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Tag Archives: BSPS
Pension transfers- actuaries have nothing to crow about.
I am cross that an established firm of actuaries get on the front page of the FT for kicking IFAs for their advice on pension transfers Mark van den Berghen, principal and senior consulting actuary at Buck, a consulting firm … Continue reading
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Posted in actuaries, age wage, BSPS, pensions
Tagged BSPS, Crow, pension transfers, pensions, Stable, stable door
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Ruston Smith takes staff retirement seriously
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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Posted in advice gap, age wage, annuity, pensions
Tagged advice gap, BSPS, pensions, REBA, ruston smith, Tesco
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Put gallows humour apart – the Jingye deal looks good news for the north-east.
Jingye deal for British Steel expected to secure thousands of jobs https://t.co/lqGTFIob31 — Stefan #Labour:ForTheManyNotTheFew #GTTO (@SZaitschenko) November 11, 2019 There ought to be some gallows humour up at Scunny this morning. After all, the issues British Steel has had, … Continue reading
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Posted in advice gap, BSPS, pensions
Tagged British Steel, BSPS, North East, pensions, Scunthorpe
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British Steel – workplace pensions go missing
Maria Espadinha’s excellent article in the FT’s Advisor clarifies to financial advisers that were Greybull to go into administration, there would be no impact on the new BSPS. It’s a timely reminder as there will undoubtedly be increased vulnerability amongst traumatised … Continue reading
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Posted in advice gap, BSPS, pensions
Tagged BSPS, ft, FTadvisor, Greybull, Maria Espidhana, tata, workplace Pensions
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Get up, stand up, for your pension rights
Josephine Cumbo has written an important blog in Pensions Expert. If you aren’t registered to see the article, I urge you to do so. Access to the article is free and it pretty well sums up my … Continue reading
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BSPS – is the “dam breaking”
The imagination of Al Rush is stirred by deeds of the RAF so I smiled to see this Facebook post. Being on the other side of the planet, I had not picked up on this press release from the FCA. … Continue reading
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Posted in advice gap, BSPS, pensions
Tagged Al Rush, BSPS, dam, dambusters, jo cumbo, justice, pensions
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The Rookes report is a fine piece of work but actions speak louder than words.
Having read Caroline Rookes’ review of the regulator’s handling of the BSPS “Time to Choose” episode , I’m satisfied that she’s sending the right messages to the various authorities involved. There are four authorities who have their say in the … Continue reading
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Posted in advice gap, pensions
Tagged BSPS, Czroline Rooks, DB, pensions, Port Talbot, transfers
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Contingent charging – “commission” by another name?
Along with Al Rush, Jo Cumbo , Michelle Cracknell – I was interviewed yesterday by the BBC Moneybox team for a Christmas special on pension transfers. It’s always good doing these things as it forces you to say what you … Continue reading
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The FCA finally get to the bottom of why transfers have been mis-sold.
I feel like singing hallelujah! The FCA’s findings from their transfer review are brilliantly presented here by NMA’s Talya Mistry.Misiri Here’s how she sums things up The findings highlighted that less than 50% of advice was suitable. It said that … Continue reading
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Now that’s what I call financial advice.
I’m quoting Al Rush from the Facebook post he made yesterday evening following the meetings of steelworkers with MPs and Regulators yesterday. Al’s message to the steelmen Sometimes, in my line of work, it can be dispiriting to work for … Continue reading
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Posted in BSPS, pensions
Tagged Al Rush, BSPS, FSCS, IFA, pensions, Philippa Hann, Steel men
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