – it should make … Continue reading →

Posted in BSPS, corporate governance, dc pensions, pensions | 2 Comments

Bring back Ros! (with a twist)

Posted on January 9, 2018 by henry tapper

Convictions before careers “Social mobility matters to me and our country more than a ministerial career. I’ll continue to work outside of government to do everything I can to create a country for the first time that has equality of … Continue reading →

Posted in corporate governance, DWP, pensions | Tagged , , , , , | 3 Comments

A make or break week for UK investors

Posted on June 26, 2017 by henry tapper

Are fund managers the new bankers? If you’ve read the excellent  (draft) FCA Asset Management Market Study, you’d be forgiven to think they were – (and that investment consultants were their knowing flunkies). The question now is how far the FCA … Continue reading →

Posted in advice gap, consultant, corporate governance, pensions | Tagged , , , , , , , | Leave a comment

Ignore “bad “; let’s big-up good asset management!

Posted on December 5, 2016 by henry tapper

The asset management industry will get nowhere trying to defend bad practices. It should be celebrating its success stories. We have good active managers in this country and we have good passive managers, protecting bad practice among bad asset managers … Continue reading →

Posted in consultant, corporate governance, customer service, pensions | Tagged , , , , , | 3 Comments

Heard of th’internet? Here’s Blockchain!

Posted on August 2, 2016 by henry tapper

  You remember what it was like in the early nineties when we started learning how to use a mouse and send emails? Do you remember searching on Yahoo? Do you remember being told that one day we would buy … Continue reading →

Posted in blockchain, corporate governance, pensions, Ros Altmann, the pitch | 1 Comment

Value for money from investment consultants

Posted on May 4, 2016 by henry tapper

In this article I’m proposing that investment consultants are subject to the same degree of scrutiny as the other service suppliers to trustees. Investment consultants should be subject to a Value for Money assessment). This morning I will be hearing … Continue reading →

Posted in consultant, corporate governance, Fiduciary Management, pensions | Tagged , , , , , , , , , , , , | 4 Comments