Tag Archives: Technology

Auto-enrolment; a national exercise in trust.


I like to tease Jo Cumbo that she can trust no-one because of her heritage! This blatantly xenophobic comment is based on a British prejudice that Australians find compulsion acceptable as compliance is in the blood. A second prejudice, that … Continue reading

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Our pen-tech free pension picnic!


    “It is one thing for a company to know my vacation shopping patterns or what media I like; it is another for them to access my entire financial history, including my investments” So Rana Foroohar wraps up an … Continue reading

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What’s Hillsborough got to do with it? WPC, pensions and Transparency


This was the question on the lips of several members of the public gallery as they left the Work and Pensions Select Committee evidence session which you can watch here . If you have an FT subscription you can read … Continue reading

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Who are the 200,000 people petitioning for the pensions dashboard?


  It won’t be long till 38 degrees’ campaign to save the pensions dashboard hits its target of 200,00. Today, the campaign was given a boost by publicity in the Financial Times by the ever-excellent Jo Cumbo. The FT’s headline … Continue reading

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Why every hidden cost matters.


Value recognised A lot has been made about the hidden charges of running a fund over the past ten years. Over this time there have been two high profile campaigns to bring them into the open. In the retail space, … Continue reading

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Fund managers that plead ignorance- display indolence.


    “Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds’ March year-end statements, according to Lane Clark & Peacock (LCP) research”. (Professional Pensions) Hiring an asset … Continue reading

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Back in the bubble – how the pension industry feeds itself (but no-one else)


Looking back over the headlines in the trade press, I read a depressing litany of stories about the industry feeding itself. Aegon says it has deep pockets (to compensate financial advisers). It’s chief executive calls its life company (the once … Continue reading

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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

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Do IGC’s improve our value for money?


This is the 7th and penultimate blog , addressing the Work & Pensions Select Committee’s questions on pension transparency. This time the exam question is Are Independent Governance Committees effective in driving value for money? My short answer is that … Continue reading

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Investing can now be “free” – here’s how.


I was sitting in a room of a leading asset manager yesterday listening to the yada yada. I’d needlessly put myself under a non-disclosure agreement but it was clear that there was no real news, so I thought I’d mention … Continue reading

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