Tag Archives: ABI

The ABI goes FABI on claims!


    Readers of this blog listening to the ABI’s Huw Evans on Wake up to Money, may have been spluttering into their tea and biscuits! The ABI are faced with a cut in the discount rate used to calculate compensation … Continue reading

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Is there any “challenge” to this Pension Dashboard?


I was invited yesterday to the Treasury’s “Challenge Panel” , held to discuss the proposals for the pensions dashboard, a prototype of which will emerge next month. Actually, I wasn’t invited – I went in someone else’s place. I went … Continue reading

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Insurers – VFM and the Competition Commission.


  The FT Adviser magazine has published a short piece leaking a story that has been doing the rounds for a few weeks. It would appear that the insurers who have been subject to the scrutiny of an independent governance … Continue reading

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How can IGCs engage people with their pensions?


There are three measures by which I am judging the IGC Chair reports Do they speak with a proper tone of voice Do they show themselves effective in dealing with the provider they are governing Have they properly addressed whether … Continue reading

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The BBC-all at sea-on workplace pensions


As you must be interested in pensions, it’s worth taking a couple of minutes this morning to listen to minutes 8-15 of Radio 4’s World tonight (downloadable as a podcast). It’s a well researched and well produced article with a … Continue reading

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So what would a pension exit charge cap look like?


Yesterday I spoke on Money Box in support of a cap on exit fee penalties from legacy personal pensions. Claire Trott spoke well in opposition and I’m quite sure that the ABI will take comfort in her argument that a … Continue reading

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Let’s not get caught with our trousers down (again).


The reason we have NEST and its £400m debt to the tax-payer is that the private sector refused to commit to supporting auto-enrolment ten years ago. If the organisations like Legal & General, Standard Life and Aviva , could have … Continue reading

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Knowing the “money” in “value for money”.


At last we may get to know what we really pay for the management of our funds so we can work out it it’s worth it. Continue reading

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“Lest we forget” – can we sweep legacy under the table?


      Yesterday, I wrote about why a good chunk of the personal pensions sold before 2000 (and a few after) were poor value for customers. The pensions were sold with “a lifetime of advice inside”, scandalously, the advice … Continue reading

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To laugh or to cry? – the ABI’s review of legacy charges.


Nearly a year and a half on from the publication of the OTT’s damning report on workplace pension provision, the ABI have proudly announced that Frontier Economics have reported on the charges their members have been making on our DC … Continue reading

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