Tag Archives: wealth management

Postmen want to strike – is it any wonder?

Posted on July 14, 2017 by

Maybe it’s because they’ve been reading the FCA’s report on Retirement Outcomes. Maybe the FCA have been talking with them. Either way, the 140,000 postal workers in the Royal Mail scheme don’t want a pension when they pack up their … Continue reading →

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This market failure’s not about advice but product.

Posted on July 13, 2017 by

  The FCA paper on structural problems with the pension freedoms that I wrote about yesterday, is the first evidence of Government admitting all in this garden is not rosy. What has happened since 2015 is an increase in people hammering … Continue reading →

Posted in advice gap, CDC, pensions | Tagged , , , , , , , | 5 Comments

Why I’m scared of wealth managers

Posted on December 19, 2016 by

This blog’s written for the advisory community, but if – like me – you are considered a target for wealth management – you might want to read it too.   Consumers approaching the tipping point from saving to spending their … Continue reading →

Posted in pensions | Tagged , , , , | 11 Comments

Property , liquidity and the merit of doing nothing

Posted on July 6, 2016 by

News that Standard Life , M&G (the Pru) and Aviva have put up the shutters on their property funds is dominating the headlines. We are used to being able to move our money around the market with “impunity”. I put … Continue reading →

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

SMEs pay for pension advice -but not to IFAs

Posted on June 22, 2016 by

One of the oddest aspects of auto-enrolment is the disappearance of the IFA. There are exceptions of course but when it comes to the core enterprise of the IFA, advising , implementing and nurturing workplace pensions, the IFA is nowhere … Continue reading →

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60% of UK wealth manager’s customers getting “unsuitable advice”?!?

Posted on December 21, 2015 by

This arrives in an email from my friend Per Andelius. It refers to the FCA thematic review that can be found here. It’s a brilliantly written article and if anyone knows its source, please send it me, as I would … Continue reading →

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The frictionless fees that shame our name!

Posted on November 3, 2015 by

I have been following at a polite distance the argument among financial advisers between those pressing for fee disclosure in pounds and pence and those who would prefer to charge and disclose advisor fees as a percentage of the fund. … Continue reading →

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Boring money.

Posted on June 24, 2015 by

Yesterday , financial journalist and founder of the Platforum Holly Mackay, launched a new company “Boring Money”. I like that phrase, work is boring, money is boring- there is a natural synergy there. It’s not done to talk about either in interesting … Continue reading →

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Can advisers make money from auto-enrolment?

Posted on January 18, 2015 by

Almost every day I get a call from an advisory firm having trouble recovering costs from advising on auto-enrolment. The problems are less to do with pricing than getting paid. |I’ve been thinking about all the issues that we’ve had … Continue reading →

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Annuities get another kick in the goolies

Posted on September 29, 2014 by

What’s the story? The Chancellor will announce in his speech at the Tory conference that he will put a stop to the 55% tax on pension pots not spent at death. The Treasury announcement on what detail we so far … Continue reading →

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