From an empty chair; Hargreaves Lansdown’s excellent IGC statement.
A cautionary tale It has been a difficult year for Hargreaves Lansdown’s IGC and they have launched their Chair’s statement without a Chair. This unusual state of affair followed the departure of...
View ArticlePension Plowman’s guide to 2020 IGC reports
This is a big year for IGCs. It is their fifth birthday, it’s the year when the FCA reviews their effectiveness and it’s the year of the pandemic, where providers and savers will be under maximum...
View ArticlePutting our money where their mouth is? We’re not there yet!
Last night I had the chance to listen to the Lord Mayor’s lecture – organised by Gresham College which is a few yards from where I live. If this had happened last year, I would not have been invited or...
View ArticleIt’s time to stop sneering at St. James’s Place
St. James’s Place released their half yearly results yesterday and the market responded by marking up their shares 5%. The results told us that SJP had added nearly £10bn to funds under management and...
View ArticleThe “personalised nudge”– down the slippery slope or a shove towards better...
This week we are hearing a lot about what providers think they should be able to do with their customers to help those customers take better decisions. A pension provider’s view of what’s good for a...
View ArticleVia Nova challenges Origo’s PE backed monopoly.
Origo – a monopoly in the making I have for five years been writing about the pernicious impact of a potential monopoly created by Origo in the transaction of pension transfers. I still worry. Origo...
View ArticleTurbulent times for overgrown SIPPs
It has been a turbulent two or three days for the UK wealth management market. On Friday, Nucleus made its move on Curtis Banks, the latter’s management appears to be leaving en masse, the much loved...
View ArticleThe “Assessment of Value” whitewash continues.
Thanks to Robin Powell for bringing this to my attention and thanks to Sally Hickey for researching and writing the article for the FT Here is the damning evidence uncovered by Hickey Hargreaves...
View ArticleNathan Long – Financial resilience
This is the 26th VFM podcast and my 26th blog (27th if you include my apology to Nico for being rude about him). But it’s the first when Nico has had a proper job, I think he’s in charge of … Continue...
View ArticlePlanning ahead if you’re self-employed; (HL’s first class research)
We should be grateful to Nathan Long and Hargreaves Lansdown for continuing to research what’s actually happening with the self-employed. It’s long been remarked that there are many types of...
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