Tag Archives: trustees

Radical thoughts about “value for money” – from Julius Pursaill (aka mystery blogger)


  Establishing a consensus on what “value for money” is, is proving too hard for the IGCs and Trustees, we need intervention from a “deus ex machina” (aka the FCA). Once we know the means to measure, I believe the … Continue reading

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“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

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Why we have actively managed funds


The FCA’s Asset Market Study is written with certain corrective bias’ and it should not be taken as the last word on the active/passive debate. A central focus is on the allocation of savings, particularly long-term retirement savings, to active … Continue reading

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Let loose the dogs of law!


In this article, I argue that until those who manage funds and assets are held responsible to the end consumer we will not see effective enforcement of reforms. The central thrust of the FCA’s Asset Management Market Study (interim) is … Continue reading

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Activism over activity – we want effective asset management.


Reading the FCA’s Asset Management Market Study, you’d be tempted to give up on active asset management (to be frank you might to give up on investment funds altogether). Daniel Godfrey has a piece in the FT claiming that the … Continue reading

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Is the Green tide stronger than one man?


  In the past few days the Paris Treaty has been ratified. One man, Donald Trump, has threatened to put the short term interests of his country above the longer term interests of the globe. Neither we nor his citizens … Continue reading

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“Cash for kite marks?”- we should stick to “value for money”.


  At the end of the Pension Minister’s rambling confession at the PLSA’s conference yesterday , he was called to dish out awards to the three occupational scheme which had got the PLSA’s new “Retirement Quality Mark”. The three were … Continue reading

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NOW – for something completely different.


Amid all the noise of auto-enrolment , one master trusts has put its head down and got on with mending a damaged reputation by hard work and through decent behaviour. I’m talking about NOW pensions. NOW was set up by … Continue reading

Posted in napf, NEST, now, pensions | Tagged , , , , , , , , , , , , | 8 Comments

From frustration to disruption – how SMEs prosper!


Over the weekend I got a passionate note from a regular correspondent. Here it is – with the target of his frustration omitted! The concept of a TPA being paid twice is very common. The main culprit is Cxxxxx They have … Continue reading

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Value for money from investment consultants


In this article I’m proposing that investment consultants are subject to the same degree of scrutiny as the other service suppliers to trustees. Investment consultants should be subject to a Value for Money assessment). This morning I will be hearing … Continue reading

Posted in consultant, corporate governance, Fiduciary Management, pensions | Tagged , , , , , , , , , , , , | 4 Comments