Pension Reform

I like the summary of the paper written by the former Pensions and Energy Minister Malcolm Wicks. http://www.moneymarketing.co.uk/politics/former-pensions-minister-wicks-calls-for-social-insurance-system/1051288.article Having such radicle reform of state benefits...

The FSA & Final Salary Pensions

I cannot foresee circumstances where I feel it would be the correct thing for a client to transfer from a final salary pension to a money purchase pension. I am pleased the FSA is tightening up the rules according to this article...

Employers & Final Salary Pensions

I laughed when I read the following article http://www.moneymarketing.co.uk/pensions/employers-are-willing-to-shoulder-retirement-risk-says-webb/1050358.article I think there will be very few employers who will actually accept more pension liabilities for their staff....

Today’s Blog

The following article is sad reading. http://www.moneymarketing.co.uk/investments/oecd-uk-heading-back-to-recession/1048984.article with oil prices up so much in percentage terms in the last few months most people’s disposable income has fallen. Talk of another...

Today’s Blog

I laughed when I read the following article http://www.bbc.co.uk/news/business-18032740 given the dismal performance by the regulator of the PPI miss-selling scandal I think it is only right and proper that the Government decline to tax any interest payments...

Today’s Blog

The following article really does support what I have been banging on for years. The Banks are not trustworthy and the regulatory oversight has been woefully inadequate. It is a shame in one way that the UK legal system does not have punitive damages unlike the USA....