Tag Archives: Tom McPhail

Pension incentives – a foundation for change.

Posted on February 4, 2020 by

Looking for some help on this one. I appreciate it could be both but if it’s a binary choice, which one do you go for? Thanks Is pension tax relief meant to be… — Tom McPhail (@PensionsMonkey) February 3, 2020 … Continue reading →

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Tom McPhail – “the Thunderer’s thunderer” #pensions #tax #relief

Posted on January 21, 2020 by

Sir, The government should abandon its attempts to find a quick fix to the pension allowance taper problem affecting high earners including doctors and judges (“Pension tax windfall for top earners”, Jan 16, and letter, Jan 17). The pension tax … Continue reading →

Posted in dc pensions, pensions | Tagged , , , | 3 Comments

“Are people that dumb?” Compulsion and dashboards.

Posted on September 3, 2018 by

The FT are running a story about the “pensions industry” regrouping around Plan B and doing their own dashboard. There is indeed a conference in September about this and I’d urge you to go (I hope to contribute). There is … Continue reading →

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Hargreaves Lansdown’s IGC as pretty and effective as a chocolate teapot!

Posted on April 28, 2018 by

    In 2015, David Grimes and the Hargreaves Lansdown IGC, delivered what remains the worst IGC report I have ever reviewed. Things improved considerably in 2016 but the IGC has not kicked on and I find the 2017 report … Continue reading →

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“Is it worth planning when the future’s so uncertain?”

Posted on July 5, 2017 by

Today is NEST Insight day;  it’s also TTF symposium day.  So I’ll be cycling from the City to the South Bank like Mark Cavendish (pre-crash). At the TTF event, Beccy Young and Robert Finer will be presenting the FCA Asset Management Market Study … Continue reading →

Posted in NEST, pensions | Tagged , , , , | 3 Comments

Hargreaves versus the “vanilla solution”.

Posted on May 17, 2017 by

  I was amused when opening Linked in this morning to find a pension leads salesman offering “clients who had got compensated for fault SIPP investment and were looking to adviser to provide them with a “vanilla solution”. Just what … Continue reading →

Posted in pensions | Tagged , , , , | 4 Comments

“Vantage is value” – but relative to what? Hargreaves Lansdown’s IGC report

Posted on April 18, 2017 by

I’m pleased that after a really poor first IGC report, the Hargreaves Lansdown IGC have taken producing their 2017 report, more seriously. A smooth operator If there was such a thing as a premium workplace pension, the Hargreaves Lansdown (HL) … Continue reading →

Posted in IGC, pensions | Tagged , , , , , , , | 1 Comment

Why it should always be cheapest to buy pension from the state

Posted on October 10, 2015 by

Much as I like Tom McPhail, his current campaign against the Government for selling rights to the state pension cheaper than rights to private pensions is fatuous. Tom has it in his head that the Government Actuary is setting the … Continue reading →

Posted in pensions | Tagged , , , , | 4 Comments

Help is on its way.

Posted on March 27, 2015 by

For Britain’s flummoxed pensioners- help is on its way! Continue reading →

Posted in advice gap, Pension Freedoms, pension playpen, pensions, Popcorn Pensions | Tagged , , , , , , , , , , , , , , | Leave a comment

The fine line between “patronising” and “paternal”.

Posted on November 15, 2014 by

Last week Tom Mcphail (Hargreaves Lansdown) had a go at Teresa Fritz (financial Services Consumer Council and MAS) about the need for advice. You’d expect the two to clash, FSCS and MAS are not much loved by advisers who see it as an incompetent … Continue reading →

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