Tag Archives: FCA
Former FCA Chair, Randell on the regulators we ask for
Charles Randell published this in linked in yesterday and wants it published on this blog. A group of us are meeting next week to get beyond “vibes and tribes” and I hope that this former Chair of the FCA … Continue reading
Posted in pensions
Tagged Alughter and May, Charles Randell, FCA, parliament, Pensions, TPR
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You can’t wait for Reeves tomorrow? PM Starmer on Pensions tonight..
A press release has been issued by the Prime Minister’s office. Here it is. So you thought that pensions were a quiet backwater? Think again. If you were waiting for Rachel Reeves growth speech on Wednesday, you’ve missed the point. … Continue reading
Posted in pensions
Tagged Business, corporate governance, corporate risk, Defined benefit pension plan, DWP, FCA, Financial services, Investment, Pensions, Reeves, Starmer
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A formal response to the FCA’s Value For Money Framework.
CP24/16: The Value for Money Framework This response comes from AgeWage , Pension PlayPen and Pension SuperHaven. Collectively we are looking for members to get better outcomes through bigger pots and better pensions. It is also my personal response. … Continue reading
Posted in age wage, dc pensions, pension playpen, Retirement
Tagged AgeWage, FCA, pension playpen, Pitch
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Why is the FCA demanding detailed asset allocation reporting from GPPs?
Occupying 5 pages of a 120 page consultation, chapter 5 of the FCA’s VFM report is odd. Though the FCA will require disclosures from contract based providers – on how defaults are invested, these disclosures will not form part of … Continue reading
Widows’ provocative report on our retirement needs
Pension Age (and others) report that its research found a disconnect between what people want from their retirement income and what products they are actually choosing. In particular, the survey found that while 80 per cent of people wanted a … Continue reading
Posted in pensions
Tagged after work, Emma Watkins, FCA, Peter Glancy, Scottish Widows, TPR
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Should the FCA alert the public to advisors they suspect of fraud?
Henry Tapper’s response to FCA’s CP24/2. I have been recently authorised by the FCA as a SMF1 and 3, have run my own firm and been authorised by the FSA and numerous predecessors since A Day in 1987. I have … Continue reading
Dashboards – just do them!
Due to my being a “devil” on a conference on innovation , I wasn’t able to attend the pension dashboard forum on May 1st and I’m grateful that they have shared the slides of the day with me as if … Continue reading
FCA rule change causes dashboard data scare!
This is why the FCA’s COBS rulebook is so long This is a blog about rules and how you cannot regulate for everything. It’s about writing rules against imaginary risks rather than working on the basis of trust. It’s about … Continue reading
FCA offers steelworkers £150 compensation for their loss of redress
It has been six years and four months since Frank Field wrote this letter to Megan Butler at the FCA. Following evidence on the British Steel Pension Scheme (BSPS) in Parliament in November , the Work and Pensions Committee wrote … Continue reading
Three lessons from the FCA’s retirement income market data
My analysis of this data leads me to three behavioural insights People are concerned about “net cash” – not “gross before tax” People want control and ownership People prioritise today’s cashflow needs over a wage for life The data published … Continue reading