by Stuart Fowler | May 22, 2017 | Miscellaneous
Vanguard’s entry into the ‘direct to consumer’ market is another step in the commoditisation of core investment products. Though it was always possible to buy core investment funds direct from a single provider, such as L&G’s suite of index...
by Stuart Fowler | Mar 24, 2017 | Miscellaneous
In a new short paper from the Centre for Policy Studies, pensions expert Michael Johnson argues that pension freedoms went too far, ignoring his own policy position (since at least 2010) that freedom is fine as long as it is both supported by market solutions and...
by Stuart Fowler | Feb 20, 2017 | Miscellaneous
Charging the same fees for active funds that hug the index as for genuinely-active funds is increasingly being presented as fraudulent or mis-selling – as something inconsistent with the duties of care owed to customers by fund providers and by advisers...
by Stuart Fowler | Feb 15, 2017 | Miscellaneous
How to invest can be reduced to two choices: system player or entrepreneur. System players are happy to harvest the risk-related returns available just by exposing capital to risk in public markets. Entrepreneurs, as in other fields, are not content with market...
by Stuart Fowler | Dec 31, 2016 | Miscellaneous
The FT’s parting gift to readers in 2016 is a strong hint in two articles in today’s paper to take advantage of high cash transfer values from UK DB schemes – following the example of its own Martin Wolff and even former pension minister Baroness...
