Tag Archives: transfers

Is the mood music on DB transfers changing?

Posted on July 22, 2017 by henry tapper

The irrational exuberance that characterised the FT’s pension transfer seminar in the spring may have marked a high-water mark in the rush to liberate. Martin Woolf and Merryn Somerset-Webb urged us to take our pension in our own hands (or … Continue reading →

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Doing our own laundry.

Posted on June 25, 2017 by henry tapper

Travelling across south London on a bus, early on a Sunday morning, I can talk to and listen to people who I don’t come across at work. I ask a West Indian nurse what she thinks of her pension, at … Continue reading →

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CETVs; the flight from quality

Posted on June 23, 2017 by henry tapper

Both the Times and the Financial Times report today on the anticipated voluntary withdrawals from Britain’s DB pensions through cash equivalent transfer values (CETVs). The FT, relying on Mercer as a source, estimate the withdrawals to be as much as … Continue reading →

Posted in actuaries, advice gap, pensions, Treasury | Tagged , , , , , , | 6 Comments

The Earth isn’t flat. How contingent fees can deliver the best outcome for customers – Peter Doherty

Posted on June 20, 2017 by henry tapper

“This article has been sent me by Peter Doherty, CIO of Tideway Investment Partners  It makes the case for fees for transfer advice only to be charged in the event of a completed transfer and not in the case of … Continue reading →

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Estuarial investors – running scared?

Posted on June 14, 2017 by henry tapper

  Al Rush and I are aiming for a balanced great transfer debate where the voices of all sides of the conversation will be heard. So we have stretched out the hand of friendship to the estuarial adviser and investment … Continue reading →

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The pension transfer debate can’t be left to experts!

Posted on May 28, 2017 by henry tapper

I’m a big fan of outright hostility on social media, especially if it is directed at me. I don’t rate myself as anywhere near as good as Paul Lewis – who is the master at absorbing and developing such hostility … Continue reading →

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Should we be wary of cheap financial advice?

Posted on March 24, 2017 by henry tapper

Robert Reid is a very professional IFA and  someone I like a lot. He represents IFAs and stands up for their interests in Money Marketing. His latest article argues that “cheap advice” especially cheap advice on pension transfers, is wrong. … Continue reading →

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A suffocating man craves the foulest stench.

Posted on January 20, 2017 by henry tapper

Such is the pressure on trustees and sponsors of our defined benefit schemes to appear solvent, that they welcome the transfer of their potential pensioners to “cash” as a suffocating man breathes fetid gas. It is within the capacity of … Continue reading →

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Is there really a “fail” at the Royal Mail?

Posted on January 6, 2017 by henry tapper

  The Royal Mail is consulting with its staff on closing its final salary scheme to future accrual. This is a public consultation, the Royal Mail are putting it to their staff that an increase of pension contributions to 50% … Continue reading →

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Transfer values – Con Keating sees a comedy of errors!

Posted on January 5, 2017 by henry tapper

This blog is from the pen of Con Keating     There has been a spate of requests for quotations of transfer values from DB schemes and much publicity given to some of the more public figures who have taken … Continue reading →

Posted in accountants, pensions | Tagged , , , , , | 2 Comments