Tag Archives: Daily Mail

“Is the fund industry morally bankrupt?”

It is 80 years since the United States set down the Investment Act that established four principles on which fund governance sits. Fund governance refers to a system of checks and balances and work performed by the governing body (board) of … Continue reading

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

Financial advisors need better retirement products

Better products that deliver what they say I had the pleasure of Chris Radford’s company over the weekend. Chris is a consultant to pension providers , a regular at our Pension lunches and someone who thinks about the way ordinary people … Continue reading

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

Hats off to Steve Webb for our new pensions system!

It’s good to see the publication of the DWP’s white paper Security in Retirement – towards a new pension system. It announces an initiative first promoted by Frank Field in the late 1990s but thought then “unthinkable”;. While I agree with … Continue reading

Posted in auto-enrolment, pension playpen, pensions, Public sector pensions, Retirement, steve webb | Tagged , , , , , , , | 6 Comments

Six for five pound, one pound fish

Following brief employment at a pound shop, Muhammad Shahid Nazir, a Pakistani immigrant to the United Kingdom  from the town of Pattoki, Kasur in Punjab,  began work on a fish stall at Queen’s Market, Upton Park where his employer instructed him to … Continue reading

Posted in fish, one pound fish, pensions, smelly | Tagged , , , , , , , | 1 Comment

Rose Metcalf- dancing seafarer to the rescue.

Did anyone hear the full interview on Radio Five Live this morning with Rose Metcalf? The 22-year-old dancer told of her night helping passengers, staff and herself off the stricken Costa Concordia with a poise and understatement that suggests she has rather more … Continue reading

Posted in costa concordia, Cruise boats, Henry Tapper blog | Tagged , , , , , , , , , , , , , , , | 14 Comments

That ETV debate in full

Sometimes people’s comments on blogs are more interesting than the blog itself- this is certainly the case in a blog I wrote last week on “Enhanced Transfer Values” the thrust of which is that there are better ways to de-rsik defined benefit pension plans than by giving members cash bungs to transfer out theirguaranteed rights.
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Posted in annuity, dc pensions, de-risking, pension playpen | Tagged , , , , , , , , , , , , , , , , , , | 11 Comments

There are better ways to de-risk than ETVs

The only pension schemes which you cannot transfer out of are the Basic State Pension, State Second Pension and NEST (yes – odd that a DC plan is in that mix). Continue reading

Posted in corporate governance, customer service, dc pensions, de-risking, EU Solvency II, Liability Driven Investment, NEST, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | 13 Comments

Pension Playpen lunch- the new consensus

Next lunch is Monday December 6th- same place but we’ll be doing a Christmas special. Continue reading

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