Tag Archives: AMC

Consultants – we must end the “AMC limbo” now!

Posted on April 27, 2023 by henry tapper

A long time ago , I and a colleague were presenting to the trustees of the parliamentary DB pension plan (the PCPF), an alternative AVC arrangement to the Equitable Life (whose proposition was collapsing). We knew that we were offering … Continue reading →

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Buying our funds the Ottoman way. What British investors can learn from Turkey.

Posted on March 7, 2016 by henry tapper

Last week at a meeting of the Transparency Task Force, I listened to Dr Chris Sier talk of his work in Turkey, understanding how that country’s regulators are getting to grips with fund costs and charges and ensuring that fund … Continue reading →

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How safe is your workplace pension?

Posted on July 18, 2015 by henry tapper

The opportunity to improve pension fund charging. Let us pause for a moment and consider what we are buying into when we set up a workplace pension for our staff. On the face of it, nobody enrolled into a workplace … Continue reading →

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Auto-enrolment – matching payrolls to pensions.

Posted on September 13, 2014 by henry tapper

The big payroll/pension issue There are, according to one payroll software development we have spoken to, 42 separate interfaces between payroll and HR and the various workplace pension providers. Not all payrolls are prepared to build processes to accommodate each … Continue reading →

Posted in dc pensions, Payroll, pensions, Pensions Regulator | Tagged , , , , | Leave a comment

Fund management’s like a car-boot, you’ve got to know what you’re paying (and what you’re buying).

Posted on January 19, 2014 by henry tapper

Fund management’s like a car-boot, you’ve got to know what you’re paying (and what you’re buying). Continue reading →

Posted in auto-enrolment, Bankers, brand, Farefail, Financial Education, First Actuarial, FSA, hedge funds, infrastucture, investment, London, Management, middleware, NEST | Tagged , , , , , , , , , , , , , , , , , , , | 1 Comment

The death bell tolls for commission –

Posted on July 3, 2013 by henry tapper

Another step on the hard road to pensions decency Continue reading →

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A time for action not tears!

Posted on June 5, 2013 by henry tapper

Yesterday I was kind to insurance companies; this was a PR mistake. My inbox received a number of reproofs reminding me of the shoddiness of insurance company practice – in particular their reliance on “embedded value”. Fortunately these did not include a broadside … Continue reading →

Posted in auto-enrolment, pensions, workplace pensions | Tagged , , , , , , , | 3 Comments

What a charge cap would mean for insurers

Posted on June 4, 2013 by henry tapper

the Embedded Value write offs if the cap comes in at 0.5% will be in the £bns Continue reading →

Posted in Australia, auto-enrolment, Financial Education, Payroll, pension playpen, pensions | Tagged , , , , , , , | 14 Comments

Risk-sharing starts with cost-sharing

Posted on June 3, 2013 by henry tapper

This lunchtime we will be debating pension charges at the Pension Play Pen lunch (50 Cornhill). This blog may help in organising my thinking and perhaps your thinking too! The terms of the debate about the charges cap that the … Continue reading →

Posted in advice gap, auto-enrolment, dc pensions, pensions | Tagged , , , , , , , | 5 Comments

Pensions for nothing and advice for free

Posted on May 29, 2013 by henry tapper

Insurers will reconsider their options on schemes where commission is paid but no advice is delivered Continue reading →

Posted in auto-enrolment, investment, NEST, pensions | Tagged , , , , , , , | 8 Comments