Tag Archives: True and fair
Should regulators be enforcers?
Tim Thomas asked this question at a TTF seminar this lunchtime. His conclusion was they considered themselves a world-class regulator and a reluctant enforcer. From comments made by Andrew Bailey (former CEO) and Mark Steward (former head of enforcement) … Continue reading
Posted in pensions
Tagged action fraud, Al Rush, BSPS, Enforcer, FCA, Pension Life, Regulator, TPR, True and fair, TTF
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The balls of Old Bailey
NEW: Bank of England Governor Andrew Bailey, is expected to appear before an MP inquiry into the British Steel #pension mis-selling scandal. Bailey was chief of the FCA when the scandal involving thousands of steelworkers first erupted in 2017. #BSPS … Continue reading
Posted in pensions
Tagged Alan and Gina Miller, Andrew Bailey, Balls, BSPS, True and fair
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Ensuring fair pensions for us all?
“It is time to turn the dial back from financial individualism towards an approach that gives the young better hope of a decent retirement”. My heart missed a beat and my Fitbit tells me it is pumping at a greatly … Continue reading
Posted in pensions
Tagged Fair pensions, josephine cumbo, Martin Woolf, True and fair
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34 firms under investigation by FCA for non-disclosure of investment charges
The Times are running this story as a result of a tip-off by professional charge-busters and founding members of the awkward squad SCM Direct. If you don’t know what SCM Direct is, that’s because you aren’t one of … Continue reading
Posted in advice gap, age wage, pensions
Tagged AgeWage, Alan Miller, charges, Gina Miller, Mifid II, OCF, pensions, Priips, the Times, True and fair
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Is there a “true and fair” way to value advice?
Yesterday , I wrote a blog about “ownership” and how we cede ownership of our retirement savings – often to ill-effect. You can read that blog here. This follows up on that thinking and looks at a specific issue … Continue reading
Posted in pensions
Tagged Alan and Gina Miller, pension playpen, pensions, True and fair, trust, VFM
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Miller time! A crunching analysis of the FCA’s Asset Management Study.
Asset managers and investment advisers stand accused of complicity in lining their pockets at the expense of unwary and helpless investors. One asset manager (now an adviser) who has never stood by and has always shouted for truth and … Continue reading
Posted in advice gap, pensions
Tagged Alan Miller, closet tracker, Gina Miller, IA, Loch Ness Monster, SCM, True and fair
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