Tag Archives: seal clubbing
Are investment platforms “seal-clubbing” customers in cash?
The capacity of collectives to bulk individual accounts and get better returns is what drives “economies of scale”. But who benefits from such bulking is a matter for debate. The FCA are reported to be looking again at the testy … Continue reading
Buying a pension with my workplace pension pot – why not?
In this article, I look back to the bad old days when people who didn’t choose got “clubbed” by insurers . I look forward to a system that ensures everyone gets a reasonable pension for their savings , whether they … Continue reading
Prudential’s seal-clubbers still at large
Back in 2011 I wrote about seal culling. Seal culling;- the practice among financial institutions of providing sub-standard products to existing customers rather than treating them fairly and ensuring they are made properly aware of alternatives. Have you been culled? To answer that question … Continue reading
Posted in pensions
Tagged annuities, pensions, retirement line, seal clubbing, seal culling
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