Financial Services Unplugged with Tom McPhail

Financial advice in 2030: The disruption game plan

Futurologist Eleanor Winton talks about how businesses can plan for future disruption and uncertainties. We also talk about the work we did with Parmenion to anticipate the world of financial advice in 2030.

Stephen Timms talks about the work of the Work and Pensions Committee

We cover recent inquiries on pension freedom and saving for retirement; the stronger nudge and increasing take-up of guidance; preventing pension scams; how to build on auto-enrolment; the current inquiry on LDI investing and forthcoming work on DB pensions.

The Steven Cameron episode

Now the dust has settled, Steven Cameron and I revisit the Autumn Statement, the state pension, social care and the in-trays for the new Pensions and Treasury Ministers

Pensions, Lifetime Savings and all that

Joe Dabrowski from the PLSA on pensions in the Autumn statement, retirement living standards, 5 steps for pension reform and pension scheme consolidation.

Collective Defined Contribution pensions for retirement income

This episode explores whether CDC could be the solution to the retirement income challenges posed by pension freedom. Simon Eagle explains how and why he thinks it could work.

The Edi Truell episode

Defined Benefit pensions, LDI, regulatory failure and the real-world consequences of pension tax policy on the NHS

Pensions are in the news, again

This isn't about DB scheme LDI strategies because that would be boring. Instead Nathan Long and I talk about politics, pension tax reform (again), annuities rate rises and investment losses and the tantalising possibility of regulatory reform

Guy Opperman II

There's a lot packed into this 40 minute conversation with Guy: He talks about Pension Awareness Week; the Midlife MOT; Pension Dashboards; consolidation of pots, pensions and regulators; the role of trustees; Value for Money; Pension Freedom and decumulation; and he talks about Pension Credit. He's also not shy with his praise and his criticism.

How to survive Consumer Duty

This is the big one, clear the diary, wrap a wet towel round your head and get to grips with the Consumer Duty. In this episode, Mike Barrett and I discuss the key challenges and how firms can survive and thrive in this new world order.

Links:

PS22/9: A new Consumer Duty (fca.org.uk)

FG22/5: Final non-Handbook Guidance for firms on the Consumer Duty (fca.org.uk)

 

 

An international perspective on UK pensions

If you want a perspective on UK pension provision and policy from someone who has spent time working on other pension systems around the world, Jamie Jenkins from Royal London is your man. We talk here mostly about UK pensions but with some interesting insights from others' experieneces.