Tag Archives: Value for Money

Are you the Trustee Chair of a DC pension scheme?


  Facing up to your new duties? If so, you’ll be aware that the DWP have been writing you rules (and the Pensions Regulator enforcing them). Since 2016 you have written an annual chair statement and you will now have to … Continue reading

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

Higher costs – lower pay-outs? Fact or fiction.


This is the first of seven blogs I will write, that will by September 3rd, form my submission to the Work and Pension Select Committee’s inquiry into pension transparency. Today’s exam question is; Do higher-cost providers deliver higher performance, or simply … Continue reading

Posted in advice gap, age wage, pensions, WPC | Tagged , , , , | 2 Comments

Investing can now be “free” – here’s how.


I was sitting in a room of a leading asset manager yesterday listening to the yada yada. I’d needlessly put myself under a non-disclosure agreement but it was clear that there was no real news, so I thought I’d mention … Continue reading

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

Can we map the pension genome?


I don’t think I’ve ever heard mention of the “pension genome” , which may suggest it is a concept before its time. To me it means the entire complex of products and funds from on which our rights to money … Continue reading

Posted in pension genome, pensions | Tagged , , , | Leave a comment

Who owns “value for money”?


  News from the stalwart Bob Ward that the FCA has dropped the term “value for money” came as a bombshell to participants in yesterday’s Pension Play Pen lunch. Since it’s about the only term left in the financial services … Continue reading

Posted in auto-enrolment, pensions | Tagged , , , , , , | 1 Comment

SJPEXIT and its implications.


Reading Colin Richardson’s excellent Governance Advisory Arrangement (GAA) report on SJP, I realised just how tough it is for anyone who doesn’t work for St James Place to take any sort of decision on an SJP Pension. Here – for … Continue reading

Posted in advice gap, pensions | Tagged , , , , , | 8 Comments

Life’s a beach for the BlackRock IGC


It’s a sure fine of things to come when an IGC report is promoted by a stock photo. This couple appear on most of the IGC reports I have read, I suspect they were scammed out of their pension and … Continue reading

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

Beyond the workplace – managing our pension saving legacy.


  The FCA are consulting on the £400bn of pension assets that are not in workplace pensions. Implicit in the consultation is a desire to help those who depend on them in retirement to maximise these savings. The savings are … Continue reading

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

Workplace pensions – who gives a flying feck what’s going on?


  Data or opinion? What’s the best measure of value? Most investors when looking for evidence and would prefer to trust data. Opinion is now measured by “the crowd”, the wisdom of a great number of people is turned into data. … Continue reading

Posted in Henry Tapper blog, IGC, pensions | Tagged , , , , , , , | 1 Comment

How to run a pension at 1/30th the cost of the pension charge cap.


  How much does it cost to actively manage Alecta, Sweden’s largest workplace pension provider? The answer, according to Magnus Billing – is 0.024% of the funds assets each year. That’s less than 1/30th of the 0.75% cap imposed by … Continue reading

Posted in advice gap, pensions, Value for Money, workplace pensions | Tagged , , , , , , | 2 Comments