Tag Archives: IGC

How do we use our IGCs?

Posted on February 13, 2019 by

My key words in the title are “we” and “our”. The Independent Governance Committee’s set up as a result of the failings in contact-based workplace pensions identified by the OFT, are for us – the consumer. They were not set … Continue reading →

Posted in IGC, pensions | Tagged , , , , , | 1 Comment

FCA to tame the drawdown bucking bronco!

Posted on January 29, 2019 by

  Yesterday was a good news day for people concerned about retirement income. The FCA made two meaningful statements on what it intends to do to help ordinary people trying to manage their in retirement finances. The first was the … Continue reading →

Posted in advice gap, corporate governance, FCA, pensions | Tagged , , , , , , , , , | 5 Comments

Did I get “value for money” from my workplace pension

Posted on November 13, 2018 by

  Am I getting value for money from my workplace pension? is a different question to Did I get value for money from my workplace pension? the difference is more than one of present and past tense. The first question … Continue reading →

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By the time I get to Phoenix

Posted on August 24, 2018 by

Glen Campbell’s masterpiece is the musing of a man who has left his woman a note on the door – explaining he’s leaving. Each verse tracks his journey through Phoenix, Albuquerque and beyond and how he imagines she’ll wake up … Continue reading →

Posted in pensions | Tagged , , , , , | 5 Comments

Do IGC’s improve our value for money?

Posted on August 9, 2018 by

This is the 7th and penultimate blog , addressing the Work & Pensions Select Committee’s questions on pension transparency. This time the exam question is Are Independent Governance Committees effective in driving value for money? My short answer is that … Continue reading →

Posted in pensions, WPC | Tagged , , , , , , , , | 1 Comment

How important is investment transparency to savers?

Posted on August 8, 2018 by

  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 →

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How can savers be encouraged to engage with their savings?

Posted on August 8, 2018 by

  This is the 4th of eight blogs considering the questions put to us by the Work and Pensions Select Committee. Today’s exam question… How can savers be encouraged to engage with their savings? Quick answer; either we can convince … Continue reading →

Posted in auto-enrolment, pensions, WPC | Tagged , , , , , , , , | 7 Comments

Workplace pensions – value for money?

Posted on August 7, 2018 by

  This is the second of eight blogs answering the questions set out in the Work and Pension Select’s inquiry into transparency in pensions. The idea is that this blog, together with comments from anyone who chooses, will go to … Continue reading →

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Time for workplace pensions to raise their game! Invest responsibly or lose our trust!

Posted on June 9, 2018 by

Here are some sad truths about the way that auto-enrolment workplace pension providers manage your money. Recent research by Ignite UK suggests that we expect fund managers to manage responsibly. If this is the case, people are not having their … Continue reading →

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Who owns “value for money”?

Posted on May 15, 2018 by

  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 , , , , , , | 1 Comment