Tag Archives: Transfer
What journey’s best in the pension end-game?
I wanted this morning to explain a discussion that’s going on between experts about what has gone on between Stagecoach and Aberdeen over the Stagecoach pension trust. I couldn’t do that without explaining to a lot of people who think … Continue reading
Posted in pensions
Tagged Aberdeen, Bob Compton, Derek scott, Discussion, Edi Truell, Pensions, Stagecoach, Transfer
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Ten years on and the DB to DC transfer turns sour.
In 2016 I started writing about transferring pensions to wealth management firms including old fashioned personal pensions but mainly self invested personal pensions. There were some smart people arguing that taking a transfer value back then was good news personally … Continue reading
Posted in pensions
Tagged advice, annuity, BSPS, dc pensions, Financial services, LCP, pension, Pensions, Steve Webb, Tax, Transfer
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Transfer values fall out of bed (pt. 94)
Take one The fall of 7% over May was due to a further increase in gilt yields and a further fall in long-term inflation expectations, despite the continued current high inflation rates, it said. In April it was £232,000, … Continue reading
Run on or buy-out – Hymans think outside the box
One of the wonders of the post Covid world has been the rise of the webinar and the sharing of IP by the pension fraternity. No consultant has done more in this space than Hymans Robinson and it is greatly … Continue reading
Pension transfer times are getting longer , how can this (pension) be?
I am a fan of Pension Bee. I visited their new offices in Southwark yesterday, I was shown into the post room, apparently they get a special delivery every day, so much mail needs to be scanned from the pension … Continue reading
Posted in pensions
Tagged ABI, Guy Opperman, Origo, Pension Bee, Pensions, PLSA, Transfer
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Putting “transfer” in employer’s heads
Since 2012, the industry has self regulated pension transfer exercises where employers offer staff a financial incentive, to quit good quality schemes. Industry leaders are now calling for the Govt to intervene after saying self-regulation is failing https://t.co/sSwvLQG94A — Josephine … Continue reading
If we can’t measure CETV take up, how can we manage it?
There’s a well known phrase “if you can’t measure it, you can’t manage it”. The Government can’t measure the extent of DB transfers and I conclude that they can’t govern the transfer process until they do. Here’s the … Continue reading
Posted in advice gap, pensions
Tagged CETV, FCA, ft, pensions, professional pensions, TPR, Transfer
5 Comments
The CMA and IDWG are looking for the right grubs under the wrong stones.
The Competition and Markets Authority has produced the first of a series of working papers (only 90 pages) looking at the buy-side of institutional intermediation (e.g. what happens between buying an asset and the return the customer gets). “The evidence reviewed … Continue reading
Posted in advice gap, brand, BSPS, pensions
Tagged CETV, chris sier, CMA, IDWG, James Baxter, pensions, Port Talbot, Tideway, Transfer
2 Comments
Probably the best watched pension video ever
How did a pension company who nobody’s ever heard of create a pension video that’s had 25,000 views in two days? Here’s how; the company’s Pension Bee, the subject “how to transfer your pension away from Aegon” “It’s your money, … Continue reading
“Transparency” needs to do some work.
I worry the work on transparency is hypothetical – that it lacks practical application – that it has no immediate value to the consumer. But then I think of the conversations I’ve been having with consumers – these past four … Continue reading
Posted in BSPS, pensions
Tagged BSPS, CETV, Outsourcing, pension, Prufund, Transfer, TVAS
6 Comments