Tag Archives: BSPS

The nastiest, hardest problem in finance


  For all the emotion surrounding transfer values, it’s worth taking a step back and ask the simple question “should I stay or should I go”. In July, John Ralfe wrote what (for me) is still the best summary of the situation … Continue reading

Posted in BSPS, pensions | Tagged , , , , , | 2 Comments

Why are workplace pensions excluded from transfer advice?


NEST gets us thinking Gavin Perera-Betts work for NEST, he’s the chief customer officer – the person charged with helping people get the most out of their savings and he’s the author of NEST’s recent response  to the Government’s Select Committee … Continue reading

Posted in advice gap, BSPS, pensions | Tagged , , , , , , , | 13 Comments

“Transparency” needs to do some work.


I worry the work on transparency is hypothetical – that it lacks practical application – that it has no immediate value to the consumer. But then I think of the conversations I’ve been having with consumers – these past four … Continue reading

Posted in BSPS, pensions | Tagged , , , , , , | 6 Comments

“Certainty and Security”; a message for British Steel Pensioners.


This is a message to British Steel Pensioners who may be feeling uncertain about the  British Steel Pension Scheme. The message is simple, you have two secure options, the BSPS2 and the PPF, for most of you BSPS2 will be … Continue reading

Posted in BSPS, pensions | Tagged , , , , , | 7 Comments

Cost and value of advice in Port Talbot


Al Rush and I drove down to Wales yesterday and spent a day in the Taibach Rugby club at the invitation of the moderators of the BSPS Facebook groups. Good chatting with steelworkers in Taibach. Met up with a schoolmate … Continue reading

Posted in advice gap, pensions | Tagged , , , , , , , | 6 Comments

Practical help for practical people- what we hope to do for BSPS members.


What Al Rush and I are up to I’ll be taking up to a week off over the next fortnight – partly because I have to and partly because I relish the opportunity of scooting around the country doing what … Continue reading

Posted in advice gap, BSPS, pensions | Tagged , , , , , , , | 7 Comments

Do you want to advise BSPS members in their “time to choose”?


This blog is for financial advisers, though anyone, including BSPS members, may find it useful. Financial advisers are urgently required by these members who are in their “time to choose”. There are two self-help groups for BSPS members. One is for all … Continue reading

Posted in advice gap, BSPS, pensions | Tagged , , , , , | 9 Comments

“A decision to take a transfer cannot be reversed and should not be rushed”


This blog is mainly written for deferred members of the British Steel Pension Scheme, but many other people may find it interesting. There’s no doubt that what is going on in Tata-land, will go on with other employers who feel … Continue reading

Posted in accountants, advice gap, Bankers, Change, drawdown, Facebook, pensions | Tagged , , , , , , , , , | 7 Comments

So what makes you so special?


It’s a tough question in any walk of life. There is always someone who will answer that question because they are, but most of us will find ourselves out when answering it. We’re not – and if we were all … Continue reading

Posted in Blogging, BSPS, pensions | Tagged , , , , , | 2 Comments

The”great Pension cash-in” needs a check out.


Jo Cumbo’s article on the “Great Pensions Cash-in” has been given promoted to the FT’s “Big Read” – so it should be. It’s a fine piece of work and it has a brilliant opening which I will quote because many … Continue reading

Posted in Blogging, BSPS, pensions | Tagged , , , , , , , | 3 Comments