Alan Previn T.’s Post

Just Wrong on so many fronts.

in case you inquiring minds want to know

that is not a good idea

You know who you are

So humor aside, this is actually a great stakeholder management insight, and something I was just discussing with a smart junior researcher today - it's really tempting to want to show all your work up front, but please resist the urge. You have two goals in a debrief: 1) Get the key findings across to the stakeholders who have already bought into your findings and just want action items to rally around. 2) Convince skeptical stakeholders that they should believe that you are correct, and they should take your conclusions seriously. I often recommend calibrating your presentation to be one level of abstraction ABOVE the level you're prepared to drill down to in a meeting - most of your stakeholders don't need the detail, they just want the action items. And as for the skeptics? One of the most powerful things that happens in a presentation is when someone asks "well, how do you know that? What if it's X instead?" and then you jump down to the appendix where you've got the graph that shows exactly the answer to that, ostentatiously skipping past all the OTHER slides that you didn't show. It's a great (but not condescending or cruel) flex, and it makes everyone feel better about working with you.

Anything can happen within 54 days

Sometimes holding on is the only strength you know...learn to unlearn and relearn.

Meanwhile.... 'experts' from Pensions La La Land heckle me before I reveal the math behind their flawed 20th Century Pension Schemes that fail to meet 9 in 10 workers needs. #Pensionwashing has misled the public into believing 'Low Cost' EBI, MPT and 60:40 Passive Funds offer the best 'Value for Money' (VfM) for 45m DC Workplace Pension pot owners hard earned savings. But this approach will not deliver the best outcome for most workers. 4x TO 10x HIGHER COSTS I shared generic data from 3 Cohorts of savers with the Financial Conduct Authority in 2020, 2021 and 2022. Independent Chartered Financial Advisors provided Default Fund performance for their most used Default Funds and reviewed my Analysis. On average their customers had lost the equivalent of 1.5x their current salary. The data indicates 2.8m SME business owners and 10m Workers have suffered serious financial harm worth £1 trillion. To put things right it will cost 4x to 10x higher contribution costs every payday. I understand my numbers inside out, left to right, upside down and shake em all about. In a nutshell, ILLIQUIDITY was not the worst case scenario for 9 in 10 savers, it was Pension La La Land blocking Step Change Innovation. For the last 15yrs #Pensionwashing has been used to cover up ineffective, inefficient and irrelevant liquid only Default Funds. RESTITUTION DAY (#RDay) I launched R-Day 🎃 in 2021 to help Firms identify their #BlindSpotRisk and #DoTheRightThing for 13m Taxpayers. 38 Regulated Pension Providers covering 95% of Pension Members ignored my warnings to address their failures. If you have joined a Workplace or Private Pension, R-DAY is now focusing on helping 13m Taxpayers discover how much they have lost. So after 3yrs of Firms failing to engage, it's TIME to reveal the true cost of 'low cost' 20th Century Pension strategies. It's #BUOMTIME and trust me, every second of delay counts. The math doesn't lie. Just Saying 🤷♂️ #BUOM #RDay 🎃 #ConsumerDuty #JusticeMatters

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