Guy Opperman, the UK Pensions Minister, supports continuing to auto-enrol breadwinners into pension schemes during the cost-of-living crisis, suggesting that everyone agrees the more prominent people’s pension pots, the brighter is their future. Not everyone agrees. I don’t. And I’ve been a leading pension professional for 40 years, heading up pensions for brands now part … Continue reading Stop telling us pensions are more important than living for today!
What might you expect from a terrific financial planner? There’s conventional wisdom, and then there’s what I think. Let me give you what everyone else thinks first. I am sure that 99.9% of financial planners will agree with fellow Transparency Task Force volunteer Jeremy Askew FPFS from London. Jeremy, you have my respect as a … Continue reading Great Planning Outcomes
How to invest - advice-only financial planner How do you run your own money safely? There are no guarantees in investing. The value of an investment may fall as well as rise however you invest and with whoever you invest. You may get back less than the amount invested. But in real terms, it's the only … Continue reading How Do I Run My Own Money … SAFELY?
The Duty will include requirements for firms to end rip-off charges and fees. The FCA's Consumer Duty will lead to a major shift in financial services | FCA - PS22/9 12.9 By the end of October 2022 (UK) adviser firms' "boards" should agree implementation plans (PS22/9 12.9). What should financial advisers be thinking about for … Continue reading Challenges Ahead: Financial Advisers And A New Consumer Duty
HapNav provides a cashflow baseline for every user to just set up and take away on their own for a few years. "Growth forward is made possible by the feeling of being safe, of operating out into the unknown from a safe home port, of daring because retreat is possible." - Richard Barrett, A new … Continue reading How To Navigate Happiness: A low-cost approach that everyone can afford
Do you want to live longer better? Are you ready to choose a better life from today? Where are you now? Maybe you haven’t found that inspiring reason to spring out of bed on a Monday morning. You live as others expect you to live and not true to yourself. You lack self-knowledge and true … Continue reading The Live Longer Better Plan
Our planning model removes product intermediation from the advice process. It’s absolutely amazing when you take the blinkers off; we open up vast horizons of planning opportunity. The likes of which we have never seen before. For example: Planning 100 employees all at once with one planner as part of an employee financial wellbeing programme.Creating … Continue reading What a fabulous career choice this NIFP network has turned out to be.
Good brands and stakeholders Question: You may choose to answer this on the Facebook pages as I believe it is a vibrant subject. Very timely and pertinent to the malaise of beleaguered businesses right now. Especially the SME enterprises, and I suspect it is because many HR people do not appreciate the relationship between the business owner and … Continue reading The Ultimate Stakeholder Win-Win Proposition
http://www.hapnav.com Financially disorganised employees are the source of low productivity and reduced efficiency in the workplace. It’s a no-brainer that an engaged and stress-free workforce will be more productive and bring more value to the organisation than a team of financially stressed employees. So, what difference can an employee financial planning app make to your … Continue reading Employee financial planning apps for well-being at work
Older workers are being pushed out of jobs and into retirement, reports today’s Telegraph. https://www.telegraph.co.uk/pensions-retirement/financial-planning/pushed-work-age-mid-lifers-face-ruin-pensions-run-dry/ Bullet points: Forced to spend pensions sooner than planned.Un-employment in over 50s rocketed. Age discrimination is rife.Over half a million silver workers left employment since the pandemic.Two-in-five older unemployed still out of work after a year. Shut out and left … Continue reading Generation Cast Out: How To Cope When Forced To Retire