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Daily Archives: July 25, 2012
End of an epoch?
This is an article by Con Keating, reproduced with his kind permission. It’s hard but it’s worth it- Con is the cleverest man in town. The demise of the Bretton Woods system in the 1970s was epoch-defining; it constituted a massive shift of … Continue reading
Posted in Bankers, Change, economics, EU Solvency II, Treasury
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Send in forensic actuaries to sort out these “rip-off” pensions!
Spookily, a couple of hours after I’d published yesterday’s blog about how the DWP had ducked the dodgy question of how to sort out legacy pension charges, Steve Webb, the Pension Minister issued an appeal to the pensions industry to … Continue reading