Tag Archives: wealth management

No meat in the pie! Investment pathways

Posted on May 14, 2019 by

Yesterday’s pension play pen lunch brought together a small but enthusiastic group of us to discuss whether the FCA’s planned in retirement investment pathways, would bridge the advice gap identified by FAMR and the Retirement Outcomes Review. If that sounds … Continue reading →

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

So what’s unfair about a Pension Wealth Tax?

Posted on October 9, 2018 by

In this article I argue that any tax increases levied on the rich are ok by me, and I’m rich. The bias of vested interest The vast majority of people get tax relief on their pension contributions. Some people are excluded by … Continue reading →

Posted in accountants, Henry Tapper blog, pensions | Tagged , , , , , , , , | 5 Comments

The “wonder” of wealth

Posted on August 15, 2018 by

As Dr Chris Sier entered the Corinthia Hotel on Wednesday, en route to a cup of tea with the AgeWage management team, he noticed a gentleman handing over his Bentley keys  to the doorman, with a fifty pound note as a tip . … Continue reading →

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SJP policyholders deserve an IGC. They have a great GAA – but that’s not enough!

Posted on April 28, 2018 by

St James Place is one of Britain’s largest financial institutions, it is a FTSE 100 company with 2017 revenues of over £9bn. It is therefore surprising that its exposure to workplace pensions is so limited that it does not need … Continue reading →

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Advisers should welcome a revival of the collective pension scheme

Posted on March 2, 2018 by

Financial advisers have never had it so good. The collapse of the DB market has led to the outflow of tens of billions of pounds into the wealth market,  the emergence of fund platforms has allowed them to demonstrate a … Continue reading →

Posted in Blogging, CDC, pensions | Tagged , , , , , | 4 Comments

Has the hardest nastiest problem in finance just got a little easier?

Posted on January 1, 2018 by

I enjoyed reading this serious and sensible argument by Steven Lowe of “Just”.  I suspect that most financial advisers reading it will conclude, as I do, that planning an income for the final years of someone’s life is so fraught that (if … Continue reading →

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With value for money – figures speak louder than words.

Posted on October 16, 2017 by

The pen may be mightier than the sword but the spreadsheet trumps both. Last week, JLT published some projections which showed that if the performance differential between lousy and top pension providers continued – you’d be able to buy a … Continue reading →

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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 →

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

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