Category Archives: dc pensions

HMRC and FCA complicit in the democratisation of villainy.


If the FCA want to get to grips with the problem of contingent (conditional) charging, they had better have a look at the taxation of advice and make changes in the Finance Act 2018 to the way we tax advice. First … Continue reading

Posted in accountants, advice gap, dc pensions, pensions | Tagged , , , , , , , , | 1 Comment

“Savers to be discouraged from raiding pensions” – NS Sherlock


Apparantly DC pension providers are considering giving pension savers guidelines as they start drawing down money so they don’t run out of money. (Daily Telegraph- savers to be discouraged from raiding pensions). Presumably a responsible pension provider would also encourage … Continue reading

Posted in CDC, dc pensions, pensions | Tagged , , , | 6 Comments

The FCA can excel; the “non-workplace pension” paper’s a model of its kind


Henry Tapper and Pension PlayPen response to FCA’s paper DP18/1 Effective competition in non-workplace pensions This is the response of Henry Tapper and the Pension PlayPen. It is not a response on behalf of any other organisation that Henry Tapper … Continue reading

Posted in advice gap, BSPS, dc pensions, drawdown, Henry Tapper blog, pensions, PLSA, Retail Distribution Review, Retirement | Tagged , , , , , , , | 1 Comment

For all the noise-news from BSPS is good!


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

Aussie’s are “Super Pension Savvy” – why aren’t we?


As most people (in pensions) know, Australia has a thriving retirement savings industry that works because there is a social contract between Government, Unions and Employers to fund workers pensions at ever-increasing amounts. I don’t want to do a teach in – … Continue reading

Posted in advice gap, Australia, auto-enrolment, cricket, dc pensions, pensions | Tagged , , , , , , | 2 Comments

What is CDC and does it matter?


Collective Defined Contribution Schemes (CDC) are back in the news. There are two reasons for this The Workplace and Pensions Committee have set up an enquiry into CDC Royal Mail and the CWU intend to move to a CDC basis … Continue reading

Posted in CDC, dc pensions, de-risking, defined ambition, pensions | Tagged , , , , | Leave a comment

Commission – the charge that dare not speak its name.


I feel like someone walking to a destination with a blindfold on, I am getting information from my phone but it is intermittent and there are many obstacles that I stumble over as I walk along. Thankfully, there are people … Continue reading

Posted in BSPS, dc pensions, Financial Conduct Authority, pensions | Tagged , , , , , | 10 Comments

Question Time – The Growing Pains of DC Pensions


This is a plug for an event I’m helping to moderate. I don’t normally plug events but I’m making an exception for this one. Stephen Glover, who is behind this has donated £1,500 to a charity I chose and that … Continue reading

Posted in dc pensions, pensions | Tagged , , , | Leave a comment

Pension Advice; it’s all about getting paid.


I have read and listened to a lot about professional integrity.  Having been an IFA and being now a fee-based consultant, I know that the first thought you go to bed with (and wake up with) is “how am I going to get … Continue reading

Posted in BSPS, dc pensions, de-risking, pensions | 4 Comments

Finger in the dyke stuff! DC pricing is just too leaky Jon!


Jonathan Stapleton has written a deliberatively provocative piece in Professional Pensions which will be applauded by the operators of workplace pensions but is going to get short shrift from me.   You can read  Jonathan’s opinions here. The gist of Jonathan’s … Continue reading

Posted in auto-enrolment, dc pensions, de-risking, Debt, NEST, now, pensions | Tagged , , , , , | 2 Comments