Tag Archives: Tom McPhail

“Are people that dumb?” Compulsion and dashboards.

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!

    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?”

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

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Hargreaves versus the “vanilla solution”.

  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

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

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

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

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

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Help is on its way.

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

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

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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Bothered about your pension wealth?

In the past few days I’ve had some fruity exchanges with Tom McPhail of Hargreaves Lansdowne about when people should start getting interested in managing their pension pot. Tom’s view is “as soon as savings begin, mine “when you can be bothered”. Hargreaves … Continue reading

Posted in auto-enrolment, Bankers, dc pensions, Financial Education, First Actuarial, governance, hargreaves lansdowne, one pound fish, pensions | Tagged , , , , , , , | 3 Comments

Vertical disintegration

14 of the largest insurer offering pension plans have agreed to publish the true costs of the funds they off to people buying the personal and company pensions they run. These funds sit on “platforms” which provide investment administration , keep … Continue reading

Posted in auto-enrolment, David Pitt-Watson, dc pensions, hargreaves lansdowne, pensions | Tagged , , , , , , , | 17 Comments