Tag Archives: Money

Taking back control of our retirement savings.

Pensions have long been seen to have an image problem. Ever since I started selling s226 policies in the early eighties I have heard them described as a rip-off. When you look behind that complaint you get to the frustration. … Continue reading

Posted in pensions | Tagged , , , , , , , , | Leave a comment

TPR/FCA and Government – shining light on value for money

TPR’s Corporate Plan  for the next three years is for the most part solid and uncontroversial. Where it extends beyond the 2020 plan is in a long section on value for money which I have quoted in full below. The … Continue reading

Posted in pensions | Tagged , , , , , , | 2 Comments

Death by discount rates

Q: When is a million dollars not a million dollars? A: When it is not yet a million dollars. The pensions business is all about the long term. Fund managers like me are responsible for ensuring we have sufficient funds … Continue reading

Posted in de-risking, defined ambition, pensions | Tagged , , , , , , , , , , , , | 11 Comments

For workplace pensions value for money means……..

    One of the questions in the FCA’s consultation on value for money is whether its definition is ok or whether we can find a better one. This is our definition Pension value for money’s measured by the amount … Continue reading

Posted in pensions, Value for Money | Tagged , , , , , , , | Leave a comment

Aviva’s IGC – more effective than its report suggests

Aviva’s IGC has turned up and you can preview it here (it launches properly Monday) It’s available as  a PDF  you can download here or you can read a digital version Having read both, I’d suggest that the PDF works … Continue reading

Posted in advice gap, age wage, auto-enrolment, IGC, pensions | Tagged , , , , , , , | Leave a comment

The price of everything , the value of nothing.

Knowing the price of investment management does not mean you know its value. Unfortunately the outcome of an investment can only be known retrospectively. Turning this on its head, past performance may not be a guide to a future , … Continue reading

Posted in advice gap, age wage, pensions | Tagged , , , , , | Leave a comment

Mr Field – you want a common measure for value for money? I’ve got one!

In the Work and Pension Select Committee’s report on pension transparency, one demand has caught the imagination of the pension community You can read Kim Kaveh’s excellent article here. Professional Pensions ran the question on its Pension Buzz survey and … Continue reading

Posted in advice gap, pensions | Tagged , , , , , , , , | 9 Comments

Young people thinking about money

I’ve been asked to pontificate on how we should make pensions relevant for the young, in 750 words. My audience won’t be young and nor am I. In every sense of the word, this is a paternalistic project. If I’m … Continue reading

Posted in advice gap, age wage, pensions | Tagged , , , , , | Leave a comment

Simplifying pensions with AgeWage

A number of people have asked about “AgeWage”, so I thought to write an article introducing it and why I and our management team are so excited about what it will do. A good business plan should start with a … Continue reading

Posted in age wage, pensions | Tagged , , , , , , , | Leave a comment

Helping older people with money

  I’m pleased to see the FCA publishing a paper on the particular problems older people  have with financial services, I haven’t read it all , only the summary (which I can summarise as the paper does)! The summary rightly … Continue reading

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