Tag Archives: advice gap

Still no evidence that pots are becoming pensions!

Posted on January 30, 2021 by henry tapper

There’s not been much discussion about the HMRC’s latest update on what’s being drawn down from  our pensions and what there has been has interpreted the data differently. Alistair Mcqueen has tweeted positively New pension freedom data out today. Total … Continue reading →

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What we don’t consider matters

Posted on August 21, 2020 by henry tapper

Listening to Victoria Derbyshire talking about domestic abuse on the radio this morning , I was struck by one insight. When asked why domestic abuse had been such a low priority at the start of lockdown she observed that as … Continue reading →

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Taking someone else’s numbers for it. The shortcomings of AoVs.

Posted on August 19, 2020 by henry tapper

  I suffer from pension dreams, these wake me up at odd hours of the morning with questions that I cannot answer. This morning’s question was put to me by someone who bought a pension savings plan from me when … Continue reading →

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Is value for money, the Standard by which we can make sense of pensions?

Posted on August 15, 2020 by henry tapper

Although financial advisers do a great job and  advice usually provides value for the money it costs,  9 out of 10 British adults will take the key financial decisions about their retirement on their own. The FCA wants unadvised individuals … Continue reading →

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What MaPS can learn from Australia’s MoneySmart Retirement Planner

Posted on August 14, 2020 by henry tapper

The Australian Government has built what it calls the MoneySmart Retirement Planner which is a dashboard tool. You plug in your savings in “Super” and tell the planner a little about yourself (and your partner) and within five minutes you … Continue reading →

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Pension Bee and the fintech annuity

Posted on August 5, 2020 by henry tapper

Legal & General Retail Retirement has agreed a new partnership  to provide annuities to PensionBee customers. From 3rd August, customers enquiring about an annuity with PensionBee will be introduced to Legal & General for further information, or to get a … Continue reading →

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People approaching retirement face ‘financial emergency’ – Billy Burrows

Posted on April 1, 2020 by henry tapper

Billy is a national treasure – this is the text of an article that first appeared in Money Marketing There is clearly a national state of emergency, but there is also a financial emergency for those approaching retirement with a … Continue reading →

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“Advice for Middle Britain” – keeping the cost down.

Posted on March 29, 2020 by henry tapper

I’ve recently published a blog called “Advice for Middle Britain” which argues for a more honest approach to the promotion of dependent advice. It sets out a trade-off between the purity of fee-based advice and what people can afford. Most … Continue reading →

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Should it cost an IFA £1500 to onboard a new client?

Posted on March 1, 2020 by henry tapper

The unfortunate risks of “advice on the cheap” Should it cost an IFA £1500 to onboard a client This is not a trick question , it is a genuine one. It stems from a tweet directed at me by Rob … Continue reading →

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Ruston Smith takes staff retirement seriously

Posted on November 12, 2019 by henry tapper

I was glad to see Ruston Smith sticking his neck out in the pages of REBA. as Chair of the Tesco Pension Fund, Ruston has always been prepared to go the extra mile and say the things his peers shy … Continue reading →

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