Category Archives: Financial Education
Who invited banks into schools?
What do the FT, Vivi Friedgut and Martin Lewis have in common? Answer; a common wish to keep banks out of schools! Why have I posted that stupid photo to this blog? Answer; because it demonstrates comparable imbecility of allowing banks … Continue reading
Do investment consultants need qualifications?
failure cannot be attributed to poor investment consultancy, more to an absence of investment consultancy where it matters Continue reading
Posted in actuaries, auto-enrolment, Bankers, corporate governance, dc pensions, de-risking, Financial Education, Liability Driven Investment, mallowstreet, pensions
Tagged CFA, Chartered Financial Analyst, Financial services, IMC, Independent Financial Adviser, Investment, Investment management, Professional certification
2 Comments
Is there a future for defined benefit pensions?
The TUC has published a working paper written by my colleague Hilary Salt entitled “the future of defined benefit pensions provision” which is a very good read. You can reach it here. The wags among you may consider that you could … Continue reading
Posted in dc pensions, de-risking, defined aspiration, Fiduciary Management, Financial Education, First Actuarial, NEST, pensions, Public sector pensions, Retirement, Trades Union Congress
Tagged Bryn Davies, Defined benefit pension plan, Employment, Government, National Health Service, pension, Trades Union Congress, TUC
8 Comments
Club Pension!
Words resonate in strange ways and when they come in pairs new resonances emerge. Last week, Martin Lewis called “pension” a broken brand (worrying to the owner of the Pension Play Pen). The idea behind the word “club” seems to be under … Continue reading
Posted in club pension, Financial Education, happiness, Henry Tapper blog, Martin Lewis, pension playpen, pensions, Retirement
Tagged Actuarial science, Business, Company, Employment, Facebook, Government, Martin Lewis, National Employment Savings Trust, pension, pensions, Politics, Popcorn Pensions, Public Sector Pensions, Retirement, social media, Steve Webb
19 Comments
The public sector needs a low cost pension alternative
This blog is about public sector pensions and the problems that they will face with Auto-Enrolment. It will be of interest to people concerned with pension reform, fairness, inclusivity and with bringing DC up to the standards of DB. The question … Continue reading
Tesco v Morrisons – a pension-enrolment showdown
The Government officials charged with monitoring the success of auto-enrolment will no doubt be watching with interest the reported numbers enrolling into the Morrison’s and Tesco’s pension arrangements. Both organisations have opted to provide their “eligible jobholders” with defined benefit pensions; the … Continue reading
Maybe consumer cynicism about pensions is right..
I want to restore faith in a pensions system we were once proud of. Yesterday I wrote about the Plumbing and Mechanical Services Pension Scheme – which you can read about here. Today I am praising a brilliant pamphlet published by … Continue reading
The New Dawn Fades (for IFAs)
For twenty five years we have been sold the need for independent financial advice. I was an IFA once and never for a moment reckoned I was offering independent advice – one product looked pretty much like another and if product … Continue reading
What’s a social media champion?
The news is that I’m up for an award as a social media champ – or or perhaps “chump”. I’d be beating a food bunch if I won;- the Pensions Monkey Tom Mcphail, Mallowstreet, the dynamic golfing legend Gurjit Dehl and Madamoiselle Bighair – Ros Altmann. All … Continue reading