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Tag Archives: MAPS
MaPS – this is not the way to buy investment pathways!
I wonder how many of the 60,000 people who each month decide they want to “get at” their pension money, are finding their way to MaPS website set up for people to understand and compare their investment pathway options (for … Continue reading
MaPS faces up to the public as “Moneyhelper”
Introducing MoneyHelper, our new consumer brand, launching from 7 June. Get ready for MoneyHelper using our responses to frequently asked questions, and follow Money and Pensions Service channels for more resources to support you to make the change. https://t.co/tscbcOYE61 pic.twitter.com/LXMHMThqXY … Continue reading
Pension Bee calls MaPS pathway tool “not fit for purpose”
A few weeks back, the Money and Pension Service(MaPS) published a comparison site to help people choose an investment pathway and then decide the best products to use when they’ve made the choice. Confusingly , the URL for the site … Continue reading
MaPS’ green blind-spot tars good drawdown guidance!
Following yesterday’s post on MaPS’ new service guiding people to pension options, I’ve seen quite a bit of feedback from providers, but no comment from consumers – it would be good if MaPS can report on the use of the … Continue reading
Has tPR just signed its own death warrant?
Today we are launching a discussion on our 15-year corporate strategy to protect the future financial wellbeing of savers. https://t.co/Cg1e3Ek6Eg #pensions pic.twitter.com/bBd9n4Eock — ThePensionsRegulator (@TPRgovuk) October 16, 2020 Note to regulator; you do not decide the news agenda, that is … Continue reading
Transferring pots is a matter for the FCA and not MAPS
BREAKING: Stephen Timms, the work & pensions select committee chair, is to push for DB schemes to be able to pause transfers to reduce the risk of savers being hit by scams. Mr Timms plans to table an ammendment to … Continue reading
Posted in advice gap, pensions
Tagged advice, FCA, Guidance, MAPS, Stephen Timms, Tim Smith
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From PS20-06 to the dashboard; – can the FCA pull it off?
Amidst the noise of the ban on contingent charging, the FCA published a long and detailed Policy Statement PS20-06 For the most part, the FCA is concerned with people safeguarding their rights to promised benefits wherever they may come … Continue reading
Posted in advice gap, age wage, Dashboard, pensions
Tagged AgeWage, Dashboard, FCA, MAPS, Origo, Pension Bee, PS20-06, regulation
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The end of furlough and what it means for pensions.
A question was asked of the DWP on April 24th filed under “Pensions: Advisory Services” To ask the Secretary of State for Work and Pensions, what discussions she has had with the Financial Conduct Authority (FCA) on when the FCA … Continue reading
Posted in advice gap, age wage, Big Government, FCA, pensions
Tagged Furlough, MAPS, MAS, pensions, TPAS, TPR
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Should we have a national wealth service?
This article was composed for TC News on the day after the Government closed down the pubs, restaurants cinemas and theatres. It’s a day after the Treasury announced that it would subsidise the wages of those ‘furloughed” by their … Continue reading
Posted in pensions
Tagged AgeWage, MAPS, national wealth service, NHS, NWS, pensions
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Can MaPS be our national wealth service?
There were two very good comments on my blog on MAPS’ recent webinar. My thrust was that MAPS is not behaving as it should and that it should be acting as the financial arm of our NHS – with acute … Continue reading
Posted in advice gap, age wage, pensions
Tagged debt, MAPS, national wealth service, pensions
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