Tag Archives: value

How should our pensions value unlisted equities?

Posted on September 28, 2023 by henry tapper

I was shocked when I read that many of the valuations of private equity funds are carried out by employees of the funds. I am pleased to hear that the FCA are looking into this practice and I hope that … Continue reading →

Posted in pensions | Tagged , , , | 5 Comments

If you can’t choose on price…what? The employer’s dilemma – choosing pensions for staff

Posted on May 13, 2023 by henry tapper

The FCA ,TPR and DWP have made it clear that they are uncomfortable that workplace pensions are being chosen on price. There are good reasons for this, the first of which is that low-price usually correlates with poor investment and … Continue reading →

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

How should you divorce your financial advisor?

Posted on February 9, 2023 by henry tapper

  Marriages always start so well and that’s the same if you are getting into a relationship with a spouse or your financial advisor. Many people selecting  an IFA find themselves in “shock and awe” at a handsome report presenting … Continue reading →

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

His Majesty’s Treasury’s big idea for pensions needs help

Posted on September 25, 2022 by henry tapper

HMT has one explicit pensions policy mentioned in the mini-budget. The government is proposing that “well designed” performance fees, typically levied by private equity and venture capital managers, should be excluded from the 0.75% charge cap on DC workplace pension … Continue reading →

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

SJP’s 3rd Value Assessment hits the mark

Posted on July 13, 2022 by henry tapper

The investor’s choice for wealth management Speaking with Rob Gardner following the publication of SJP’s third Value Assessment Statement , we discussed where SJP found themselves on the fee spectrum. Here’s the conclusion we came to; When it comes to … Continue reading →

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

Why we shouldn’t choose pension providers just on price!

Posted on November 10, 2021 by henry tapper

The decision from the DWP to defer prescribing on how a commercial pension provider charges member’s for their services is welcome. It would have been better if we didn’t have to consult further and that the Government made the message … Continue reading →

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

Taking back control of our retirement savings.

Posted on September 28, 2021 by henry tapper

Pensions have long been seen to have an image problem. Ever since I started selling s226 policies in the early eighties I have heard them described as a rip-off. When you look behind that complaint you get to the frustration. … Continue reading →

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

The Prudential’s IGC – put to the test.

Posted on August 7, 2021 by henry tapper

I have enjoyed Laurence Churchill’s five reports for the Prudential IGC and I’ve enjoyed Bruce Rigby’s first one. My respect for the reports has been based on the IGC’s focus on what matters. The IGC’s current approach to VfM takes … Continue reading →

Posted in pensions | Tagged , , , | 1 Comment

TPR/FCA and Government – shining light on value for money

Posted on May 20, 2021 by henry tapper

TPR’s Corporate Plan  for the next three years is for the most part solid and uncontroversial. Where it extends beyond the 2020 plan is in a long section on value for money which I have quoted in full below. The … Continue reading →

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

An afternoon asking about “value” and “money”

Posted on May 7, 2021 by henry tapper

Joni Mitchell’s famous line tells a truth. When it comes to pensions, most people have no idea of the value of their pension rights, which is why DB was taken away from us. DB has gone, they paved paradise and … Continue reading →

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