Tag Archives: Tom McPhail

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 →

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

Bothered about your pension wealth?

Posted on February 11, 2013 by

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

Posted on January 20, 2013 by

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

The toxic transfer; be wary when aggregating pensions!

Posted on October 16, 2012 by

The DWP has published new statistics that support their contention that there is more economic value in the “pot follows member” model than the “aggregate to Supertrust” model. The NAPF have of course countered and have calculated that under the aggregator … Continue reading →

Posted in annuity, auto-enrolment, dc pensions, defined aspiration, pensions | Tagged , , , , , , , | 14 Comments

The new journalists

Posted on September 1, 2012 by

We’re gearing up for the conference season whether we be journalists, delegates or the majority of us who get the highlights pumped at us through the media. Politics, business and journalism regard October as blanked out and historically those who … Continue reading →

Posted in Facebook, Henry Tapper blog, Linkedin, mallowstreet, social media, twitter | Tagged , , , , , , , | 4 Comments

The NAPF point the finger at the £1bn annuity scandal

Posted on February 5, 2012 by

The picture shows the current view of member behaviours in DC and it’s been around long enough for us to feel reasonably confident that it works . The diagram promotes investment strategies that suit the needs of the three member … Continue reading →

Posted in annuity, dc pensions, FSA, Henry Tapper blog, NEST | Tagged , , , , , , , , , | 14 Comments