Tag Archives: Financial services
A Treasury that criticises regulators for not taking risk?
I am not a regular reader of Investment Week but maybe I should have. Here is the former pensions minister, now City Minister, telling an audience that they should stop sitting on their and their clients money and putting it … Continue reading
Posted in pensions
Tagged Business, DWP, Emma Reynolds, Employment, Financial services, Government, HM Treasury, pension, Treasury
3 Comments
Ten years on and the DB to DC transfer turns sour.
In 2016 I started writing about transferring pensions to wealth management firms including old fashioned personal pensions but mainly self invested personal pensions. There were some smart people arguing that taking a transfer value back then was good news personally … Continue reading
Posted in pensions
Tagged advice, annuity, BSPS, dc pensions, Financial services, LCP, pension, Pensions, Steve Webb, Tax, Transfer
4 Comments
DC VFM = the value of pension for the money saved.
I think the scale program instigated by Government to get DC plans “valuable” is the wrong measure. I’d like to say why. Government can achieve its aim of VFM for DC schemes better. Government needs to start thinking of VFM … Continue reading
Posted in pensions
Tagged advice, AgeWage, auto enrolment, corporate risk, DWP, Financial services, National Employment Savings Trust, Pension new, Pensions, Retirement, Steve Webb, TPR
2 Comments
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
3 Comments
Field called our DB pensions “an economic miracle”….Reeves knows why
At 11.30 am on a Sunday morning, Mark Kleinman of Sky News disturbed the sermon with this news. The Sky article was quickly followed by one from the FT, with Mary and George Parker referencing Sky’s coverage at 5pm … Continue reading
Posted in pensions
Tagged Business, Defined benefit pension plan, DWP, Employment, Financial services, pension, Pension new, Pensions, politics, Retirement
11 Comments
Everything , everywhere – all at once – is the carrot the stick?
Too much stick and not enough carrot and the donkey won’t move on. When the carrot turns on you with a stick, it gets confusing. I feel confused and that is the problem with the general public. We are tired … Continue reading
Comparing the asset allocation of global pension systems
William Wright and James Thornhill – September 2024 Analysis of investment in domestic equities and of home bias by pension funds in the UK and around the world This report highlights that UK pension funds have a significantly lower absolute … Continue reading
Posted in pensions
Tagged Business, Defined benefit pension plan, Financial services, Pensions
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Are IFAs overserved?
I read that Standard Life has pulled back from providing a fresh platform for IFAs after a review concluded the traditional provider platform space is ‘very well served’. Independent financial advisers are served through software that offers them a load of … Continue reading
When it comes to pensions – we don’t know what we’re doing.
TPT’s survey of its DC membership makes for predictably depressing reading (reporting from Professional Pensions) Nearly half of defined contribution (DC) savers on the verge of retirement are unaware as to how they will access their pension savings, according to … Continue reading
Posted in pensions
Tagged Business, DWP, Financial services, Government, pension, Pension new, Pension Regulator, Pensions
1 Comment
“Show some bloody compassion!” Martin Lewis – a friend to the poor.
It’s time to call out these comments. When I started my career, the BBC called a programme I went on, about debt crisis “Hey Big Spender” – I objected. The biggest cause of debt crisis was change of circumstance. Since … Continue reading
Posted in pensions
Tagged AgeWage, Business, DWP, Employment, Financial services, Martin Lewis, pension, Steve Webb
2 Comments