here’s what you’ve been saying
Julie Richards on The CDC Consultation – a… henry tapper on The hidden costs of charges ar… Calum MacKinnon on The hidden costs of charges ar… henry tapper on The hidden costs of charges ar… Phil Castle on The hidden costs of charges ar… Adrian Boulding on The People of the Abyss Sandy Trust on The People of the Abyss Robert on Why do people take pension cho… Simon Grover on Why do people take pension cho… Michelle Cracknell on The fight for proper dashboard… henry tapper on Why do people take pension cho… Brian G on Why do people take pension cho… John mather on Why do people take pension cho… Peter Tompkins on Why do people take pension cho… John mather on Contingent charging –…
Tag Archives: trustee
Did I get “value for money” from my workplace pension
Am I getting value for money from my workplace pension? is a different question to Did I get value for money from my workplace pension? the difference is more than one of present and past tense. The first question … Continue reading
Posted in advice gap, age wage, pensions
Tagged AgeWage, Disclosures, IGC, pension, pensions, trustee, Value for Money, VFM
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How can savers be encouraged to engage with their savings?
This is the 4th of eight blogs considering the questions put to us by the Work and Pensions Select Committee. Today’s exam question… How can savers be encouraged to engage with their savings? Quick answer; either we can convince … Continue reading
Posted in auto-enrolment, pensions, WPC
Tagged auto enrolment, Dashboard, digital, Engagement, IGC, nudge, Savings, trustee, WPC
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With value for money – figures speak louder than words.
The pen may be mightier than the sword but the spreadsheet trumps both. Last week, JLT published some projections which showed that if the performance differential between lousy and top pension providers continued – you’d be able to buy a … Continue reading
Posted in pensions, Value for Money
Tagged Chir Sier, IFA, IGC, JLT, measure, past performance, trustee, Value for Money, VFM, wealth management, words
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Why employers must understand the value for money of their workplace pension
Among the remedies leading from the FCA’s Asset Management Market Study was a clear recommendation …that both industry and investor representatives agree a standardised template of costs and charges and we propose to ask an independent person to convene … Continue reading
Posted in actuaries, advice gap, NEST, pensions
Tagged chris sier, IGC, Imperial Tobacco, Obligation of gogod faith, trustee
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Equal rights to govern pensions
Here’s Theresa May talking at PMQ of the triple lock in the past tense. It wasn’t just a female prime minister in that photo, four out of five ministers on the front bench were female. Parliament is making the transition … Continue reading
Posted in pensions
Tagged Diversity, equal rights, gender, IGC, pensions, Professional trustee, Sexism, trustee, women
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Cost disclosure now! No more workplace pension NDAs!
Following Julius Pursaill’s excellent piece on value for money yesterday, I’m following up with some practical thoughts. The blog yesterday triggered a meeting with an IGC chair who probed me on the vfm scoring system that has been troubling me … Continue reading
Posted in pensions
Tagged disclosure, FCA, IA, IGC, Julius Purssaill, NDA, Transparency, trustee
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Over-consulting ; not a victimless crime!
I was “distressed” to read of a new way of extracting fees from the sponsors of DC pensions, the value for money review/assessment. http://tinyurl.com/ju4ppnp Ok – I wasn’t distressed – I was cross! Value for Money is not as complicated … Continue reading
Half a million savers let down by those they trust!
I am (once again) grateful to Jo Cumbo of the FT for her excellent reporting. Here is her summary of the latest state of the nation report on the progress of IGCs and Trustee Chairs overseeing our workplace pensions. You … Continue reading
The truth, the whole truth and nothing but the truth- (guest blog- Matthew Masters)
68% of us think that we’re better than average drivers, which means that at least 18% of us are mistaken. And does it come as a surprise that of that 68%, 61 out of every 100 are male? While I … Continue reading
Is you trustee/IGC getting you value for money? (guest blog from Ralph Frank)
The concept of ‘value’ has been exercising Trustee Boards (“TBs”) and Independent Governance Committees (“IGCs”) for some time. TBs are required to evaluate “the extent to which the charges and transaction costs represent good value for members”. Similarly, IGCs … Continue reading
