Tag Archives: charges

We do not need another consultation on costs and charges.


A report in Professional Pensions that we are to get yet another consultation on costs and charges fill me with gloom. As the report points out, we have two consultations on the subject – in progress. They follow an exhaustive call … Continue reading

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Is pressure building on financial services?


One test of populism will be the extent to which “populist” Governments take on the cost of saving and investing. We are used to “bank bashing”, they were the justifiable targets of public wrath for the savings and loans crisis, … Continue reading

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Transaction costs- what Pension PlayPen has to say to the FCA


The FCA’s consultation paper on Transaction Costs and Charges is important and timely. It enables those who are governing our workplace pensions to do their job and makes sure that those who invest our money- do their’s. Here’s the response … Continue reading

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People’s Pension admits undisclosed charge-hike.


Last week I published an article “Power to the People”, calling on People’s pension to tell their members what their asset managers were charging for stock lending on trustee’s assets. People’s Pension has responded with a comment on that blog. … Continue reading

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“Transaction cost disclosure in Workplace Pensions” – #FCA


  Most people now have a DC workplace pension and if you haven’t got one you’re either very lucky (as you’re accruing a defined benefit) or one of the 6m marginal employees who are reckoned to be “entitled”, “non-eligible” or … Continue reading

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Where next for pensions transparency?


As illegal drugs to your health so hidden charges to your finances Imagine that you were tasked to prevent drugs coming into this country. Would you ask the driver if he had drugs in his vehicle and wave him through … Continue reading

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“Monkeys redundant” -Con Keating gives the IA a proper kicking


  The following blog is printed with the kind permission of Con Keating and relates to recent blogs on this site “the charges of the light brigade” and “searching for the Loch Ness Monster“ The strapline to the press release … Continue reading

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The soft underbelly of master trusts


  Many master trusts are absolutely rotten – they are not fit for purpose. Lots of advisers are using them as a back door way of bringing in commission, dressed up as high governance charges. The words of Barnett Waddingham’s … Continue reading

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Till we know the “money” – shut up about “value”.


  I had a number of meeting yesterday culminating in an afternoon spent with members of the Transparency Task Force (TTF), with the FCA and with certain interested observers. I can report the meeting happened and what was said but … Continue reading

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The time for cost transparency is now – guest blog from Stewart Bevan


  The topic of transparency of costs and charges refuses to go away. Significant costs are still not being disclosed fully to asset owners who often have no idea of their potential impact.   I recently heard a discussion about … Continue reading

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