Tag Archives: jo cumbo

FCA plan to get tough on poor transfer advice

Posted on June 20, 2019 by

Two unexpected  things happened yesterday; SJP’s candidate for the “fireside chat” with the FCA – went sick (with no replacement offered) and the FCA published their market- wide data results for defined benefit transfers. Together this meant my fireside chat … Continue reading →

Posted in advice gap, age wage, pensions | Tagged , , , | 1 Comment

MPs call the conflicts of contingent charging

Posted on May 20, 2019 by

FCA under renewed pressure from MPs to ban contingent charging for #pensions advice https://t.co/ET5dOtTcKI — Josephine Cumbo (@JosephineCumbo) May 16, 2019 This is good news. The pressure on the FCA to ban contingent charging for pension advice must continue. Because … Continue reading →

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Doctor heal thyself? Where do NHSPS members get help on their pensions?

Posted on March 31, 2019 by

    Listeners to Paul Lewis’ MoneyBox were treated yesterday to a lively debatebetween Jo Cumbo , John Ralfe and Paul Lewis. While interpretations of the problems facing the NHS and in particular the NHS pension scheme and its membership … Continue reading →

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

Get up, stand up, for your pension rights

Posted on March 7, 2019 by

      Josephine Cumbo has written an important blog in Pensions Expert. If you aren’t registered to see the article, I urge you to do so. Access to the article is free and it pretty well sums up my … Continue reading →

Posted in advice gap, pensions | Tagged , , , , | 1 Comment

BSPS – is the “dam breaking”

Posted on March 3, 2019 by

The imagination of Al Rush is stirred by deeds of the RAF so I smiled to see this Facebook post. Being on the other side of the planet, I had not picked up on this press release from the FCA. … Continue reading →

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

“We want freedom and choice and we want simplification too”.

Posted on February 23, 2019 by

Pensions. Tax. Benefits. Each over-complex. When combined: lethal. We shouldn’t blame pension freedoms for the mistakes caused by governments’ habit of making everything too complicated. We want freedom and choice and we want simplification too. — Stuart Fowler (@fowlerdrew) February … Continue reading →

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Pension dashboard stitch-up exposed!

Posted on February 16, 2019 by

I find myself the horns of a dilemma. I violently disagree with the ABI, Origo and at least two of the big master trusts. In particular I disagree with People’s Pension, who normally I agree with and Gregg McClymont- one … Continue reading →

Posted in age wage, Dashboard, pensions | Tagged , , , , , | 2 Comments

Trustees and transfers

Posted on February 9, 2019 by

Jo Cumbo’s article in Pensions Expert on contingent charging takes a dim view of trustee behaviour to date. Her idea that advice to stay in a DB scheme could be paid for by docking the original pension has got some … Continue reading →

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

At work and after – how independent do we want to be?

Posted on November 1, 2018 by

Inequality over an occupational life-course is reflected in retirement. https://t.co/T6ahUk7350 — Jo Grady (@DrJoGrady) November 1, 2018 This seems to me very sound. Jo Cumbo rightly reports the gender pension  gap in retirement while Jo Grady concludes that pensions reflect pay and … Continue reading →

Posted in pensions | Tagged , , , , , , | 4 Comments

Will “DC deficits” become a thing of the past?

Posted on October 11, 2018 by

News of HMRC’s “change of position” with regards the “net-pay- anomaly” is welcome, and long overdue. It came in the form of a letter sent in response to a request from respected journalist Jo Cumbo of the FT. Govt to … Continue reading →

Posted in advice gap, annuity, auto-enrolment, pension playpen, pensions | Tagged , , , , , , | 2 Comments