Tag Archives: Value for Money

How SUEZ boosted their staff’s pension pots by £8.65m

Posted on September 18, 2020 by

  I really admire organisations that are prepared to take a chance and test their workplace pensions for value for money. SUEZ is one such organisation. Michelle Sutton, SUEZ Head of pensions and reward talks here about  how since 2004 … Continue reading →

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Is value only in the eye of the beholder?

Posted on August 7, 2020 by

Yesterday’s blog on the capacity of “value” to simplify pensions has solicited some strong comment and a very interesting debate on linked in I am  interested in the comments of Simon Ellis who has been assessing value in funds For … Continue reading →

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How can pensions be giving savers VFM but not be dashboard ready?

Posted on July 27, 2020 by

  Outcomes for dough, portals for show! Over the weekend, I’ve been thinking about how I can judge the quality of service I receive from my pension provider. As a consumer there are a number of things I would like … Continue reading →

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How can you test the “quality of service” you’re getting from your pensions?

Posted on July 26, 2020 by

“Value for money is more than just an analysis of cost” – we are told “Value for money is more than just an analysis of the money paid” – we are told “Value for money is also about ‘quality of … Continue reading →

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Bench marking will challenge IGCs and raise their game!

Posted on July 8, 2020 by

This blog is a follow up to my piece which asks whether the FCA has let the IGCs off with impunity. The FCA has chosen not to publicly humiliate failing IGCs but to give them clear guidance for  the future. … Continue reading →

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Have IGC’s let savers down with impunity?

Posted on July 8, 2020 by

When it all began Back in 2015 , when the IGC chairs first met, I wrote a blog critical of IGC Chairs and their advisers who seemed to be publicly questioning the purpose behind Independent Governance Committees. You can read … Continue reading →

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For workplace pensions value for money means……..

Posted on June 29, 2020 by

    One of the questions in the FCA’s consultation on value for money is whether its definition is ok or whether we can find a better one. This is our definition Pension value for money’s measured by the amount … Continue reading →

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The FCA’s new approach to Pension Value for Money

Posted on June 25, 2020 by

The Backstory Back in 2014, with the excoriating OFT report fresh to mind, the FCA made a deal with the insurers not to refer the insurers to the Competition and Markets Authority in return for those insurers operating workplace pensions … Continue reading →

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Zurich’s IGC’s Chair makes a statement -just!

Posted on April 6, 2020 by

I wasn’t quite sure , reading Anna Bradley’s chair statement that I wasn’t on my blog. The photos of the IGCs look like they were taken on an iphone, neither of which detracts much from what is a good – … Continue reading →

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Are employers able to “know their workplace pension”?

Posted on March 8, 2020 by

Are employers the provider’s clients? In financial services, the client is the entity that takes the decisions on where the money goes. Whether we define “money” as “pension contributions” or “fees paid”, the employer is seen as the client. It … Continue reading →

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