Tag Archives: regulation

The consumer duty – another important step along the road.

There is already an instrument in place that determines value for money – it is called the free market. If a client feels they are not getting value for the product or service they are paying for, they go somewhere … Continue reading

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2022’s the year for lawyers to stop moaning

  I’ve just read Pension Expert’s lengthy article  “2022-Lawyers-call-for-regulatory-pension-pause“. Rather than a pause in legislation, I’d like to see a pause in moaning – and a focus on simplifying the pension system by focusing on consolidation I have little sympathy … Continue reading

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The prospect of fair, sufficient and sustainable pensions; miracle or mirage?

In a very short time , Pension PlayPen’s coffee mornings have achieved a regular following of 100 or so pension professionals, keen to hear and share views on critical pension issues. Steve Goddard has assembled a group of Pension All … Continue reading

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The mess we’re in (pt.1) and how we got here.

Iain  Clacher and Con Keating Since their heyday in the 1990s, UK occupational DB schemes have been winding up at a rate of about one every two days. Their replacement, DC schemes, are a poor substitute; they are tax-advantaged savings … Continue reading

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From PS20-06 to the dashboard; – can the FCA pull it off?

  Amidst the noise of the ban on contingent charging, the FCA published a long and detailed Policy Statement PS20-06 For the most part, the FCA is concerned with people safeguarding their rights to promised benefits wherever they may come … Continue reading

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Regulator fines Regulator

Robin Ellison has too refined a mind and too fine a writing style, for his thoughts to be left languishing on Linked in. Not since the days of John Quarrell has there been such a dissenting voice, speaking against  the  … Continue reading

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L&G ‘s IGC ratings fall with a sorry 2017 Chair’s report.

Legal and General has published its third IGC report, which you can read here.. Overall rating VFM – Red Engagement – Amber Effectiveness – Amber   Value for Money It doesn’t get off to a very good start, giving us … Continue reading

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“What’s the purpose of a pension scheme?” – Con Keating

  Con Keating argues in this piece that pension schemes aspire to “self-sufficiency”, giving them the status of  insurance companies. His thinking centres on what claims we have on schemes if the covenant to fund these schemes is lost. His conclusions … Continue reading

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Falling out of love with the market.

  The most startling thing about the conservative manifesto is that it advocates Government intervention as a way of improving those just about managing in Britain. This is a very different approach to that of previous Governments that relied on competition within markets. From labour markets, through energy, telecoms and pharma to financial services, the […]

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Falling out of love with the market.

  The most startling thing about the conservative manifesto is that it advocates Government intervention as a way of improving those just about managing in Britain. This is a very different approach to that of previous Governments that relied on … Continue reading

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