Tag Archives: Funds

Why do we need funds?

James Coney, formerly of the Daily Mail and now of the Times is a campaigning journalist who says it as he sees it- and that’s refreshingly transparent He is asking in an article the question that’s in the title of … Continue reading

Posted in pensions | Tagged , , , , | Leave a comment

What does SJP “sacking” Woodford mean?

“HL removed Woodford from its Wealth 50 but did not force sell the funds as SJP has.” But this shows a fundamental misunderstanding of how SJP (costly restricted funds) and HL (costly self-select platform) work! https://t.co/6eQoSKNK0T — Alistair Cunningham (@Cunningham_UK) … Continue reading

Posted in FCA, governance, pensions | Tagged , , , , , , , | 10 Comments

Championing better funds – well done Chris Sier

And last but by no means least our 2019 industry champions are … #PIPA2019 @SierChris @margaretsnowdon pic.twitter.com/ImeRIye3Tr — Pensions Expert (@pensions_expert) May 15, 2019 It’s good to see Chris get this award and see him in his kilt Congratulations to … Continue reading

Posted in advice gap, FCA, pensions | Tagged , , , , , | Leave a comment

“Smiling at delinquents”; how we prevail over fund ignorance and indolence

I had one of those moments just now, when a whole load of things came together and I saw the wood for the trees. My Eureka moment? I was reading an FCA document , the Packaged Retail and Insurance-based Investment Products … Continue reading

Posted in advice gap, pensions, Pensions Regulator | Tagged , , , , , , , , , | Leave a comment

Why funds should be free!

My friend Robin Powell has produced a series of disruptive info graphics around comments he’s garnered following Fidelity’s announcement of “free funds”. He’s also written a good blog on the subject. Of course “free funds” is a disruptive idea and … Continue reading

Posted in advice gap, hedge funds, pensions | Tagged , , , , , , , | Leave a comment

It’s not just IFAs that should be livid!

Here is the note I wrote when I read New Model Advisers report On why FSCS cannot determine its current levy (uncertainty over Strand Capital) On why FSCS has to unravel its past compensation (uncertainty over Arch Cru) Today (Jan … Continue reading

Posted in accountants, advice gap, FCA, governance, pensions | Tagged , , , , , , | 1 Comment

“The belly of the beast” – Con Keating and the Investment Association

Con Keating is not everybody’s cup of tea, but he’s mine – especially when he’s after  transparency. This shows him with a timely warning to those who think leaving transparency in the hands of the Investment Association is a good … Continue reading

Posted in actuaries, advice gap, pensions | Tagged , , , , | 2 Comments

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

Posted in pensions | Tagged , , , , | Leave a comment

“Investment advisory fees up 14%” -why?

  Can someone explain what is meant by an investment advisory fee in this context? The report appears in Financial Planning Today which describes itself as the daily news website for Financial Planners, Paraplanners and Wealth Managers. The article doesn’t mention … Continue reading

Posted in advice gap, pensions | Tagged , , , , , , , , , , | 2 Comments

How do you annoy a wealth manager?

Question; how do you annoy a wealth manager? Answer; ask him about his fund supermarket.   It may offend your local wealth manager (aka IFA) but that’s what Reuters call these funds platforms the FCA are investigating and if you believe Platforum, … Continue reading

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