Tag Archives: charges

Investment; Nobody’s sharing your pain but you.

“Everyone wants to know you when the market’s rising, but when it falls, you’re on your own”. That’s the comment of one of my friends who’s been trying to talk with his wealth manager over the past week. Right….that’s it … Continue reading

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Workplace GPPs, incompetence not governance drives policy.

The argument in a nutshell The FCA has decided to relax rules that would have made the management of workplace group personal pensions very difficult. These GPPs are run by insurers and a few GSIPP operators (Hargreaves Lansdown most prominently). … Continue reading

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“What do people want?” – a question for IGCs

  The saddest statement I heard last year was from an adviser who told a room “we have given up reporting on outcomes, outcomes always disappoint”. It is not just IFA’s who don’t like to report on the outcomes of … Continue reading

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How contingent fees underpin SJP’s shareholder value.

The last two days have not been kind to St James Place, on Tuesday it was presented with the FCA’s CP19/25 and PS19/21 and yesterday it had to face the wrath of the market which marked its shares down 5% … Continue reading

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The impact of NDAs on pension outcomes

NDAs (non disclosure agreements), have been much in the news in the past week. The government says it will crack down on the use of workplace “gagging clauses” to cover up allegations of harassment, discrimination and assault. Many businesses use … Continue reading

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Peoples;- for once the small print is good news!

  Yesterday I published the news that People’s Pension has dropped its prices for those with larger balances which they estimate will lead to a 10% drop in overall fee income. That is good news, especially if you are in … Continue reading

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FCA to tame the drawdown bucking bronco!

  Yesterday was a good news day for people concerned about retirement income. The FCA made two meaningful statements on what it intends to do to help ordinary people trying to manage their in retirement finances. The first was the … Continue reading

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34 firms under investigation by FCA for non-disclosure of investment charges

    The Times are running this story as a result of a tip-off by professional charge-busters and founding members of the awkward squad SCM Direct. If you don’t know what SCM Direct is, that’s because you aren’t one of … Continue reading

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“Fund pays”. How platforms hide the bills till it’s too late.

I published a blog over the weekend , which is rather better for the comments it’s attracted. Indeed there’s an argument to read the comments and ignore the blog! The blog asked “what’s the point of platforms?”. I hadn’t expected … Continue reading

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Workplace pensions – who gives a flying feck what’s going on?

  Data or opinion? What’s the best measure of value? Most investors when looking for evidence and would prefer to trust data. Opinion is now measured by “the crowd”, the wisdom of a great number of people is turned into data. … Continue reading

Posted in Henry Tapper blog, IGC, pensions | Tagged , , , , , , , | 1 Comment