Tag Archives: RDR
Vertically integrated mastertrusts? – “my arse!”
Pardon my Scouse! I throw Mick Royle at Mercer’s master trust (and the incipient Aon Hewitt master trust). “Vertical integration” is where the supply chain of a company is owned by that company. Mercer have set up a master trust where they … Continue reading
Posted in actuaries, advice gap, pensions, Retail Distribution Review
Tagged Aon, Commission, Consultancy Charge, Mastertrust, Mercer, RDR, Vertical integration
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Why we don’t need to fear a pension “advice gap”.
Last night it was the House of Lords, this morning it was a Parliamentary Select Committee. Both were concerned that an “advice gap” has been created that will mean poor people do not get financial advice on retirement planning. The argument goes that … Continue reading
The New Dawn Fades (for IFAs)
For twenty five years we have been sold the need for independent financial advice. I was an IFA once and never for a moment reckoned I was offering independent advice – one product looked pretty much like another and if product … Continue reading
Insurers at war
You’d have thought that the “last men standing”, the insurers – Zurich, Friends,Scottish Widows and Standard Life and the asset managers Blackrock, HSBC and Fidelity (themselves trading as insurers) would now concentrate on the serious business of filling the gap left by the collapse in DB accrual. However they have bigger ideas.
A case study in the best (and worst) of Linkedin.
Linked in attracts the best and worst of human behaviours- here are both!!! Continue reading
RDR- GPPs and advice
IFAs have a job to do in providing workplace advice but it’s not in selling people the idea of joining their company’s group personal pension.
DC pricing- the fund manager’s dilemma
And some insurance companies woke up to price constraints and the stupid ones soldiered on till they became extinct Continue reading
Posted in dc pensions, Liability Driven Investment
Tagged dc pensions, DGF, LDI, Liability Driven Investment, RDR, stakeholder, STP, Target dated funds
2 Comments