Category Archives: FSA
FCA fears Woodford “contagion”
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
A time of trust – not guarantees.
About the time that I was ranting to TISA about the complacency with which we are dismantling the retirement promises made to those who were promised a DB pension based on the years they worked with the company;- this happened! … Continue reading
Posted in CDC, DWP, FSA, Music, pensions
Tagged alex Cunningham, annuity, BHS, BSPS, DWP, FCA, Frank Field, Labour, pensions, Royal Mail, TPR, USS
3 Comments
Beware the Channel Isles my son.
In the UK we fight financial fraud through the FCA,tPR and a variety of enforcement agencies which together are “action fraud”. Our Regulators are accountable for ensuring that organisations that they regulate behave properly and that investments that they offer … Continue reading
Posted in FSA, pensions
Tagged Funds, GFSC, Guernsey, Jersey, JFSC, Lumiere, Lumiere Fund Services, Providence Financial
23 Comments
The Pensions Regulator gives IGCs a new row of teeth.
It’s not enough- not nearly enough – but at last the Pensions Regulator’s beginning to take workplace pensions seriously enough to offer something close to a decent choice for employers staging auto-enrolment. Yesterday , Andrew Warwick-Thompson, head of policy … Continue reading
Why can’t we know what we pay for “fund management”?
We have the right to know what we are paying for funds. The cost of a fund can best be defined as the difference between what you would have received from a theoretical return on the assets in the fund … Continue reading
Posted in FSA, governance, life insurance, pension playpen, pensions, Retirement, steve webb
Tagged Business, charges, costs, dc pensions, Defined benefit pension plan, DWP, FCA, Fund, Funds, IMA, Management, manager, pension playpen, pensions, portfolio, Retirement
4 Comments
The great pensions rotation
“Everything dies honey that’s a fact, and everything that dies some day comes back” – Bruce Springsteen DB died the day they guaranteed indexation. DA will be born the day they take that guarantee away. Ring out the old, ring … Continue reading
Posted in dc pensions, de-risking, defined ambition, defined aspiration, FSA, pension playpen, pensions, Pensions Regulator
Tagged Business, DA, DB pensions, dc, Defined Ambition, Employment, Financial services, National Employment Savings Trust, pension, Pension new, pension playpen, pensions, Retirement
Leave a comment
Business relies on transparency – it’s time platform managers come clean
General principles Buying low and selling higher is the basis of all commerce. Intelligent purchasers seek to cut out intermediaries to buy direct. Smart intermediaries use their financial muscle to bulk-purchase, getting a better price than a single purchaser can … Continue reading
Posted in Change, FSA, pensions, smelly
Tagged charge, DWP, fee, fund charges, Fund platforms, Funds, Government, pension, Pension new, pensions, Retirement
Leave a comment
“The predictable alternative to drawdown”
“Drawdown scares me”. It scares me because I am on my own, it scares me because I get a bumpy ride and most of all it scares me because I know that if I drawdown at a minute of … Continue reading
Posted in advice gap, CDC, FCA, Financial Conduct Authority, FSA, pensions
Tagged Business, CDC, Defined benefit pension plan, Drawdown, DWP, Employment, FCA, Financial services, flexible drawdown, FSCS, Government, Insurance, long term care, MAS, National Employment Savings Trust, pension, Retirement, Steve Webb, TPAS
3 Comments
Fund management’s like a car-boot, you’ve got to know what you’re paying (and what you’re buying).
Fund management’s like a car-boot, you’ve got to know what you’re paying (and what you’re buying). Continue reading
Posted in auto-enrolment, Bankers, brand, Farefail, Financial Education, First Actuarial, FSA, hedge funds, infrastucture, investment, London, Management, middleware, NEST
Tagged AMC, Business, Business and Economy, charges, costs, dc pensions, Defined benefit pension plan, DWP, Employment, Financial services, Government, National Employment Savings Trust, NEST, pension, Pension Regulator, pensions, Retirement, Steve Webb, TER, Total Charge
1 Comment
King Canute got governance about right!
If we are to become as effective in the management of our pension funds as our German and Dutch cousins, we are going to have learn the lessons of Canute and concentrate our governance though centralised channels focussing on things we can do something about. Continue reading
Posted in advice gap, annuity, auto-enrolment, David Pitt-Watson, dc pensions, defined aspiration, FSA
Tagged canute, corporate governance, corporate risk, dc pensions, de-risking, Defined benefit pension plan, DWP, Employment, Financial services, Financial Services Authority, Government, Human Resources, Pension new
Leave a comment