Tag Archives: FCA

Scorched earth pricing could leave DC master trusts infertile

A new threat to Government plans to upgrade DC pension plans through investment in productive finance has emerged. Hymans Robertson has proposed a “10-10 and 10” strategy to get our pensions working as hard as we do. “If you are … Continue reading

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Forget the doors, we need new stables – FCA and TPR’s LDI guidance

I doubt that any conversation surrounding TPR and FCA’s guidance on managing LDI will not reference stable doors, horses, creaking hinges or boults. Being wise after the event is something we are all very good at, being wise before the … Continue reading

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Will British Steel lessons fuel retirement income review reforms?

Stephen Lowe of Just clearly thinks that the redress project that is going ahead for British Steelworkers ill-advised to leave their pension scheme has focused minds at the FCA on the need for  income in retirement. Citywire reports  Lowe as … Continue reading

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BSPS ambulance chaser crashes again.

Good news for steelworkers and bad news for  Gareth Fatchett, his firm FS Legal and the IFAs that have been paying Fatchett’s legal bills. Not only will they have to pay redress in full to ill-advised steelworkers  – but they  … Continue reading

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Learning to love my consumer duty

I admit to putting off reading the first five chapters of the consumer duty as instructed by my compliance officer. I have now done so and a few selected chapters more, diligently noting salient paragraphs and rehearsing over-riding principles, cross-cutting … Continue reading

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TPR – under new management?

My blog this morning solicited three comments, all of which are worth a blog on their own I suspect that the Bank of England Financial Policy Committee recognised that the interest rate risk in DB pensions is not a natural … Continue reading

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Do we ever save enough to stop work?

  I am not at all sure that most people ever feel secure enough to pack work in. So I found Ali Hussain’s article in the Times , depicting fifty somethings rushing to the door at the prospect of higher … Continue reading

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From minor to major – writing for the public’s harder than blogging on this!

Occasionally I am asked to write for a wider public than the people who read my blog and when I do , I scare myself. Many of my blogs struggle to get 178 readers so to get 178 comments on … Continue reading

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“A good way to kick off the debate” – Now let’s get this VFM Framework over the line

    The headline was given me by the DWP’s Des Healy after Pension PlayPen’s hour long debate on the VFM Framework. Unsurprisingly, it was one of our best attended events. Surprisingly, we heard not just from Des but other … Continue reading

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The two choices open to Laura Trott over CDC

In a recent blog I argue that the latest consultation on CDC will not get off the ground. It assumes that CDC has employer support and it assumes that DWP can run multi-employer schemes and decumulation arrangements through TPR’s CDC … Continue reading

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