Category Archives: Management

You want a workplace pension for your staff? – delighted to help!

Mrs HR Dee Smallco Ltd. Sunny Uplands GB Dear Mrs Dee, Thanks for your enquiry. I can see you are sold on the idea of offering a workplace pension for your staff. You know you have to anyway, but I … Continue reading

Posted in advice gap, auto-enrolment, Liability Driven Investment, mallowstreet, Management, NEST, pension playpen, pensions, workplace pensions | Tagged , , , , , , , , , , , , , , | 1 Comment

Why bother to save? – Invest instead!

What this policy is about is getting people to invest in real assets for the best interests in society Continue reading

Posted in annuity, auto-enrolment, Bankers, Change, club pension, Management, Mark Carney, pensions, social media, workplace pensions | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Collective pensions – what the industry thinks

Many thanks to the wondrous J Cumbo, the FT, mallowstreet (and uncle Tom Cobley) Continue reading

Posted in actuaries, mallowstreet, Management, pensions | Tagged , , , , , , , , , , , , | 4 Comments

Club Quango at #WPL13

Government needs quangos, the Civil Service most of all. But in a strange way, I am comforted by the various Pension Institutions that are Chaired by the ageing lotharios who I collectively name “Club Quango”. At Workplace Pensions Live yesterday we were treated to a … Continue reading

Posted in advice gap, Management, pensions, social media, steve webb | Tagged , , , , , , , | 4 Comments

What award ceremonies are all about

The vast majority of the people who turn up for these events, do so because they’re frightened not to Continue reading

Posted in life insurance, Management, Music | Tagged , , , , , , , | 3 Comments

No win no fee – one way to clean up asset management

I met yesterday with a Swiss firm whose business is to reduce the investment costs for large investors (typically with €500m +). The model is simple, no retainer – they receive 50% of the savings from their work. They are a … Continue reading

Posted in Bankers, Change, corporate governance, David Pitt-Watson, dc pensions, de-risking, Fred Goodwin, FSA, Management, napf, pension playpen, pensions, RBS, redington, Retirement, twitter | Tagged , , , , , , , | 1 Comment

When pensions de-mutualise

When you take the mutuality out of pensions , you take good pensions out of mutuals. Continue reading

Posted in actuaries, auto-enrolment, de-risking, defined aspiration, Financial Education, First Actuarial, John lewis, Liability Driven Investment, Management, pensions | Tagged , , , , , , , | 6 Comments

Reading through the palm of my hand

To suppose that we will be purchasing financial services  in 2014 as we did five years ago or even today could be a mistake. Walk down your high street and the only discretionary businesses are social clubs (coffes shops hairdressers and nail bars) – oh … Continue reading

Posted in brand, customer service, dc pensions, Management, pensions, Retirement | Tagged , , , , , , , | Leave a comment

DC Trustees – asleep at the wheel?

I was spending insomniac hours reading posts about savings on http://www.moneysavingexpert.com when I came upon a thread about the ABI 14 agreeing to disclose transactional costs from next summer. There wasn’t much on the comments board – one post stood out. … Continue reading

Posted in actuaries, corporate governance, David Pitt-Watson, dc pensions, First Actuarial, Management, NEST, pension playpen, pensions, Personal Accounts | Tagged , , , , , , , | 4 Comments

“Purity” in passive investment management

Investing is hard. There are no shortcuts. Markets are generally efficient and when they aren’t there are plenty of people digging up the value ahead of you. My  anti – view is that “winning” investment strategies have negative capability. Negative capability is … Continue reading

Posted in actuaries, auto-enrolment, dc pensions, Management, pensions | Tagged , , , , , , , , | 4 Comments