Tag Archives: pensions

The “wonder” of wealth


As Dr Chris Sier entered the Corinthia Hotel on Wednesday, en route to a cup of tea with the AgeWage management team, he noticed a gentleman handing over his Bentley keys  to the doorman, with a fifty pound note as a tip . … Continue reading

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Stop scamming – by giving people better choice.


I’m a fan of Government intervening to stop scamming. It’s good that the FT on.ft.com/2P1VT5c  and BBC are reporting “SCAMSMART” the FCA’s new initiative to stop scamming. But this intervention has to be accompanied by positive action from the private sector. People … Continue reading

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The problem with platforms (is that everyone loves them).


Platforms are a relatively new but significant and growing distribution channel. The platform service provider market has doubled since 2013 from £250bn to £500bnassets under administration (AUA). This growth in AUA has been driven by rising markets and increasing levels … Continue reading

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What do we do with pension good news?


. Despite taking on pension schemes from employers including Carillion, Toys R Us and Hoover, with deficits totalling £1.2 billion – the highest total value to date, the PPF’s funding position has strengthened. The PPF has reported a continued growth … Continue reading

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“All based on FE” – 120 seconds of Ralfey trip-hop


John Ralfe is a very clever man. He is a Financial Economist. What he says and does is “all based on FE”. His brain is so big and his beard so perfectly cut that he has spawned a RalfeBot. RalfeBot is his … Continue reading

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Do pension customers get value for money from financial advisers?


This is the last of eight blogs I’ve written in response to the Work and Pensions Select Committee’s inquiry into Pension Transparency. Today’s exam question is “Do pension customers get value for money from financial advisers?” and the quick answer … Continue reading

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Do IGC’s improve our value for money?


This is the 7th and penultimate blog , addressing the Work & Pensions Select Committee’s questions on pension transparency. This time the exam question is Are Independent Governance Committees effective in driving value for money? My short answer is that … Continue reading

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How important is investment transparency to savers?


  This is the 5th of a series of eight blogs addressing the eight questions posed by the WPC. Today’s exam question is How important is investment transparency to savers? A short answer is ” a lot more important than most … Continue reading

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Should we be empowering consumers or regulating providers?


  Well we’re on to question three – all the proposed eight blogs  will be sent to WPC as our evidence – when I mean “our”- I mean mine – and the thoughts of anyone who cares to comment. So here’s this morning’s exam … Continue reading

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Opacity pays! Shock revelation from Pension PlayPen lunch


In a top-secret pension playpen lunch – details of which have been leaked to the Pension Plowman –  key industry figures agreed that opacity pays! Despite the WPC call for responses to its transparency paper, the secretive group are understood to … Continue reading

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