Tag Archives: Active management

John Kay – practical solutions to the FCA’s problems – please!

Passive management must be valued In a lukewarm response to the FCA’s Asset Management Market study, John Kaye comments.  Greater transparency of charges will do little harm, but will also make little difference. Those customers who do focus on price … Continue reading

Posted in advice gap, pensions, workplace pensions | Tagged , , , , | 1 Comment

Chimp or chump? Fund Managers: Really, Really Bad at What They Do

For some years, First Actuarial have been running a “Monkey League” which pits the wits of 150 top brains against 1000 monkeys; the task, to pick two teams to do well and two to do badly in each of the four football … Continue reading

Posted in dc pensions, First Actuarial, monkey league, pensions | Tagged , , , , , , , , , | 2 Comments

Better ways to diversify the default.

When people see the jigsaw being put together , we may even get better public confidence in workplace pension schemes – something devoutly to be hoped for! Continue reading

Posted in actuaries, David Pitt-Watson, dc pensions, de-risking, defined aspiration, Financial Education, First Actuarial, leadership, NEST, pensions | Tagged , , , , , , , | 9 Comments

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

Vertical disintegration

14 of the largest insurer offering pension plans have agreed to publish the true costs of the funds they off to people buying the personal and company pensions they run. These funds sit on “platforms” which provide investment administration , keep … Continue reading

Posted in auto-enrolment, David Pitt-Watson, dc pensions, hargreaves lansdowne, pensions | Tagged , , , , , , , | 17 Comments

Australian “Super” – not an answer – a new question.

I went to a discussion on the Australian retirement savings system at the invitation of the Australian actuarial group in London (thanks guys). The talk was excellent as were the questions. Being  neither Australian or an actuary it was an eye – opener! Australia … Continue reading

Posted in annuity, Australia, auto-enrolment, corporate governance, pensions, Retirement, The Ashes | Tagged , , , , , , , | 5 Comments