Tag Archives: charges

How contingent fees underpin SJP’s shareholder value.

Posted on August 1, 2019 by henry tapper

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

Posted on July 23, 2019 by henry tapper

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!

Posted on February 22, 2019 by henry tapper

  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!

Posted on January 29, 2019 by henry tapper

  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

Posted on October 8, 2018 by henry tapper

    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.

Posted on May 22, 2018 by henry tapper

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?

Posted on February 17, 2018 by henry tapper

  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 →

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“Investment advisory fees up 14%” -why?

Posted on August 31, 2017 by henry tapper

  Can someone explain what is meant by an investment advisory fee in this context? The report appears in Financial Planning Today which describes itself as the daily news website for Financial Planners, Paraplanners and Wealth Managers. The article doesn’t mention … Continue reading →

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“Ease of use” or “value for money”?

Posted on April 27, 2017 by henry tapper

Paul Lewis, above all other financial journalists is the master of the 140 character tweet. Here is one of his very best, embedded in a conversation with Louise Cooper. The genius is in the “compete mainly on rhetoric and ease … Continue reading →

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We do not need another consultation on costs and charges.

Posted on January 31, 2017 by henry tapper

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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