Tag Archives: costs

Will tomorrow’s pension decisions focus on cost , value or both?

Posted on November 27, 2021 by henry tapper

I’ve now had a chance to properly read the Pension Policy Institute’s ” What is the impact on member outcomes of different non-capped charging structures? It’s a splendid piece of work, and it’s the second important contribution to the debate … Continue reading →

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MaPS – this is not the way to buy investment pathways!

Posted on April 10, 2021 by henry tapper

I wonder how many of the 60,000 people who each month decide they want to “get at” their pension money, are finding their way to MaPS website set up for people to understand and compare their investment pathway options (for … Continue reading →

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If you think you know your costs, you could be wrong

Posted on June 13, 2020 by henry tapper

This is the third of Dr Chris Sier’s insights into cost transparency and it gets right to the heart of the issue: just how much of a pension schemes total costs were previously unknown?   ‘You can’t manage what you … Continue reading →

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From helping your clients to helping yourself.

Posted on March 17, 2020 by henry tapper

The severity of the falls in stock market put in jeopardy the revenues of asset based businesses. Put simply, if the markets fall 50%, so do revenues. What were profitable business models become unprofitable and sooner or later costs catch … Continue reading →

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Workplace GPPs, incompetence not governance drives policy.

Posted on February 5, 2020 by henry tapper

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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“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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Is pressure building on financial services?

Posted on January 31, 2017 by henry tapper

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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Why pensions pinch your pay packet

Posted on December 11, 2016 by henry tapper

We now know that we are unlikely to get a national pay rise for the rest of the decade. We are worse off in terms of wages than we were ten years ago. What we get paid matters and with … Continue reading →

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People’s Pension admits undisclosed charge-hike.

Posted on November 24, 2016 by henry tapper

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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