Tag Archives: MAS

A single guidance service

The simple idea of merging the functions of The Pension Advisory Service, Money Advice Service and Pensions Wise under a single “Guidance” banner makes a lot of sense. It acknowledges that the current situation is working too well and supposes … Continue reading

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Hey Treasury – leave TPAS alone!

  Along with the consultation on the Financial Advice Market Review, the Treasury sneaked out another consultation this week on publicly funded financial guidance. The term “Public financial guidance” has the kind of resonance offered by “public convenience” – it … Continue reading

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The tone from the top

Take a close look at the photo above, it’s taken from a Morningstar conference yesterday. The gentleman on the left is asking the question, the women on the right are listening and the gents on the right – well – they’re … Continue reading

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MAS goes it alone to provide an “at retirement advisor directory”.

The Money Advice Service has been consulting over the past few months on what a Directory of IFAs might look like. This consultation was spurred by the imminent launch of the Guidance Guarantee which will generate requests for financial advice. … Continue reading

Posted in Money Advice Service, pension playpen, pensions | Tagged , , , , , , , , , , , , , , , , , | 1 Comment

How do I buy financial advice?

At two recent events – (the Corporate Adviser Summit and the Investment Network), Advisors have told me that they choose clients not by “minimum fee” but by “minimum funds”. This sets my alarm bell ringing! If you want to see … Continue reading

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What’s that coming over the hill…? NAPF CDC DEBATE #Fail

  The NAPF CDC Debate The debate on how we organise our retirement incomes from our pension savings was not progressed at the NAPF’s CDC focussed pension connections meeting last night. A half filled room witnessing a debate between two “Pale … Continue reading

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The NHS may hold the keys to Guidance

  I’m indebted to KPMG research for this excellent piece of research. If you didn’t click the link, here is the text of an article entitled “Can patients get the information they need”. Patients need information that is often very … Continue reading

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If we can provide health screening – we can provide pension guidance

  Organising the Guidance Guarantee is a daunting task but it is no more daunting than many public welfare initiatives. Each year the NHS screens and advises millions of us on a variety of health issues. From STDs to Breast … Continue reading

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10 things we’d see in Monday’s Guidance Guarantee!

  Tomorrow (Monday 21st July), the Government will announce how it intends to deliver the guidance guaranteed to those reaching state pension age. We want an independent process that helps people  take decisions rather than telling people what to do. We can’t … Continue reading

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“The predictable alternative to drawdown”

  “Drawdown scares me”. It scares me because I am on my own, it scares me because I get a bumpy ride and most of all it scares me because I know that if I drawdown at a minute of … Continue reading

Posted in advice gap, CDC, FCA, Financial Conduct Authority, FSA, pensions | Tagged , , , , , , , , , , , , , , , , , , | 3 Comments