by cffadmin | Jan 9, 2018 | Uncategorized
This is one issue that every member of Parliament agrees on so why is the timetable so slow? Parliament wants the ban in place by June 2018. Why not immediate? The only people who gain by the delay are the scammers. Banning it is great in theory, but the scammers will...
by cffadmin | Jan 9, 2018 | Uncategorized
The Pension’s industry should hold its head in shame over the way part of the industry behaved with the British Steel pensioners at Port Talbot. The industry needs to change – it was not just a few advisers. The whole industry owes a duty of care to the...
by cffadmin | Dec 9, 2017 | Uncategorized
How true is it of companies and more crucially management? A great case study may be Provident Financial (PF) from 2005 to 2017. 2005 YesCarCredit shut down at a cost of £141M due to heavy credit losses. 2012 BBC Panorama alleges that PF were breaching OFT guidelines...
by cffadmin | Dec 9, 2017 | Uncategorized
Provident Financial – Another Payment Protection Insurance Scandal? After the great PPI scandal, the last thing one would expect is for a UK bank to be subject to an FCA investigation on providing payment protection “insurance”. But, this appears to be...
by cffadmin | Dec 9, 2017 | Uncategorized
The DWP and FCA have issued a report on progress in reducing costs to below 1% in legacy workplace pensions. This has been an effective but slow process. These excess charges reduce the value of people’s final pension. There is still 16% of AuM in contract-based...
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