Tag Archives: chris sier

We don’t just need a dashboard – we need a steering wheel!


Like everyone else, I think a dashboard to see my pension pots in a single place is a great idea. But building a dashboard is only a part of it. You can’t steer your car with a dashboard. 21st century … Continue reading

Posted in pensions, age wage | Tagged , , , , , | 3 Comments

Roll out Transparency today!


  Today is a Transparency Task Force day and Andy Agethangelou and the transparent will be assembling at Pension Insurance Corporation from 9am. You can catch me on a CDC power panel at 4pm. I urge you to go- it … Continue reading

Posted in pensions | Tagged , , , , , , , , | 1 Comment

The CMA and IDWG are looking for the right grubs under the wrong stones.


The Competition and Markets Authority has produced the first of a series of working papers (only 90 pages) looking at the buy-side of institutional intermediation (e.g. what happens between buying an asset and the return the customer gets). “The evidence reviewed … Continue reading

Posted in advice gap, brand, BSPS, pensions | Tagged , , , , , , , , | 2 Comments

Tell us what value is and we’ll measure it!


  Donny Hay , a client Director at Pitman’s Trustees, argues cogently in this week’s Pension Expert- about recent work by Chris Sier and colleagues the cost assessment template focuses on the numbers, but says nothing about whether those costs represent … Continue reading

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A battle won – not yet the war; FCA demands cost disclosure.


    I get worried by premature announcements of victory. The battle to get proper cost disclosure is a long one , hostilities commenced properly with the OFT report on workplace pensions in 2014. This reminded Government that we know … Continue reading

Posted in auto-enrolment, pensions | Tagged , , , , , | 6 Comments

What do we tell our members?


    Yesterday’s keynote speech from David Farrar at the Professional Pension DC Conference contained some important messages. I wasn’t the only person in the room picking up a new tone on disclosure. The quote is a close approximation to … Continue reading

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Fund managers -Norma Cohen is still watching!


  The great British financial journalist Norma Cohen rarely publishes in the FT these days, when she does, it is to great effect. This week she published a quiet and thoughtful piece on the impact MIFID II is having on … Continue reading

Posted in Blogging, David Pitt-Watson, economics, journalism, pensions | Tagged , , , , , , , , | 3 Comments

Britain leading the way (at last)


The balance of regulatory geo-politics has changed (did I really write that!) I guess most baby boomers like me grew up thinking that (at least in matters financial), Britain could look to America for progressive policy and practice. This is no … Continue reading

Posted in advice gap, Big Government, customer service, pensions | Tagged , , , , , , , , | 3 Comments

Why employers must understand the value for money of their workplace pension


  Among the remedies leading from the FCA’s Asset Management Market Study was a clear recommendation …that both industry and investor representatives agree a standardised template of costs and charges and we propose to ask an independent person to convene … Continue reading

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From Denham to Sier – a 1% world!


  You know how sometimes a little fact gets stuck in your head for no apparent reason? Back in 1998, I was reading an article by the then Pensions Minister John Denham. He stated that if we could reduce the … Continue reading

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