Category Archives: FCA

The impact of banning contingent charging for pension transfers

Posted on June 6, 2020 by

The end of an era After over three years of mounting pressure, the FCA yesterday announced it would be banning the practice of contingent charging for work on Defined Benefit transfers from October 1st. Although some pipeline cases will conclude … Continue reading →

Posted in advice gap, BSPS, Change, DWP, FCA, pensions | Leave a comment

The end of furlough and what it means for pensions.

Posted on May 7, 2020 by

A question was asked of the DWP on April 24th filed under  “Pensions: Advisory Services”  To ask the Secretary of State for Work and Pensions, what discussions she has had with the Financial Conduct Authority (FCA) on when the FCA … Continue reading →

Posted in advice gap, age wage, Big Government, FCA, pensions | Tagged , , , , , | Leave a comment

By their fruits ye shall know them.

Posted on April 23, 2020 by

    Ye shall know them by their fruits. Do men gather grapes of thorns, or figs of thistles? Even so every good tree bringeth forth good fruit; but a corrupt tree bringeth forth evil fruit.  A good tree cannot … Continue reading →

Posted in advice gap, age wage, ESG, FCA, governance, investment, pensions | Tagged , , , , | Leave a comment

Pension Plowman’s guide to 2020 IGC reports

Posted on April 12, 2020 by

This is a big year for IGCs. It is their fifth birthday, it’s the year when the FCA reviews their effectiveness and it’s the year of the pandemic, where providers and savers will be under maximum strain. Most of the … Continue reading →

Posted in FCA, IGC, pensions | Tagged , , , , , , , , , , , , , , , , , , , | 1 Comment

Shouldn’t pensions “stay at home”?

Posted on March 25, 2020 by

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 →

Posted in advice gap, age wage, FCA, Financial Conduct Authority, pensions, Pensions Regulator | Tagged , , , , , | 2 Comments

“Asleep at the wheel” The Millers catalogue our regulatory woes.

Posted on February 26, 2020 by

Campaigner Gina Miller is asking for an  Independent Review of the Appointment of the Next Governor of the Bank of England and the FCA in the Face of a Catalogue of Regulatory Failures Leading to Catastrophic Consumer Detriment The True … Continue reading →

Posted in FCA, Financial Conduct Authority, pensions | Tagged , , , , , , , | 3 Comments

Are passive managers giving value for our money?

Posted on February 9, 2020 by

In the debate about what we get for the money we pay to fund managers , we tend to think of passive managers, not as managers – but as funds. We can of course get access to indices by buying … Continue reading →

Posted in advice gap, age wage, FCA, pensions | 3 Comments

Regulator fines Regulator

Posted on January 27, 2020 by

Robin Ellison has too refined a mind and too fine a writing style, for his thoughts to be left languishing on Linked in. Not since the days of John Quarrell has there been such a dissenting voice, speaking against  the  … Continue reading →

Posted in age wage, FCA, pensions | Tagged , , , , | 2 Comments

AgeWage responds to FCA’s call for input to it’s Open Finance initiative

Posted on December 21, 2019 by

1.”You have asked what action can we take to help ensure the potential of open banking is maximised”. AgeWage was set up to help people make sense of their retirement saving and to convert “pension pots” into a retirement plan. … Continue reading →

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FCA fears Woodford “contagion”

Posted on December 9, 2019 by

  Then went the devils out of the man, and entered into the swine: and the herd ran violently down a steep place into the lake, and were choked.  Luke 8:33 The City regulator is investigating funds worth more than … Continue reading →

Posted in age wage, FCA, FSA, pensions | Tagged , , , | 2 Comments