Tag Archives: FCA

The FCA move on insurance company funds.

Posted on September 30, 2019 by

  The FCA have produced some important findings on Unit Linked Fund Governance as a follow up to their Asset Management Market Study (PS18/8) – AKA – AMMS This paper is important as it goes to the heart of the … Continue reading →

Posted in advice gap, age wage, Force for Good, pensions | Tagged , , , , , | Leave a comment

Should DC investment strategy be driven by pot size?

Posted on September 28, 2019 by

The FCA’s latest market data was published last week and it’s highlighted trends that I’ve been identifying on this blog for a few months. Just over 645,000 pension plans were accessed to buy an annuity, move into drawdown or take … Continue reading →

Posted in advice gap, age wage, consolidation, pensions | Tagged , , , , | 2 Comments

What price certainty? (Boring blog on annuities and drawdown)

Posted on August 31, 2019 by

In financial matters, certainty comes at a price. Is it a price that I’m prepared to pay? I’ve been putting myself in the shoes of a friend who is around the same age as me (57) and is hoping to … Continue reading →

Posted in advice gap, age wage, pensions | Tagged , , , , , | 2 Comments

Judge rules that people matter (shock)

Posted on August 20, 2019 by

What does that do to the buyout market? — andrew young (@glesgabrighton) August 19, 2019 Adrian is right, Andrew is barking up the wrong tree! The issue here is not “what does this mean for the bulk annuity market, but … Continue reading →

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

When advice sits behind a paywall.,,,

Posted on August 8, 2019 by

One of the many pleasures of it being summer is that I have time to contribute to newspapers. I searched myself on the Times website and found out I’ve been contributing to their articles at a rate of one a … Continue reading →

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

Transfers + workplace pensions;- RU64 2.0

Posted on July 30, 2019 by

Have a look at chapter 4 of CP 19-25   Ongoing conflicts of interest We are proposing strengthening our existing requirements that advisers giving pension transfer advice should consider an available workplace pension as a receiving scheme for a transfer … Continue reading →

Posted in advice gap, age wage, FCA, pensions | Tagged , , | 2 Comments

The DC Trust – a pension appendix

Posted on July 14, 2019 by

The appendix Nobody knows exactly why we have an appendix, but removing it isn’t harmful. Appendicitis typically starts with a pain in the middle of your tummy (abdomen) that may come and go. (NHS inform). I feel much the same about … Continue reading →

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

One life – one retirement – two regulators

Posted on June 26, 2019 by

Yesterday’s Pension and Benefits UK conference kicked off with consecutive speech’s from TPR CEO Charles Counsell and the FCA’s Edwyn Schooling Latter. Counsell delivered a staid and unambitious rehearsal of tPR’s agenda and frankly I was bored. Schooling Latter spoke … Continue reading →

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

How proactive do we want the FCA?

Posted on June 19, 2019 by

We get the regulators we deserve. It’s no use us whingeing that we have a reactive regulator if we demand a free market without interventions. But when there is evidence of malfeasance, we demand our regulators are quick off the … Continue reading →

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

Time for us to get a grip on later life!

Posted on June 10, 2019 by

The FCA’s financial lives survey is now over two years old and due an update. This great piece of work was marshalled by Jo Hill who is now a Trustee at the Pensions Regulator. It is worth me reminding myself … Continue reading →

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