Tag Archives: FCA

Royal London IGC report – a welcome shift in focus

Royal London are (as usual), the first IGC to report. They have been kind and sent me the Chair’s Statement which saves me searching. But it’s easy to track down here The IGC has delivered a really interesting read which … Continue reading

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Shouldn’t pensions “stay at home”?

Should we stop transfers for the next 6 months?   Yields are down, markets are down, has there ever been such a time to transfer your pension rights? That’s what many people may be thinking and if you were a … Continue reading

Posted in advice gap, age wage, FCA, Financial Conduct Authority, pensions, Pensions Regulator | Tagged , , , , , | 2 Comments

A radically simple solution to dashboard delivery.

Pension Bee has produced two important papers in the past week. The first is its response to the FCA’s call for input on Open Finance The second is yesterday’s public  call to action to bring open pensions as part of … Continue reading

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Are employers able to “know their workplace pension”?

Are employers the provider’s clients? In financial services, the client is the entity that takes the decisions on where the money goes. Whether we define “money” as “pension contributions” or “fees paid”, the employer is seen as the client. It … Continue reading

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“If you want a do-it-all dashboard – you’ll have to wait a decade”.

Speaking at an AgeWage/FDATA event last night, Romi Savova told a packed house that the MAPS dashboard could do little more than find people’s pensions with the detailed information we need to take decisions on our pots delivered off-dashboard via … Continue reading

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Who will patrol the investment pathways?

  Investment pathways are the big idea to help those getting to 55 and with pension freedom in sight. From August, people will be presented with four paths for their money. One takes them to a point when they can … Continue reading

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“Asleep at the wheel” The Millers catalogue our regulatory woes.

Campaigner Gina Miller is asking for an  Independent Review of the Appointment of the Next Governor of the Bank of England and the FCA in the Face of a Catalogue of Regulatory Failures Leading to Catastrophic Consumer Detriment The True … Continue reading

Posted in FCA, Financial Conduct Authority, pensions | Tagged , , , , , , , | 3 Comments

Let’s not slide back into the swamp!

After what they must consider a “decent period”, the insurers and the bankers have reappeared from the slimy depths like Grendel out to wreak revenge on consumers protected too long by Europe. The insurance and pensions industry is calling for … Continue reading

Posted in Bankers, Big Government, Brexit, pensions | Tagged , , , , , , , , | 1 Comment

Are small DC pension schemes in the member interest?

Trustees vote for their own demise There hasn’t been much comment on social media about the Pension Regulator’s consultation response on the future of trusteeship. This is in marked contrast to what TPR reports as a record 114 written responses … Continue reading

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Workplace GPPs, incompetence not governance drives policy.

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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