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Steve Conley
2 days ago3 min read
Rachel Reeves Listens to Fund Managers—Because Who Better to Advise on Robbing Pensioners?
One might have thought, in the grand scheme of economic stewardship, that a Chancellor of the Exchequer would seek advice from a diverse...
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Steve Conley
2 days ago3 min read
Financial Planning: Beyond the Cult of the Pension
It is a curious phenomenon that financial planning, as it is so often peddled by the industry, begins and ends with pensions. The...
2 views0 comments
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Steve Conley
4 days ago2 min read
A Crisis of Trust: Why Would Pension Savers Leave Their Pots in a Government-Managed Piggy Bank?
Once again, the pensions industry finds itself wringing its hands, lamenting the woes of retirees who dared to withdraw their own money...
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Steve Conley
6 days ago2 min read
FOS in Freefall: A Farce in Financial Redress?
By Steve Conley One might have presumed that the Financial Ombudsman Service, long regarded as a sanctuary of stability in an otherwise...
3 views0 comments
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Steve Conley
Feb 166 min read
The Unvarnished Truth: How Those in Gold-Plated Pension Schemes Impose Austerity Upon the Rest
It is a truth universally acknowledged that turkeys do not vote for Christmas. And here we are as an example, it appears that Sir Keir...
29 views0 comments
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Steve Conley
Feb 143 min read
What Has This Government Got Against Pensioners?
First, they take a scalpel to winter fuel allowances, subjecting them to the ignominy of means-testing. Then, they toy with the notion of...
6 views0 comments
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Steve Conley
Feb 142 min read
A Curious Case of Institutional Amnesia: Ministers Call for Easier Mortgages
It would seem that the lessons of history are, once again, deemed surplus to requirements. In a display of almost admirable...
4 views0 comments
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Steve Conley
Feb 133 min read
The Necessary Wall Between Advice and Product: A Curious Case of the Untrusted Trustworthy
It is a peculiarity of the British financial industry that those who purport to offer sage financial counsel are often the very same...
71 views0 comments
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Steve Conley
Feb 133 min read
Targeted Support: A Masterstroke of Industry Self-Interest?
Today marks the closure of the consultation on the Financial Conduct Authority’s (FCA) latest brainchild: ‘targeted support.’ Under this...
13 views0 comments
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Steve Conley
Feb 133 min read
OBR Downgrade: Betting the Economy on the Wrong Horse
Chancellor Rachel Reeves has placed a reckless wager, casting her lot with City bankers and their gilded coffers, rather than the...
12 views0 comments
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Steve Conley
Feb 112 min read
The Vanishing Act: How the FCA Plans to Erase Its Own Accountability
The Financial Conduct Authority (FCA) has determined that the most effective way to manage its legal and reputational risks is to...
4 views0 comments
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Steve Conley
Feb 112 min read
FCA Registration: No Badge of Honour
It is a truth universally unacknowledged—at least by the financial establishment—that registration with the Financial Conduct Authority...
78 views0 comments
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Steve Conley
Feb 103 min read
The Great Ombudsman Cull: A Gift to the City’s Puppet Masters
Days after the unceremonious departure of the Financial Ombudsman Service (FOS) CEO, Abby Thomas—who dared to resist the government's...
29 views1 comment
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Steve Conley
Feb 84 min read
The Great FCA Capitulation: A Regulatory Watchdog on a Short Leash
If one were to pen a letter to Father Christmas listing the most audacious political gifts imaginable, a wholesale regulatory retreat in...
7 views0 comments
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Steve Conley
Feb 72 min read
What Did I Tell You? FOS Introduces Fees to Deter Professional Representation for Scam Victims
Well, that didn’t take long, did it? Just days after the abrupt departure of Financial Ombudsman Service (FOS) CEO Abby Thomas, the...
3 views0 comments
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Steve Conley
Feb 72 min read
Another Head Rolls: FOS Chief Executive Steps Down in Wake of Chancellor’s Mansion House Mandate
The revolving door of financial oversight spins again. Abby Thomas, the chief executive of the Financial Ombudsman Service (FOS), has...
3 views0 comments
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Steve Conley
Feb 73 min read
The Government’s Growth Agenda: The Wrong Medicine for a Sick Economy
The Bank of England has revised down its already lacklustre growth forecast, slashing expectations for 2025 from 1.5% to a dismal 0.75%....
8 views0 comments
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Steve Conley
Feb 63 min read
Not Content with Raiding Pensions, Fat Cat City Bankers Tell Chancellor to Raid ISAs Next
It’s like they’re ordering off a menu. First, they demanded a bite out of pensions. Now, the City’s well-heeled financiers have turned...
13 views0 comments
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Steve Conley
Feb 52 min read
Growth at Any Cost? The Myth of GDP and the Labour Party’s Implosion
Ah, GDP. That magical number governments love to flaunt as a badge of success, regardless of whether people can afford their weekly shop...
5 views0 comments
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Steve Conley
Feb 32 min read
The FCA’s Great Escape: Hiding Behind the Growth Agenda Flag
In yet another dazzling display of bureaucratic evasion, the Financial Conduct Authority (FCA) has masterfully sidestepped accountability...
5 views0 comments
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