Tag Archives: MAPS
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
1 Comment
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
Leave a comment
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
Leave a comment
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
1 Comment
Is MaPS creating a UK Financial Wellbeing Movement?
At this time of crisis , we need to be deploying our resources to meet the immediate needs of our customers and MaPS should be no different Continue reading
Posted in age wage, pensions
Tagged advice, annuity, auto enrolment, Business, debt, Debt management plan, DWP, MAPS, Pensions
2 Comments
This General Levy hike is a tax on the poorest savers – are they getting VFM?
The PLSA are on the money here. The General Levy will end up being paid for by ordinary savers of large workplace pensions . NEST has 7.5m of them, Peoples Pension has 4.5m NOW has 2m of them , Smart … Continue reading
Posted in age wage, pensions
Tagged general levy, MAPS, pensions, Stephen Timms, Work and Pensions Select Committee
1 Comment
Will MAPS “Challenge Groups” challenge?
I am “delighted” to say I am not part of the Money and Pensions latest strategic initiative and have not been invited to lead or join any of their new challenge groups as detailed on their website. I don’t think … Continue reading
Posted in MAPS, Money Advice Service, pensions, TPAS
Tagged challenge, LTC, MAPS, MAS, Money and Pensions Service, pensions, TPAS
Leave a comment
What is MAPS doing for the elderly poor?
Why don’t those poor and old claim their benefits? It’s benefits not savings that top up the in retirement income of millions of British citizens, but the amount of time devoted to benefit take-up (as compared to savings rates) is … Continue reading
Posted in advice gap, age wage, pensions
Tagged MAPS, Pension Credit, pensions, state pensions, Universal Credit
2 Comments
Why delays in dashboard delivery hit the worst-off hardest
This blog looks at how the information from the pensions dashboard could help those on low incomes with low savings and it focusses not on how they save, but how they spend their savings. I had hoped , following … Continue reading
Posted in advice gap, age wage, DWP, MAPS, pensions
Tagged Dashboard, Gareth Morgan, MAPS, open finance, Pension Dashboard, pensions
1 Comment
What is MAPS actually going to do over the next 10 years?
I haven’t got a lot to say about MAPS’ UK Strategy for Financial Wellbeing – published yesterday. Having read it , I’m not sure how it is going to help me as a person, business owner as part of British … Continue reading