Tag Archives: SJP

Trustees and transfers

Jo Cumbo’s article in Pensions Expert on contingent charging takes a dim view of trustee behaviour to date. Her idea that advice to stay in a DB scheme could be paid for by docking the original pension has got some … Continue reading

Posted in advice gap, pensions | Tagged , , , , , , | 3 Comments

The “wonder” of wealth

As Dr Chris Sier entered the Corinthia Hotel on Wednesday, en route to a cup of tea with the AgeWage management team, he noticed a gentleman handing over his Bentley keys  to the doorman, with a fifty pound note as a tip . … Continue reading

Posted in advice gap, pensions | Tagged , , , , , , | Leave a comment

Do pension customers get value for money from financial advisers?

This is the last of eight blogs I’ve written in response to the Work and Pensions Select Committee’s inquiry into Pension Transparency. Today’s exam question is “Do pension customers get value for money from financial advisers?” and the quick answer … Continue reading

Posted in pensions, WPC | Tagged , , , , , , , , , | Leave a comment

SJP’s human shield

Will Robbins has followed up Elliot Smith’s brilliant expose of SJP’s fund profiteering by publishing the highlights of an interview with SJP’s front man – Chris Ralfe. I strongly recommend you read both pieces. What they reveal is the “ours by right” … Continue reading

Posted in advice gap, pensions | Tagged , , , , , | 5 Comments

SJPEXIT and its implications.

Reading Colin Richardson’s excellent Governance Advisory Arrangement (GAA) report on SJP, I realised just how tough it is for anyone who doesn’t work for St James Place to take any sort of decision on an SJP Pension. Here – for … Continue reading

Posted in advice gap, pensions | Tagged , , , , , | 8 Comments

SJP policyholders deserve an IGC. They have a great GAA – but that’s not enough!

St James Place is one of Britain’s largest financial institutions, it is a FTSE 100 company with 2017 revenues of over £9bn. It is therefore surprising that its exposure to workplace pensions is so limited that it does not need … Continue reading

Posted in IGC, pensions | Tagged , , , , , , | Leave a comment

“Ease of use” or “value for money”?

Paul Lewis, above all other financial journalists is the master of the 140 character tweet. Here is one of his very best, embedded in a conversation with Louise Cooper. The genius is in the “compete mainly on rhetoric and ease … Continue reading

Posted in pensions | Tagged , , , , , , , | Leave a comment