Tag Archives: IA
What’s the Long Term Asset Fund and will it work?
The ‘Long Term Asset Fund’ (LTAF) will be launched within the year to provide long term alternative and innovative investments. I’m quoting here from a paper send by my Swedish friend Per Andelius and written by the lawyers CMS The … Continue reading
Posted in pensions
Tagged AgeWage, auto enrolment, Con Keating, dc pensions, IA, Nessie, Treasury
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The impact of NDAs on pension outcomes
NDAs (non disclosure agreements), have been much in the news in the past week. The government says it will crack down on the use of workplace “gagging clauses” to cover up allegations of harassment, discrimination and assault. Many businesses use … Continue reading
Posted in actuaries, advice gap, pensions
Tagged charges, CMA, IA, IMA, pensions, value, Value for Money, VFM
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Open pensions – not closed meetings!
In advance of an expected announcement on the pensions dashboard on Monday, Frank Field has published a letter to Guy Opperman and his Work and Pensions Select Committee and has published the findings of a round table with the “pension … Continue reading
Posted in Dashboard, dc pensions, pensions
Tagged ABI, AgeWage, Amber Rudd, Dashboard, Frank Field, Guy Opperman, IA, open pensions, pensions, PLSA
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Pensions “Shock and Awe”
Next week looks like being a big one for Pensions with the Pensions Minister summoning the dasboardistas to Westminster on Monday morning for the big reveal. This meeting is scheduled to last an hour and will mean I will be … Continue reading
Posted in alvin hall, pensions
Tagged ABI, Costs and charges, Frank Field, IA, lipkin, meech, pensions, PLSA, Transparency, Work and Pensions
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Who owns “value for money”?
News from the stalwart Bob Ward that the FCA has dropped the term “value for money” came as a bombshell to participants in yesterday’s Pension Play Pen lunch. Since it’s about the only term left in the financial services … Continue reading
Posted in auto-enrolment, pensions
Tagged FCA, IA, IGC, Investment Association, pension, Value for Money, VFM
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The Loch Ness Monster is back (in fact it never went away!)
If you didn’t hear last night’s Radio 4 documentary “the Transparency Detectives”, you can listen to it here. It’s a great piece of work and no praise is to high for Lesley Curwen and her team who tackle the subject … Continue reading
Posted in actuaries, advice gap, IGC, investment, pensions
Tagged IA, Investment Association, Loch Ness Monster, Nessie
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Britain leading the way (at last)
The balance of regulatory geo-politics has changed (did I really write that!) I guess most baby boomers like me grew up thinking that (at least in matters financial), Britain could look to America for progressive policy and practice. This is no … Continue reading
Posted in advice gap, Big Government, customer service, pensions
Tagged Brevin Frank, chris sier, FCA, Hedge Funds, IA, Investment Association, pensions, Transparency, Transparency Task Force
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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
Posted in advice gap, consultant, corporate governance, pensions
Tagged Asset management, Consultant, FCA, ft, Funds, IA, Investment Association, investment consultant
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Cost disclosure now! No more workplace pension NDAs!
Following Julius Pursaill’s excellent piece on value for money yesterday, I’m following up with some practical thoughts. The blog yesterday triggered a meeting with an IGC chair who probed me on the vfm scoring system that has been troubling me … Continue reading
Posted in pensions
Tagged disclosure, FCA, IA, IGC, Julius Purssaill, NDA, Transparency, trustee
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Fund cost disclosure, arrived on Friday – and it’s here to stay. L&G IGC report- 2017
We are now well in to the IGC reporting season, where Independent Governance Committees tell us how well the insurers they oversee are behaving. I had had low expectations going into this round, 11 of the key insurers had spent … Continue reading