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Out of context

“Ian loves pensions, almost in an abnormal way.”

St James’s Place PR Roddi Vaughan-Thomas questions whether SJP divisional director of pensions Ian Price may be a bit too devoted to his job.

“It is a shame you stopped, I could listen to you all day. And I usually do.”

Association of British Insurers director general Otto Thoresen on stage at TheCityUK’s pension conference after a lengthy speech from Investment Management Association chief executive Richard Saunders.

“I remember Nigel telling me that Labour was not putting enough choice into auto-enrolment. It is amazing what the influence of a few Danish people can do.”

Former Conservative pensions spokesman Nigel Waterson is caught out by Institute for Public Policy Research chairman James Purnell as he extols the virtues of Now Pensions auto-enrolment product.


SFO chief Williamson steps down

Serious Fraud Office chief executive Phillippa Williamson has stepped down from the role. She announced her departure last week just days before director Richard Alderman left on April 20. Williamson says: “It has been a privilege to lead the SFO through a period of exceptional change during challenging times. “I am proud to have worked […]

FSA enforcement verdict is overturned

The FSA has vowed to continue to bring enforcement cases against senior management despite losing a high-profile test case which sought to fine former UBS UK wealth management division chief executive John Pottage £100,000 for inadequate supervision. The FSA published a decision notice against Pottage in October 2010, which imposed a £100,000 fine for misconduct […]

Converting pension savings to a retirement income…

Since last year’s reforms to pension legislation, a significant number of retirees have chosen income drawdown over purchasing an annuity. Income drawdown is more flexible than an annuity. However, it also increases the likelihood that individuals won’t be able to maintain their income throughout their lifetime. In this short video, we explain the risks that […]


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