Category Archives: FCA

NEST, technology and personalisation

Posted on August 18, 2019 by

I really admire this Rowlands chap. I’ve know him for the best part of 30 years and in all that time he has never been anything but a gent. He’s now a Director at NEST and I urge you to … Continue reading →

Posted in advice gap, age wage, dc pensions, DWP, FCA, Financial Education, NEST, pensions | Tagged , , , , , | Leave a comment

Transfers + workplace pensions;- RU64 2.0

Posted on July 30, 2019 by

Have a look at chapter 4 of CP 19-25   Ongoing conflicts of interest We are proposing strengthening our existing requirements that advisers giving pension transfer advice should consider an available workplace pension as a receiving scheme for a transfer … Continue reading →

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

What does SJP “sacking” Woodford mean?

Posted on June 7, 2019 by

“HL removed Woodford from its Wealth 50 but did not force sell the funds as SJP has.” But this shows a fundamental misunderstanding of how SJP (costly restricted funds) and HL (costly self-select platform) work! https://t.co/6eQoSKNK0T — Alistair Cunningham (@Cunningham_UK) … Continue reading →

Posted in FCA, governance, pensions | Tagged , , , , , , , | 10 Comments

Championing better funds – well done Chris Sier

Posted on May 17, 2019 by

And last but by no means least our 2019 industry champions are … #PIPA2019 @SierChris @margaretsnowdon pic.twitter.com/ImeRIye3Tr — Pensions Expert (@pensions_expert) May 15, 2019 It’s good to see Chris get this award and see him in his kilt Congratulations to … Continue reading →

Posted in advice gap, FCA, pensions | Tagged , , , , , | Leave a comment

Learning to live and love the FCA

Posted on April 18, 2019 by

The pension map has two views of the world, . One view sees pensions as retirement savings and is governed by the FCA, the other sees retirement savings as pensions and is governed by the Pensions Regulator. It’s as binary … Continue reading →

Posted in FCA, pensions | 2 Comments

FCA to tame the drawdown bucking bronco!

Posted on January 29, 2019 by

  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

PensionBee stands up to the bullies at Aegon.

Posted on January 29, 2018 by

Let my people go This story begins with an interview between Adrian Grace, CEO of Aegon and Professional Adviser. Grace tells Laura Miller “The old world doesn’t work anymore. We believe that by agitating the market, there will be more … Continue reading →

Posted in advice gap, FCA, IGC, pensions | Tagged , , , , | Leave a comment

“Probing” IFAs is not enough; we need simpler more transparent transfers.

Posted on January 14, 2018 by

  Allegations of “mis-selling” against IFAs are premature and unsubstantiated. My eye was caught last night by a linked in post by Andrew Warwick-Thompson, formerly of the Pensions Regulator. Here we go again. The personal pensions miss-selling scandal all over … Continue reading →

Posted in Blogging, BSPS, Change, FCA, pensions | Tagged , , , , , , , , , | 3 Comments

It’s not just IFAs that should be livid!

Posted on January 6, 2018 by

Here is the note I wrote when I read New Model Advisers report On why FSCS cannot determine its current levy (uncertainty over Strand Capital) On why FSCS has to unravel its past compensation (uncertainty over Arch Cru) Today (Jan … Continue reading →

Posted in accountants, advice gap, FCA, governance, pensions | Tagged , , , , , , | 1 Comment

Financial Regulators aren’t carved out of stone – they need a merry Christmas too!

Posted on December 10, 2017 by

Financial Regulation seems a brutal business, impersonal and intimidating. Necessarily, a degree of formality is needed in one’s conduct on both sides.  I would not feel comfortable at the FCA’s Christmas party nor they at mine. But that does not … Continue reading →

Posted in advice gap, christmas, FCA, pensions | Tagged , , , | 1 Comment