"prefers to compare the returns with a liability proxy (a mixture of gilt maturities)" Are those Index-Linked gilts, given that…
I agree the major problem with DC is that it has been designed as a savings plan not to provide…
Oh, and I think this confusion leading to DB being viewed as a pot by members is an unintended consequence…
I think the FT critic has fundamentally misunderstood what DB schemes are designed to do and how they differ from…
Tag Archives: Hargreaves Lansdown
The problem with platforms (is that everyone loves them).
Platforms are a relatively new but significant and growing distribution channel. The platform service provider market has doubled since 2013 from £250bn to £500bnassets under administration (AUA). This growth in AUA has been driven by rising markets and increasing levels … Continue reading
Posted in pensions
Tagged Boring Money, Drawdown, FCA, Hargreaves Lansdown, LaingCat, pensions, platforms, SIPP, St James Place, Vanguard
3 Comments
How important is investment transparency to savers?
This is the 5th of a series of eight blogs addressing the eight questions posed by the WPC. Today’s exam question is How important is investment transparency to savers? A short answer is ” a lot more important than most … Continue reading
Posted in advice gap, pensions, WPC
Tagged chris sier, Fidelity, Hargreaves Lansdown, IGC, pensions, Transparency
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Must we remain in darkness about our retirement money?
The two comments on this thread from David and Matt, show the two ways that pots could follow member. David’s solution is the solution that Hargreaves Lansdown want our Government to adopt. Matt points out that it could force … Continue reading
Posted in advice gap, Payroll, pensions
Tagged Hargreaves Lansdown, Malcolio, Payroll, pensions, Pythagorous, workplace Pensions
2 Comments
AE Pots must follow workers (Hargreaves Lansdown’s right)
I have just read a policy paper in my hand from Hargreaves Lansdown; “Putting Individuals at the Heart of the Pension System”. After some pretty dire submissions to the Work and Pensions Committee on CDC, I hadn’t thought to agree with … Continue reading
Posted in auto-enrolment, pensions
Tagged AE, BASDA, Bond, Hargreaves Lansdown, NEST, PAPDIS, Qtac, Sage, Star, workplace Pensions, Xero
4 Comments
SJP policyholders deserve an IGC. They have a great GAA – but that’s not enough!
St James Place is one of Britain’s largest financial institutions, it is a FTSE 100 company with 2017 revenues of over £9bn. It is therefore surprising that its exposure to workplace pensions is so limited that it does not need … Continue reading
Posted in IGC, pensions
Tagged GAA, Hargreaves Lansdown, IGC, pensions, SIPP, SJP, wealth management
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Nothing wrong with being contrarian – the Hargreaves Lansdown 2018 IGC report
There’s a compelling logic to the HL IGC Chair’s introduction Since they all relate to value for money for scheme members, our findings and progress are set out in the following analysis of value for money. Value for Money is … Continue reading
Posted in pensions
Tagged Hargreaves Lansdown, HL, IGC, pensions, workplace Pensions
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Kevin Wesbroom rebuts Hargreaves Lansdown’s rubbishing of CDC
Hot on the heels of Kevin’s rebuttal of CIDC, here are his comments on Hargreaves Lansdown’s submission to the Work and Pensions select Committee. Kevin is writing in his capacity as a consultant for Aon. His comments are in … Continue reading
Too late Chancellor – that ship has sailed!
If I were a cynical editor looking for a story to focus on, I would look no further than speculation on the autumn statement. Yesterday the Telegraph floated a story, purportedly a leak from #10, that the Chancellor was … Continue reading
Posted in advice gap, pensions
Tagged Hammond, Hargreaves Lansdown, momentum, pensions, Politics, social media, tax relief, Tim Jones
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“Pot follows member”? Who are you kidding? Pension Bee blows the lid on DC transfers.
We’ve had fuss about how hard it is to move your bank account, we’ve had fuss about how hard it is to switch utility supplier, but how hard is it to merge your pension accounts so that your pot follows … Continue reading
Posted in advice gap, pensions
Tagged conoslidation, Hargreaves Lansdown, Pension Bee, pension playpen, platform, Pot follows member, Transfer
2 Comments
Who wins from platforms?
I enjoyed reading the FCA’s Terms of Reference for its Platform Market Study, it posed many questions and I’m looking forward to the answers. Few investors properly understand what platforms are , what they do and how much they … Continue reading
Posted in advice gap, pensions
Tagged advice, Equitable Life, FCA, Hargreaves Lansdown, non-advised, platforms, platforum
6 Comments
Scheme actuaries use a nominal gilt yield curve, which they assert directly matches the currency and inflation exposure of those…