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Informed Choice Radio - personal finance peace of mind with Martin Bamford


Mar 6, 2017

My guest on the podcast today holds something of a unique position in the world of pensions. He’s been a facilitator, networker, marketer, project manager and campaigner.

He’s been quoted as saying:  “To get a pearl you need a bit of grit,” “I see myself as the bit of grit around which the pearl is created. I seem to have the ability to be the catalyst that helps others to do what they can do.”

Andy Agathangelou is Founding Chairman of the Transparency Task Force.

As you’ll hear in this episode, Andy has been involved in a number of collaborative communities, starting with the Association of Member Nominated Trustees, and more recently the Chartered Institute of Payroll Professionals.

He created and led the Friends of Automatic Enrollment Group, which had 1,400 members across the UK. Now he’s started the Transparency Task Force and is leading a mission to improve levels of transparency across pension schemes.

In this episode of Informed Choice Radio, I speak to Andy about the purpose behind the Transparency Task Force, why now is such a relevant time for this transparency push, the hidden charges being paid by pension scheme members, whether investors are the only losers from a lack of transparency, how the UK compares to other countries, and much more.

Welcome to Transparency task Force with Andy Agathangelou, in episode 183 of Informed Choice Radio.

Some questions I ask:

-Why was Transparency Task Force originally formed?

-What makes now such a relevant time for this transparency push?

-Can you describe some of the hidden charges paid by pension scheme members?

-Are pension scheme members the only losers from opaque and high charges?

-How does the UK fare on matters of transparency compared to other countries?

-Will the sector clean up its act following recent regulatory scrutiny?

-What steps should pension providers be taking?

Useful links mentioned in this episode:

Transparency Task Force

Thank you for listening!

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