Tag Archives: pensions

One life – one retirement – two regulators

Posted on June 26, 2019 by

Yesterday’s Pension and Benefits UK conference kicked off with consecutive speech’s from TPR CEO Charles Counsell and the FCA’s Edwyn Schooling Latter. Counsell delivered a staid and unambitious rehearsal of tPR’s agenda and frankly I was bored. Schooling Latter spoke … Continue reading →

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

New research shows BSPS transfers driven by fear not greed.

Posted on June 24, 2019 by

  I have on my google drive a piece of research conducted by one of my friends – a steelworker himself – who was one of the main pillars of support for steelworkers faced with the hard choice of whether … Continue reading →

Posted in BSPS, pensions | Tagged , , , | 5 Comments

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

How proactive do we want the FCA?

Posted on June 19, 2019 by

We get the regulators we deserve. It’s no use us whingeing that we have a reactive regulator if we demand a free market without interventions. But when there is evidence of malfeasance, we demand our regulators are quick off the … Continue reading →

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

The Four Trillion pound lifeboat for (some) British Pensioners.

Posted on June 18, 2019 by

I was in Westminster last night for drinks on the terrace watching politicians lining up to tell their in-jokes about the Conservative party leadership contest. The jokes weren’t very funny and even if they were, I couldn’t tell you them … Continue reading →

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

The good in gating.

Posted on June 17, 2019 by

  The wonder of the gating of the Woodford Equity Income Fund is that it happened in peacetime. There is no financial storm, the crisis is as random of the fall of Icarus in Breughel’s famous painting. There’s no doubt … Continue reading →

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

What is going on at MAPS?

Posted on June 12, 2019 by

I want MAPS to succeed. It needs an experienced person as its CEO who understands pensions. Here’s MAPS’ news as  Pension Age presents it. The Money and Pensions Service (Maps) chief executive officer, John Govett, has resigned eight months into … Continue reading →

Posted in MAPS, pensions | Tagged , , , , , , , , , | 1 Comment

Why I’m on FIRE! (saved enough to stop work)

Posted on June 11, 2019 by

      I’m 57 and I can choose to go to work or not – I’ve got enough and I keep on working because I love it, not because I have to. I got here through luck (being in … Continue reading →

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

Time for us to get a grip on later life!

Posted on June 10, 2019 by

The FCA’s financial lives survey is now over two years old and due an update. This great piece of work was marshalled by Jo Hill who is now a Trustee at the Pensions Regulator. It is worth me reminding myself … Continue reading →

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

Michelle Cracknell CBE

Posted on June 9, 2019 by

    Michelle Cracknell has been awarded a CBE It was announced on a Saturday as part of the Queen’s birthday honours. She is trying to make out it was for TPAS, but the award was given and earned by … Continue reading →

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