Category Archives: Bankers

“My word is my Eurobond” – pensions without banks


We have become so obsessed with the paradigm created by Megabank that we consider a “limited level of positive return..guaranteed” something to aspire to. Continue reading

Posted in Bankers, dc pensions, defined aspiration, pensions | Tagged , , , , , , , | 3 Comments

John Kay has not left the room.


I had read Professor John Kay‘s Review of UK Equity markets and long-term decision making but it wasn’t till I heard him speak yesterday that I “got it”. Kay’s concern for the state of the UK financial services market goes much … Continue reading

Posted in Bankers, governance | Tagged , , , , , , , | 2 Comments

“Fit lean pension machines” – an uncomfortable prospect?


We move into day two of auto-enrolment with all to play for on a pitch increasingly likely to take spin Continue reading

Posted in advice gap, auto-enrolment, Bankers, dc pensions, EU Solvency II, pensions | Tagged , , , , , , , | 12 Comments

Those Dutch pension cuts in full!


Final figures from the Dutch central bank DNB show a total of 66 Dutch pension funds have been forced to curtail pensions due to funding shortfalls. Continue reading

Posted in actuaries, Bankers, pensions | Tagged , , , , , , , | 11 Comments

Can a hedge fund make your money prosper?


  Here is a question asked to members of  our Pension Play Pen by Alan Miller. It’s a long question so I’ve broken it down a bit- my answers at the bottom! When you consider predictions (eg LBS’s Dimson & Marsh) … Continue reading

Posted in Bankers, brand, hedge funds, Horse racing, smelly, stock lending | Tagged , , , , , , , | 2 Comments

No win no fee – one way to clean up asset management


I met yesterday with a Swiss firm whose business is to reduce the investment costs for large investors (typically with €500m +). The model is simple, no retainer – they receive 50% of the savings from their work. They are a … Continue reading

Posted in pensions, dc pensions, de-risking, redington, twitter, Retirement, pension playpen, RBS, Fred Goodwin, corporate governance, Bankers, FSA, Management, Change, David Pitt-Watson, napf | Tagged , , , , , , , | 1 Comment

Is this what your savings are paying for?


We have another Twickenham home international coming up, look out for your favourite analyst , he’ll be in one of the glass-fronted boxes . Continue reading

Posted in Bankers, FSA, Twickenham | Tagged , , , , , , , | 4 Comments

Bothered about your pension wealth?


In the past few days I’ve had some fruity exchanges with Tom McPhail of Hargreaves Lansdowne about when people should start getting interested in managing their pension pot. Tom’s view is “as soon as savings begin, mine “when you can be bothered”. Hargreaves … Continue reading

Posted in auto-enrolment, Bankers, dc pensions, Financial Education, First Actuarial, governance, hargreaves lansdowne, one pound fish, pensions | Tagged , , , , , , , | 3 Comments

From aubergines to Amazon- the unstoppable Vivi Friedgut


I had been hoping to make an Amazon bulk purchase of Vivi Friedgut’s book “Money Smarter- a Family Guide” but have been frustrated by the book’s  being virtually sold out. It’s turning into a phenomenon and is on the verge of breaking into Amazon’s top … Continue reading

Posted in Australia, auto-enrolment, Bankers, dc pensions, Financial Education, governance, leadership, Linkedin, mallowstreet, pension playpen, pensions, Retirement | Tagged , , , , , , , | Leave a comment

Who invited banks into schools?


What do the FT, Vivi Friedgut and Martin Lewis have in common? Answer; a common wish to keep banks out of schools! Why have I posted that stupid photo to this blog? Answer; because it demonstrates comparable imbecility of allowing banks … Continue reading

Posted in annuity, Bankers, corporate governance, Financial Education, smelly, Student debt, zopa | Tagged , , , , , , , | 10 Comments