Tag Archives: FCA

FCA considers greater push to non-advised services

  The Financial Conduct Authority wants to encourage more consumers to invest through non-advised services in what it terms “a guided sales model”. There are rumours this could feature in the Queens Speech. It has been discussing the potential development … Continue reading

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ClearGlass calls a market distortion in fund management fees

This article is from Dr Chris Sier, the Executive Chair of ClearGlass and co-founder of AgeWage. Collecting data on fund management costs and charges. ClearGlass collects client- and deal-specific cost data using the client-specific mechanism of the CTI templates. This … Continue reading

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The IGCs are now in a tight corner – is this fair?

Normally at this time of the year I would be reading IGC reports and commenting on them. In future reports will be published by the end of September and will be considerably more challenging for IGCs to produce. In this … Continue reading

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Value for Money

When I went to see the Pensions Minister earlier this week, I had three problems and three ideas My first problem was that we had no fix for the feeble participation rates for pension credits, I’ve written about the solution … Continue reading

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Transfer volumes fall, the FCA back in trouble and bears visit the woods

  Yesterday was one of those days where various stories break together like rippling waves onto a calm beach. The House of Commons Public Accounts Committee, having read the National Audit Offices report on the BSPS fiasco, has duly called … Continue reading

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Asleep in a meeting? The FCA’s new consumer duty starts at the top.

  I have no reason to doubt Al Rush of Philippa Hann’s account of a 2019 meeting with then FCA boss’ Andrew Bailey. Al claims that “there were a number of times when his [Bailey] head dropped and he had … Continue reading

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Ian McKenna’s dashboard rant gets a huge “like”

I didn’t realise I had as much in common with Ian McKenna  – nearly 5,000 linked in connections it seems! Those bonds were cemented yesterday when Ian posted this great comment on my blog on pension dashboards. Ian McKenna Winner … Continue reading

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The OECD’s 10 Commandments for DC pensions

The OECD has produced a well thought out Recommendation for the design of defined contribution pension plans. Published on 23rd February, it has received little comment (presumably as it has not been subject to a press release). However, it is … Continue reading

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Picking an IFA who’ll stay the course.

  My friend John Quinlivan is fond of asking me “capital or covenant?” He means me to answer whether my business case is  based on the weight of money I can call on , or my trust that I am … Continue reading

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We need to know what goes on behind closed doors.

  “The life chances and financial security of millions of people across the country depend on the timely and successful reform of this key piece of financial services regulation,” -Tracy Blackwell- Pension Insurance Corporation. Tracy Blackwell is right. Any reform … Continue reading

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