Tag Archives: Transparency
“What next!?” @NEST
Maybe it’s because I’m still in India and have been mysticised, but I cannot believe that NEST’s most recent announcement has not caused a major outcry. I am not talking about the shelving of NEST’s plan to be a provider … Continue reading
People’s Pension admits undisclosed charge-hike.
Last week I published an article “Power to the People”, calling on People’s pension to tell their members what their asset managers were charging for stock lending on trustee’s assets. People’s Pension has responded with a comment on that blog. … Continue reading
A triumph for “transparency” – the FCA’s Market Study
“Where costs are less transparent, we have identified some specific examples where firms place less emphasis on controlling them” FCA Asset management Market Study 7.54 (p135) Yesterday I wrote about the savage treatment meeted out to Investment Consultants in the … Continue reading
Power to the people (now we’re taking the risk).
If the People’s Pension , is really the people’s pension, why aren’t the people who are members being told what they are paying for membership? For some months, I have been saying privately to the management and Trustees of … Continue reading
Posted in advice gap, auto-enrolment, pensions
Tagged B&CE, corporate governance, Funds governance, IGC, Index tracker, People's Pension, SSGA, State Street, stock lending, Transparency
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Value for money – we have won a battle not a war.
The FCA Consultation Paper CP16/30″Transaction cost disclosure in workplace pensions” is a very good piece of work and allows IGCs and Trustees to know what their members are paying to have their pension pots managed. It unlocks one of the … Continue reading
Posted in pensions
Tagged Carpe Diem, Conference, Conservative, CP16/30, Technology, Theresa May, Transparency, TTF
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PENSIONS TRANSPARENCY REACHES PARLIAMENT
Lux in tenebris The roof leaks, the walls are crumbling but the House of Commons is still the seat of British Government. Andy Agethangelou has used the momentum he and his team have built up to set up a Transparency … Continue reading
Posted in Bankers, Candy Crunch, pensions
Tagged AMNT, Andy Agethangelou, chris sier, CIPP, pension, pension playpen, pensions, Tom Turgendhaut, Transparency, Transparency Task Force, TTF
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Con Keating on the Investment Association, Transparency and the Overton Window
Regular readers will be aware of my views on independent oversight of fund costs and charges. To me it’s critical to a reliable measure for Value for Money; without knowing we are getting value for money, how can we have … Continue reading
Posted in pensions
Tagged Con Keating, costs, Costs and charges, Overton window, pension, pensions, Prison, reputation, Transparency, Transparency Task Force, TTF
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What kind of transparency would that be- Sir?
This from the BBC MPs on the Energy Committee have written to the new business secretary to demand no change to the current rules on price comparison websites. As part of its recent report on the energy market, the Competition … Continue reading
Posted in pensions
Tagged Comparison sites, Investment Association, regulation, Transparency, Transparency Task Force
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Playing the personality card
Of all the financial myths that remain unchallenged, the myth of personality is least challenged and most lethal. For it allows the congregation of expert panels/committees/boards – stuffed with perceived “personality” to validate all manner of iniquities. For those personalities … Continue reading
Tactical transparency from the Investment Association
Professional Pensions reports that the Investment Association (IA) have appointed senior pension figures to advise the it on a new disclosure code for investment costs. Helen Morrisey, the paper’s editor is optimistic I’m sure the process will be challenging but … Continue reading
Posted in pensions
Tagged Business, Daniel Godfrey, DWP, FCA, IA, Investment Association, pension, TPR, Transaction costs, Transparency, Transparency Task Force, Treasury
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