Tag Archives: Financial services
The soft underbelly of master trusts
Many master trusts are absolutely rotten – they are not fit for purpose. Lots of advisers are using them as a back door way of bringing in commission, dressed up as high governance charges. The words of Barnett Waddingham’s … Continue reading
Posted in accountants, advice gap, auto-enrolment, pensions, Pensions Regulator
Tagged auto enrolment, charges, DWP, Employment, Financial services, governance, Government, master trust, National Employment Savings Trust, Retirement, soft underbelly, The Pensions Regulator, trust, underbelly
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A transparent press is an honest press.
The “Breaking News” in Britain’s financial press is that City AM is tearing down the divide between editorial and advertising and giving the people who pay for their site, the chance to run a section of their (digital) paper. Running … Continue reading
Posted in pensions
Tagged City AM, Employment, Financial services, Financial Times, ft, journalism, Pay-wall, Transparency
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Who’s afraid of auto-enrolment?
Despite the dire warnings – not that many UK employers New research from workplace pensions provider NOW: Pensions reveals that UK small firms are relatively relaxed about auto enrolment and the introduction of the National Living Wage with concerns focussed … Continue reading
Posted in auto-enrolment, NEST, pensions, Pensions Regulator
Tagged auto enrolment, Business, Employment, Financial services, fines, NEST, Payroll, penalty notice, pension playpen, Retirement, Workie
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True Potential for a good IGC report.
A little tardy (but not as tardy as fellow auto-enrolment SIPP, Intelligent money, True Potential has produced its IGC report, you can read it here. You would have to be good at web navigation and persevering, to find it. I … Continue reading
Posted in governance, IGC, pensions
Tagged Brian Shearing, Business, Financial services, IGC, Impulse Save, pension playpen, pensions, Retirement, SIPP, true potential, workplace pension
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The “troubled” generation
It’s not my phrase, infact it’s TPAS’ Michelle Cracknell’s phrase but I guess it applies to me. I’m 54 and according to everything I’ve been told for the past 30 years, it should be time to retire. I am … Continue reading
Posted in pensions
Tagged CDC, Drawdown, Employment, Financial services, IFA, Michelle Cracknell, pension, pension playpen, pensions, Pensions Wise, Retire, Retirement, TPAS, Wealth
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Getting a proper pension guidance service?
What’s happened to Pension Wise? After all the secrecy and the consultations and the big reveal – the sum impact on our nation’s financial awareness appears hard to measure, as in “hard to discern”. Looking at TPAS’ latest stats, the nation’s … Continue reading
Show me the money!
My magic money machine Last week I (twice) had the satisfying experience of lugging my piggy bank down to Metro Bank and entering the contents into the Magic Money Machine. My cash was exchanged for a chit (see below) which … Continue reading
Posted in auto-enrolment, Bankers, pensions
Tagged Business, Dogs Rule, Financial services, Magic Money Machine, Metro Bank, pension playpen, pensions, Retirement, Saving
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What do we mean by Independent Financial Education?
This is an article that my firm First Actuarial have been sending to their clients. It’s so clear and simple, I thought I’d share it. Of course we’ll be sending it to Andy Haldane at the Bank of England! What … Continue reading
Rebuilding the social capital of pensions.
I’ve been reading Andy Haldane’s recent speech and kick off with this one statement among many good insights. “A plausible objective of public policy..is not to maximise trust among consumers of financial services but to maximise trustworthiness among its … Continue reading
Posted in pensions
Tagged Andy Haldane, Bank of England, Banking, BOE, Financial services, pension playpen, pensions, social capital, social identity, social purpose, trust
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