Tag Archives: advice
“That’s an interesting choice”
“That’s an interesting choice” is a statement that interests me a lot. It is an entirely satisfactory response to a test we have just started with the FCA in which we allow people to compare pension pots by way of … Continue reading
Posted in actuaries, advice gap, age wage, pensions
Tagged advice, choice, FCA, interesting, meaningful, pension, pensions, Sandbox, Scam, scammer
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Should the tax-payer subsidise the cost of vertically integrated advice?
The cost of pensions tax-relief is likely to be a burning issue in the months ahead. The tax-payer is supposed to incentivise good behavior. Pre-funding retirement income leads to self-sufficiency and independence on younger generations in later life. That’s … Continue reading
Posted in advice gap, age wage, dc pensions, pensions
Tagged advice, cross-subsidy, financial advice, SJP, Vertical integration
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Transferring pots is a matter for the FCA and not MAPS
BREAKING: Stephen Timms, the work & pensions select committee chair, is to push for DB schemes to be able to pause transfers to reduce the risk of savers being hit by scams. Mr Timms plans to table an ammendment to … Continue reading
Posted in advice gap, pensions
Tagged advice, FCA, Guidance, MAPS, Stephen Timms, Tim Smith
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The pension must go on
As we all work in our individual way from our individual workplaces, it’s hard to see the big picture – we see plenty of trees but not the wood. Pensions are not about us but about the people who get … Continue reading
Posted in advice gap, age wage, auto-enrolment, dc pensions, de-risking, Liability Driven Investment, Pension Freedoms, pensions
Tagged admin, administration, advice, Furlough, Investment, Oil, pension, Show must go on
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Furloughing financial advice?
This blog has been furloughed
Posted in advice gap, age wage, pensions
Tagged advice, Furlough, IFA, pensions, Succession, Work
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People approaching retirement face ‘financial emergency’ – Billy Burrows
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
Posted in advice gap, age wage, pensions
Tagged advice, advice gap, AgeWage, Better Retirement, Billy Burrows, financial advice
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“Advice for Middle Britain” – keeping the cost down.
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
Posted in advice gap, age wage, pensions
Tagged advice, advice gap, AgeWage, middle Britain, pensions
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Is MaPS creating a UK Financial Wellbeing Movement?
At this time of crisis , we need to be deploying our resources to meet the immediate needs of our customers and MaPS should be no different Continue reading
Posted in age wage, pensions
Tagged advice, annuity, auto enrolment, Business, debt, Debt management plan, DWP, MAPS, Pensions
2 Comments
Adding life to our years, not just years to our lives.
“What all of us want, as we age, is to add life to our years, rather than just years to life. An extended middle age is not unique to US politicians. It should be available to everyone — and … Continue reading
Posted in advice gap, age wage, pensions
Tagged advice, AgeWage, Camilla Cavendish, pensions, Pentech, Retirement, ruston smith
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It’s not the customers who needs to change – it’s the advice they get.
Just eight per cent of the 2,011 39-54-year olds captured in the nationwide ‘Generation X Retirement Prospects’ study commissioned by pensions specialist fintech company Dunstan Thomas, have consulted an Independent Financial Adviser in the last 12 months. These findings … Continue reading
Posted in advice gap, pensions
Tagged advice, advisor, Dunstan Thomas, inheritance, pensions
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