Tag Archives: ft

Frank Field letter to the FT on pension freedoms


Folly of granting total pension freedom is now becoming all too clear This is Frank Field’s letter to the FT , published October 28th. In the context of the Work and Pension Select Committee’s  current examination of pension freedoms, it needs … Continue reading

Posted in pensions | Tagged , , , , , | 8 Comments

TPR- the price of pensions can fall as well as rise.


The Pensions Regulator appears to have forgotten one of the fundamental laws of gravity-  “what goes up, must come down”. In consumer finance this translates into “the value of investments can fall as well as rise” and in the case of the … Continue reading

Posted in Bankers, pensions | Tagged , , , , , | 10 Comments

Aren’t Employer and Union’s interests aligned at USS?


  Adrian Boulding has left a comment on yesterday’s blog that is rather better than the blog itself. As I am on the last day of my holiday in Paris, I will blog the comment and add a few thoughts … Continue reading

Posted in advice gap, DWP, pensions | Tagged , , , , , , | 3 Comments

Merryn is right, we should expect more from workplace pensions.


This blog is a sharp rap across the knuckles to the providers of workplace pensions whose “member propositions” are woeful. Coward that I am, I have to ride shotgun on the coach and horses driven by Merryn Somerset-Webb in the … Continue reading

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So who IS accountable for your pension returns?


  The little I can remember of my O level maths was the dictum “show your working”. It is a primitive call for what we call an “audit trail”, allowing the marker to find out how wrong you were or … Continue reading

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Fund managers -Norma Cohen is still watching!


  The great British financial journalist Norma Cohen rarely publishes in the FT these days, when she does, it is to great effect. This week she published a quiet and thoughtful piece on the impact MIFID II is having on … Continue reading

Posted in Blogging, David Pitt-Watson, economics, journalism, pensions | Tagged , , , , , , , , | 3 Comments

Is the mood music on DB transfers changing?


The irrational exuberance that characterised the FT’s pension transfer seminar in the spring may have marked a high-water mark in the rush to liberate. Martin Woolf and Merryn Somerset-Webb urged us to take our pension in our own hands (or … Continue reading

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John Kay – practical solutions to the FCA’s problems – please!


Passive management must be valued In a lukewarm response to the FCA’s Asset Management Market study, John Kaye comments.  Greater transparency of charges will do little harm, but will also make little difference. Those customers who do focus on price … Continue reading

Posted in advice gap, pensions, workplace pensions | Tagged , , , , | 1 Comment

A make or break week for UK investors


Are fund managers the new bankers? If you’ve read the excellent  (draft) FCA Asset Management Market Study, you’d be forgiven to think they were – (and that investment consultants were their knowing flunkies). The question now is how far the FCA … Continue reading

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Get us baby-boomers back to work!


  The photo is of two college friends who had a full page splash in this weekend’s Sunday Times. Alison, was born a few days before me and we were at College together, Matthew met her at Mckinsey in the … Continue reading

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