Tag Archives: Financial adviser
The solid value of insurance
“The people I talk to full into one of two categories, either you’ve built up some money and want to hang onto it, or you are looking to .” That was our opening gambit when we met with prospects. I … Continue reading
The RDR has scotch’d the snake not killed it!
the FSA has “scotched the snake not killed it”. Continue reading
Why we don’t need to fear a pension “advice gap”.
Last night it was the House of Lords, this morning it was a Parliamentary Select Committee. Both were concerned that an “advice gap” has been created that will mean poor people do not get financial advice on retirement planning. The argument goes that … Continue reading
The New Dawn Fades (for IFAs)
For twenty five years we have been sold the need for independent financial advice. I was an IFA once and never for a moment reckoned I was offering independent advice – one product looked pretty much like another and if product … Continue reading
Advice in the workplace is 20% cheaper
I’m grateful to Paul Taylor of McCarthy Taylor for an excellent article on the current VAT treatment on the provision of free standing versus product related advice. His point is that when advice is linked to a VAT exempt product, the product can be used … Continue reading
Don’t tell me what to do – give me advice!
In a recent polldaddy poll I asked whether people would pay for advice to get information, find out their options or to be told what to do. 60% of people wanted options , 30% wanted to be told what to do and 10% … Continue reading
Posted in corporate governance, customer service, dc pensions, de-risking, pensions, Retail Distribution Review, Retirement
Tagged Actuarial science, Business, finance, Financial adviser, Financial services, Financial Services Authority, Independent Financial Adviser, Institute and Faculty of Actuaries, National Employment Savings Trust, pension
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Why pay for advice? Take the poll!
[polldaddy poll=5703072] This is a question that troubles me – not surprising as I’m a pensions adviser who reckons his job is to get people to the point when they can manage their pension affairs by themselves. If advisory self sufficiency is … Continue reading
Posted in corporate governance, dc pensions, NEST, pension playpen, pensions, Retail Distribution Review, Retirement, social media
Tagged Actuary, Employment, Financial adviser, Financial services, Government, Little Boys, National Employment Savings Trust, pension, Retirement, Technical support, Time immemorial, WB Yeats, Yeovil Saturday
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Alan Higham’s open letter to Steve Webb
There is a simple solution worth trying to the persistent problem of people wasting billions of pension savings each year at retirement. Continue reading
DWP – Do some Work for your Pensions.
Higham said it was a ‘disgrace’ and asked the DWP for an explanation but said he had not received a satisfactory answer. Continue reading
Posted in annuity, Church of England, dc pensions, de-risking, Facebook, Martin Lewis, pension playpen, pensions, Retirement
Tagged Alan Higham, DWP, Financial adviser, Financial Services Authority, gordon brown, Greeks, National Employment Savings Trust, Open Market Option, pension, Ros Altmann
4 Comments
Perverse incentives; Sexycash or prudent pension?
The problem we all face when we are asked to choose between cash or pension is very complicated. It is possible to put a cash price on a pound’s worth of pension but that’s just the beginning of the story. … Continue reading
Posted in annuity, corporate governance, customer service, dc pensions, de-risking, mallowstreet, NEST, pension playpen, pensions, Retail Distribution Review, Retirement, social media
Tagged Alan, Employment, Financial adviser, National Employment Savings Trust, pension, Pension Protection Fund, Retirement, Steve Webb, trustee
13 Comments