Tag Archives: pensions

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

What does SJP “sacking” Woodford mean?

Posted on June 7, 2019 by

“HL removed Woodford from its Wealth 50 but did not force sell the funds as SJP has.” But this shows a fundamental misunderstanding of how SJP (costly restricted funds) and HL (costly self-select platform) work! https://t.co/6eQoSKNK0T — Alistair Cunningham (@Cunningham_UK) … Continue reading →

Posted in FCA, governance, pensions | Tagged , , , , , , , | 10 Comments

Herding , Woodford and platforms

Posted on June 6, 2019 by

Adam Norris , the genius behind much of Hargreaves Lansdown’s success told me how he switched money in bulk from Equitable Life onto the HL platform. He read the society’s rules and discovered that as an Equitable policyholder, he was … Continue reading →

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

Millennial fightback

Posted on June 4, 2019 by

The greatest current threat to motor manufacturers is that people no longer want to drive. The second biggest threat is that people no longer want to own a car. That’s the message that comes loud and clear from an article … Continue reading →

Posted in actuaries, advice gap, pensions | Tagged , , , , , , , | 7 Comments

Impact investing – follow your heart!

Posted on June 3, 2019 by

Putting your money where your heart is. I’m pleased to hear that steps are being taken to research the best opportunities for savers to make a difference with their money. Whether this is the voluntary saving we do into ISAs … Continue reading →

Posted in pensions | Tagged , , , | 4 Comments

Thoughts on Jo Grady’s letter to the Trinity dons

Posted on June 1, 2019 by

Here’s Jo Grady’s open letter and I think it’s worth some thinking about. Trinity College Cambridge, the one who’s Great Court is supposed to feature in Chariots of Fire, is rich. It is rich because of endowments given to it … Continue reading →

Posted in pensions | Tagged , , , | 2 Comments

Pension Income’s best kept secret

Posted on May 30, 2019 by

Did you know that when you buy an annuity you can change your mind? No? Well neither did I. I thought that once you handed your money over to an insurer that it was it, an income for life with … Continue reading →

Posted in annuity, pensions | Tagged , , , , | 4 Comments

Risk-taking , ground-breaking academics in our universities

Posted on May 28, 2019 by

I have been impressed by the way academics , through their unions, took on university employers and the received wisdom of the pension industry and refused to let their defined benefit scheme close to future accrual. I’m pleased that one … Continue reading →

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Retail platforms – a boat worth missing?

Posted on May 26, 2019 by

I hadn’t realised until yesterday that the FCA has a SIPP and Platform team in the Retail Investment supervision department. For most of us , the idea that we are buying into a platform when we save into a pension … Continue reading →

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