Tag Archives: wealth management

The state of private equity and what it means for pensions

Posted on August 10, 2023 by henry tapper

🇬🇧 Private Equity Offers Discount Fees As Dealmaking Drought Deters Investors ▫Sweeteners aimed at big backers ▫Cut-throat competition for cash ▫Industry fortunes face reversal ▫@william_louch @JosephineCumbo 🇬🇧#frontpagestoday #UK @FinancialTimes pic.twitter.com/sjXBfUpjIg — 𝙵𝚛𝚘𝚗𝚝 𝙿𝚊𝚐𝚎𝚜 𝚃𝚘𝚍𝚊𝚢 📰 (@ukpapers) August 8, 2023 I … Continue reading →

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

Private equity – does the sausage match the sizzle?

Posted on May 30, 2022 by henry tapper

  Private markets are being touted as the promised land for retail investors. They off “milk and honey” at a time when the traditional asset classes can barely feed us locusts. At the PLSA conference, some managers I spoke to … Continue reading →

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

Why is Aviva buying Succession – an IFA consolidator?

Posted on March 2, 2022 by henry tapper

Just as Scottish Widows moved on Embark, so Aviva has moved on Succession, announcing its £385m acquisition of the IFA consolidator as part of its annual results this morning. Aviva says the deal would “significantly” enhance its presence in the … Continue reading →

Posted in pensions | Tagged , , , | 1 Comment

The curse of wealth (and the pleasure from income)

Posted on December 6, 2020 by henry tapper

The purpose of money is to pay for things that are needed. The definition of need varies but the link with liability is strong. For most people , the fear of not being able to pay for things we need … Continue reading →

Posted in advice gap, age wage | Tagged , , , , | 1 Comment

No meat in the pie! Investment pathways

Posted on May 14, 2019 by henry tapper

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 henry tapper

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 henry tapper

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 →

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

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

Posted on April 28, 2018 by henry tapper

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 →

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

Advisers should welcome a revival of the collective pension scheme

Posted on March 2, 2018 by henry tapper

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 henry tapper

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 →

Posted in actuaries, annuity, CDC, pensions | Tagged , , , , , | Leave a comment