by David Anderson | Jan 11, 2018 | Miscellaneous
We have created a calculation tool for members of final-salary pension schemes considering taking a Cash Equivalent Transfer Value and then funding their retirement spending by drawdown from a personal pension. This is commonly referred to as a Pension Transfer or a...
by Stuart Fowler | Jan 11, 2018 | Miscellaneous
How do you protect people from outright scammers or bad advisers without depriving of them of the right to make their own financial choices? If regulation appears unable to eliminate mistakes or fraud, should the ‘nanny state’ step in and restrict choice?...
by Stuart Fowler | Oct 7, 2017 | Miscellaneous
Who might be interested in this? Our response to the FCA’s consultation of pension transfer advice, which can be read , is mainly of interest to fellow pension professionals and pension journalists. It is far more technical, note, than individuals will need or value....
by Stuart Fowler | Jun 29, 2017 | Miscellaneous
The FCA wants to intervene to strengthen weak price competition in asset management. But it’s inherent in competition driven by investors playing a performance game. What intervention can change that? Not much, we say. But change is on the way even without the FCA....
by Stuart Fowler | Jun 22, 2017 | Miscellaneous
There was disappointment the FCA did not address ‘contingent charges’ in its DB transfer advice paper. This was never likely. It’s not specific to DB transfers and it’s already in the handbook. It’s a normal commercial source of conflict. It’s far from the only...
by Stuart Fowler | Jun 21, 2017 | Miscellaneous
Today’s FCA proposals for new requirements for advice on Defined Benefit (DB) pension transfers are of much wider significance than that. It’s as if the regulator was comfortable bumbling along with a general approach to investment projections and suitability...
