here’s what you’ve been saying
Tag Archives: robo-advice
FCA -If you’re looking for innovation….get real!
The FCA says it has found precious little evidence of innovation from its Retirement Outcome Review. I am not surprised, judging by the people who it invites to its “workshops”, it is looking in the wrong places. It is necessary to … Continue reading
Posted in pensions
Tagged Anthony Morrow, FCA, Innovation, Michelle Cracknell, Paul Lewis, robo-advice, Romi Savova, TPAS
4 Comments
Advising the 5,000; so where are the loaves and fishes?
The mass market of people retiring over the next few years no default means to spend their money and no access to suitably priced advice. That is the conclusion of the FCA consultation on Retirement Outcomes that has just closed. … Continue reading
Posted in annuity, auto-enrolment, pensions
Tagged advice, FCA, feeding the 500, Guidance, loaves and fishes, robo-advice, TPAS
3 Comments
Should we be wary of cheap financial advice?
Robert Reid is a very professional IFA and someone I like a lot. He represents IFAs and stands up for their interests in Money Marketing. His latest article argues that “cheap advice” especially cheap advice on pension transfers, is wrong. … Continue reading
Posted in pensions
Tagged CETV, cheap, cheap advice, financial advice, Robert Reid, robo-advice, transfers
5 Comments
Advised or non advised – that is the question
Taking decisions is tough and decisions that impact the rest of your life are some of the toughest you’ll ever take. We expect the people who leave workplace pension plans to make choices between annuity, draw down or cash with only … Continue reading
Posted in pensions
Tagged advised, CDC, complex, easy, non-advised, pension, Retirement, robo-advice
5 Comments
Good retirement outcomes depend on collective solutions
The FCA have called for evidence on the likely success of our current “at retirement” strategy, this response is consistent with what this blog has been saying for some years, collective problems need collective solutions, the market is not enough, … Continue reading
Posted in CDC, David Pitt-Watson, dc pensions, defined ambition, defined aspiration, FCA, pensions
Tagged CDC, collective, Drawdown, FCA, Pension Freedoms, Pension Wise, pensions, Retirement, robo-advice, TPAS, unadvised drawdown
Leave a comment
“Just because you’ve built it”..Some home truths about robo-advice.
The problem with Alan and Gina Miller is they are right, and they say the things that the financial services industry don’t want to hear. Before the TTF was a gleam in our eye , they were proving we were … Continue reading
#PBUK ; pensions and the public
I’d walked through parliament square to get the Pension and Benefits show and thought how a few hours before Jeremy Corbyn had delighted the die-hards where I trod. I’d seen him defiant on my way back from work and … Continue reading
Robots do as they are told
The point about artificial intelligence is that it is artificial. Were we to replicate human intelligence we would have to build in the bias’ that make us ‘moral’. By moral, I mean concerned with the principles of right and wrong … Continue reading
Posted in pensions
Tagged AI, artificial intelligence, Business, Financial services, pension, pensions, robo-advice, robot
Leave a comment
GO ROBO!
The robots are here! But not in the Terminator sense. Think, rather, of Asimov’s creations. Or, for the less nerdy, Rosie from The Jetsons: benevolent machines, doing our hard work but better, faster and more reliably. Across almost all sectors, … Continue reading
Posted in pensions, Retail Distribution Review, risk
Tagged National Employment Savings Trust, pension, Pension new, pension playpen, pensons, robo, robo-advice
4 Comments
Has a robot changed advice for ever?
Below are the questions I’ve been asked to address next month at the Pension and Benefit Conference. I hope that when robots go to grammar school, they’ll be able to do a little better framing the question! The framing of the … Continue reading
Posted in pensions
Tagged advice, Business, Cameron, Cost, IFA, pensions, robo-advice, Transparency
1 Comment
