Tag Archives: FCA

We are losing women leaders- will we also lose TPAS?


Going, going, gone – from public policy. At one point in 2015, we had a female pensions minister, MAS was run by a woman, tPR was about to be run by a woman, the FCA,  PLSA and NEST were run … Continue reading

Posted in advice gap, pensions | Tagged , , , , , , , , | 4 Comments

“Fund pays”. How platforms hide the bills till it’s too late.


I published a blog over the weekend , which is rather better for the comments it’s attracted. Indeed there’s an argument to read the comments and ignore the blog! The blog asked “what’s the point of platforms?”. I hadn’t expected … Continue reading

Posted in advice gap, pensions | Tagged , , , , , , , | 6 Comments

If we can’t measure CETV take up, how can we manage it?


There’s a well known phrase “if you can’t measure it, you can’t manage it”. The Government can’t measure the extent of DB transfers and I conclude that they can’t govern the transfer process until they do.     Here’s the … Continue reading

Posted in advice gap, pensions | Tagged , , , , , , | 5 Comments

Who owns “value for money”?


  News from the stalwart Bob Ward that the FCA has dropped the term “value for money” came as a bombshell to participants in yesterday’s Pension Play Pen lunch. Since it’s about the only term left in the financial services … Continue reading

Posted in auto-enrolment, pensions | Tagged , , , , , , | 1 Comment

How we get our pension pots invested responsibly.


Victoria Derbyshire’s father taught her when she made contributed to a pension, she wasn’t saving but “spending on her retirement”. The distinction is helpful in differentiating a risk-driven action- “saving” from one that promises deferred gratification- “spending”. For most people … Continue reading

Posted in pensions | Tagged , , , , | 2 Comments

Fintech must Bee for a clear purpose


I’m looking forward to a breakfast meeting at the CSFI to hear a conversation between Romi Savova and several sceptics who don’t get the Pension Bee proposition. As I’ve mentioned on this blog several times, I admire Pension Bee and … Continue reading

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Why consumers need better choices; (explaining CDC to a merchant banker)


We need to find new ways to explain CDC to a wider audience – even merchant bankers! Continue reading

Posted in CDC, pensions | Tagged , , , , , | 7 Comments

Don’t blame advisers for non-advised drawdown!


“Savers accessing the burgeoning non-advised drawdown market are failing to engage with information, investing in unsuitable investments and risking running out of money in retirement, an FCA probe has found”. – John Greenwood – Corporate Adviser. You can read the … Continue reading

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

There’s nothing democratic about genocide. FCA should stop “contingent charging” today.


The FCA have published two papers on transfers A policy paper CP 18/6 “Improving the quality of pension transfer advice and A consultation paper  CP 18/7 “advising on pension transfers”. The upshot of which is that The FCA has gone back to … Continue reading

Posted in BSPS, de-risking, Henry Tapper blog, pensions | Tagged , , , , , | 3 Comments

Are DB pensions benefiting from CETV de-risking?


  It’s a fair question for a blogger to ask. I don’t have the answer and suspect that you’d get a different reply depending on who you asked. Here are the facts According to Hymans Robertson , The total value … Continue reading

Posted in annuity, Big Government, BSPS, pensions | Tagged , , , , , , , | 1 Comment