by Stuart Fowler | May 20, 2022 | DB Pension Transfers
I have covered in three recent articles the work we have done in addressing the FCA’s proposals to introduce a redress scheme affecting everyone who advised any member of the closed BSPS Defined Benefit pension scheme to transfer out to a personal pension...
by Stuart Fowler | Mar 31, 2022 | DB Pension Transfers
Since I had written extensively about the feasibility of a redress scheme to cover advice to members of the British Steel Pension Scheme (BSPS), I want to comment briefly (even if too quickly) on the consultation paper published today by the FCA. I had set out in my...
by Stuart Fowler | Mar 31, 2022 | Politics, Savings and Investments
Russia’s war has surely changed many things, even before it is over. One is counter intuitive: it has made the powerless feel some sense of power, through collective action. I am talking not about governments but ordinary people. It turns out we hold the keys to...
by Stuart Fowler | Feb 21, 2022 | DB Pension Transfers
I wrote here that the entire basis of the FCA’s assessment of the suitability of transfers from a DB or final-salary scheme to personal pension in readiness for drawdown was so flawed on first principles as to make any s404 consumer redress scheme that relied on...
by Stuart Fowler | Feb 3, 2022 | Performance, Savings and Investments
‘Activist investors descend on ‘bargain basement’ UK companies’, says the FT headline yesterday, quoting one such investor in Los Angeles. As we are quantitative investors, with a rules-based approach driven by our own measure of market...
