-
-
Tags
Month
Post Types
Categories
Tag Archives: FCA
TPR, FCA and PPF give LDI evidence tomorrow
The Work and Pensions Committee’s Oral evidence sessions have proved the most accessible and wide-ranging of the various inquiries into what happened when LDI blew up in September and October. Tomorrow, Weds. 14th, the WPC meet again This is likely … Continue reading
What are the barriers to providing a pension dashboard service?
The organisation behind a pension dashboard (officially a Pension Dashboard Service firm or PDS) is usually considered to be a bank or insurer. The dashboard itself is conceived as a loss-leader designed to get trust – its a … Continue reading
Posted in pensions
Tagged AgeWage, Aviva, FCA, Money Hub, PDS, Pension Dashboard, TPR
Leave a comment
How joined up pension regulation can get CDC done
In pursuit of getting innovation over the line, I may have implied that the “retail CDC” product is the responsibility of the FCA. This is true , in a narrow sense, just as pooled LDI funds are in the FCA’s … Continue reading
Why are the over 50s not working so much?
Work is becoming less rewarding but more of us are getting a paycheque than ever before. People officially unemployed is falling but the number of us out of the labour market continues to rise and this is particularly amongst those … Continue reading
Posted in pensions
Tagged Business, Employment, FCA, Guy Opperman, ONS, stats, unemployment, Work
Leave a comment
Standard Life’s IGC report – too long , too angry and wrong!
Standard Life has produced a bumper 162 age IGC report – a kind of shock and awe statement from David Hare – which is issues together with IGC reports for other Phoenix insurers – Phoenix and ReAssure. They get 100 … Continue reading
Should regulators be enforcers?
Tim Thomas asked this question at a TTF seminar this lunchtime. His conclusion was they considered themselves a world-class regulator and a reluctant enforcer. From comments made by Andrew Bailey (former CEO) and Mark Steward (former head of enforcement) … Continue reading
Posted in pensions
Tagged action fraud, Al Rush, BSPS, Enforcer, FCA, Pension Life, Regulator, TPR, True and fair, TTF
2 Comments
How the FCA failed those sold Blackmore Bonds.
Last night’s excellent Panorama on the Blackmore Bond scandal, was pitched precisely to explain how ordinary savers were duped by unscrupulous fraudsters who have outwitted the FCA. What is most worrying is that the FCA were shown to have repeatedly … Continue reading
If this is (pension) freedom – I’m a banana!
“Why employees need independent advice before deciding what to do with their pension freedoms”- REBA This is the headline from a leader in REBA, the employee benefit magazine. I mention “employee benefits” with a grimace, for many benefits sold to … Continue reading
Posted in pensions
Tagged annuity, Banana, FCA, Ian Hislop, IFA, REBA, Retirement income Study
2 Comments
The cost of living crisis – and the value of small pots
This IMF chart is (rightly) getting a lot of attention given the UK figures are truly awful. But why are they so bad? Because this is what happens when you add an energy price surge onto a country with our … Continue reading
The consumer duty – another important step along the road.
There is already an instrument in place that determines value for money – it is called the free market. If a client feels they are not getting value for the product or service they are paying for, they go somewhere … Continue reading