Tag Archives: CETV

Contingent charging – “commission” by another name?

Posted on December 8, 2018 by

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 →

Posted in advice gap, pensions | Tagged , , , , | 3 Comments

Some odd things about partial transfers.

Posted on October 25, 2018 by

There’s a debate going on between Al Rush, Jo Cumbo, Steve Webb and a number of others with regards partial transfers from defined benefit schemes. Want to go 50:50 with a “final salary” pension transfer? Ford will soon let employees … Continue reading →

Posted in advice gap, BSPS, pensions | Tagged , , , , , | 5 Comments

Will a “Transfer Value Comparator” work?

Posted on October 12, 2018 by

t DB transfer activity has begun to stabilise, with far more transfers being quoted and taken every quarter compared with the position before the new freedom and choice flexibilities were introduced by the Government in 2015. Bart Huby LCP Aug … Continue reading →

Posted in advice gap, BSPS, pensions | Tagged , , , , , , | 4 Comments

Are some schemes over-paying on Transfer Values?

Posted on August 29, 2018 by

Royal London have requested and got the notorious letter sent earlier this year to certain schemes perceived to be vulnerable to pension transfers. It includes the following sections. There is nothing new about this guidance; Steve Webb is spot on … Continue reading →

Posted in pensions | Tagged , , , , , , | 9 Comments

Recognition for Al Rush and for Chive, but have we learned Port Talbot’s lessons?

Posted on June 22, 2018 by

It was good that Chive received recognition from the IFA community at last night’s Money Marketing Awards. The final award of the evening is the Outstanding Contribution Award sponsored by @RoyalLondon #MMAwards2018 — Money Marketing (@_moneymarketing) June 21, 2018 It … Continue reading →

Posted in actuaries, annuity, pensions | Tagged , , , , | Leave a comment

Lessons from Port Talbot – webinar – 26th June

Posted on June 14, 2018 by

Transfer values from DB schemes tripled in 2017 to £34.2bn. Transfer values are fundamentally changing the cashflow profile of many defined benefit schemes and bringing new challenges for trustees and employers. Last year, the highest profile transfer value activity was … Continue reading →

Posted in pensions | Tagged , , , , , , | Leave a comment

If we can’t measure CETV take up, how can we manage it?

Posted on May 21, 2018 by

There’s a well known phrase “if you can’t measure it, you can’t manage it”. The Government can’t measure the extent of DB transfers and I conclude that they can’t govern the transfer process until they do.     Here’s the … Continue reading →

Posted in advice gap, pensions | Tagged , , , , , , | 5 Comments

What now for the new BSPS and its members?

Posted on May 17, 2018 by

I was sent an announcement yesterday about the new British Steel Pension Scheme. It’s a complicated message and I’ve tried to add comments that explain what each paragraph means in a little easier way. My comments are in green. They … Continue reading →

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

What I’ll be looking for from the 2018 IGC chair statements

Posted on April 4, 2018 by

    2018 and all that It’s IGC reporting season again and I’ll be looking to have answers to four questions this year. So here are my questions (more hope than expectation). If you’re making a value for money, what … Continue reading →

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

Why consumers need better choices; (explaining CDC to a merchant banker)

Posted on March 30, 2018 by

We need to find new ways to explain CDC to a wider audience – even merchant bankers! Continue reading →

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