Tag Archives: trustees

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

Posted on April 21, 2017 by

  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 →

Posted in pensions | Tagged , , , , , , | 7 Comments

“What next!?” @NEST

Posted on March 4, 2017 by

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 →

Posted in pensions | Tagged , , , | 2 Comments

Why we have actively managed funds

Posted on January 24, 2017 by

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 →

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

Let loose the dogs of law!

Posted on December 30, 2016 by

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 →

Posted in pensions | Tagged , , , , , , , , | 3 Comments

Activism over activity – we want effective asset management.

Posted on November 22, 2016 by

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 →

Posted in IGC, investment, pensions | Tagged , , , , , , , , | Leave a comment

Is the Green tide stronger than one man?

Posted on November 15, 2016 by

  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 →

Posted in actuaries, pensions | Tagged , , , , , , , , | 5 Comments

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

Posted on October 20, 2016 by

  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 →

Posted in pensions | Tagged , , , , , | 1 Comment

NOW – for something completely different.

Posted on August 5, 2016 by

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!

Posted on June 13, 2016 by

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

Posted on May 4, 2016 by

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