Tag Archives: Insurance
Labour’s drawdown cap – right idea- wrong execution
Labour is calling for a cap on drawdown charges from April 2015. It is easy to see why. Currently there is a false market for drawdown with many customers paying as much as 4% pa for the management of their … Continue reading
Posted in drawdown, DWP, pensions, Retirement
Tagged Business, CAP, dc pensions, de-risking, Employment, Gregg, Gregg McClymont, Insurance, Labour, Labour policy, Pension Drawdown, Pension new, pensions, Retirement, Steve Webb
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Cass calls on fund managers to be paid on results.
Dr Nick Motson of Cass Business School has issued another broadside at the funds industry who have been dilatory at best in responding to consumer pressure to better align its fees to the value it brings to consumers. … Continue reading
Posted in accountants, advice gap, David Pitt-Watson, dc pensions, pension playpen, pensions
Tagged advice, Business, charges, costs, dc pensions, de-risking, Employment, Fees, fund management, Funds, IMA, Insurance, Justin, Pension new, pensions, Retirement, Transaction costs
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Does Generation X really trust the Internet?
I laugh at my Mum who goes to Shaftesbury library to find out what to do. She’s 84 and you’d have thought she’d have learned how to use an iphone by now. I mean my 17 year old kid … Continue reading
Posted in advice gap, Martin Lewis, pension playpen
Tagged advice, Business, de-risking, digital, digital advice, Employment, Financial services, Government, Human Resources, Insurance, Martin Lewis, Paul Lewis, pension, Ros Altmann
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How to pay a consultant.
Why this is on my mind Today I’m speaking at a conference for pension consultants which is supposed to be exploring the opportunities for them and for their clients. Looking at their agenda, there is an obvious issue missing “how … Continue reading
Posted in accountants, consultant, pensions, reward
Tagged Actuarial science, Business, Consultant, Employment, Feedback, Insurance, Investing, Pay, pensions, Retirement, reward, United States
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Tiny steps towards better DC outcomes- #CASummit14
Having spent 36 hours in the company of Life Co “strategists” and their counterparts in the IFA and EBC communities, I can now try and make sense of where “heads are at”. The mood has changed. Two years ago, the … Continue reading
Posted in advice gap, annuity, auto-enrolment, dc pensions, pensions, Retirement
Tagged Actuarial science, Business, CDC, corporate governance, dc pensions, Employment, FCA, governance, IGC, Insurance, Insurer, National Employment Savings Trust, Pension new, pension playpen, Provider, Retirement, Tiny steps, workplace pension
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“My pension offer” – explaining CDC to a confused public!
John Ralfe has been expressing his frustration that none of the CDC champions have made him a two page offer to tell him what a CDC pension offer might look like. I’ve not done this yet, partly because I’ve been … Continue reading
Posted in advice gap, auto-enrolment, CDC, pensions, with-profits, workplace pensions
Tagged annuities, Business, Business and Economy, CDC, collective, DC Defined Contributions, Defined benefit pension plan, Drawdown, DWP, Employment, Financial services, flexible drawdown, Flumps, Government, Human Resources, Insurance, NEST, pension, Pension Regulator, pensions, Retirement
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Telling it like it is – a Jamaican perspective on annuities
Following on from a recent article on annuities, I’ve got some interesting feedback, including a remarkable post on the Pension Play Pen linked-In group from Magdalena Cooper de Neuze who is an insurance broker in Jamaica I hope that those who … Continue reading
Posted in advice gap, annuity, pensions
Tagged annuity, broker, Insurance, Jamaica, pension
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“Savers who cash in their pensions face charges of up to 20%”
I repeat the Daily Mail’s headline which is absolutely accurate. I am glad that they did not use the word “penalties” as this implies a non-contractual lock-in being imposed by insurers. This is not what is happening. Insurers are … Continue reading
“Open Government isn’t an idea, it’s an action”
When you walk into the DWP’s offices in Westminster, you are greeted with a montage of Male, Pale and Stale mug-shots of politicians and permanent secretaries who are the DWP’s big wigs. Very 1980s – very Sir Humphrey! But that’s … Continue reading
Posted in pensions
Tagged Business, corporate governance, dc pensions, Defined benefit pension plan, DWP, Employment, Financial services, Insurance, Investing, Investment management, male, MPS, pale, stale, tea mugs
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We must party – it’s in our DNA!
Tonight it’s the Pension Play Pen party and well over 100 people have put their name on the guest list! If you haven’t worry not- there are still several hours to tell us you’re coming and heh! -mention you read … Continue reading
Posted in pensions
Tagged DNA, Employment, Financial services, Fun, Insurance, Party, pension, Pension new, pension playpen
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