Tag Archives: Investment management

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

Should we measure pension fees as “risk”?


This is simple measure which makes such fundamental sense that any fool can grasp it. Continue reading

Posted in David Pitt-Watson, dc pensions, de-risking, pension playpen, pensions | Tagged , , , , , , , | 3 Comments

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

“Three into two won’t go”- NO EXIT at Playpen lunch!


Three into two won’t go – but I can say this was the hardest but most rewarding meeting I have yet chaired Continue reading

Posted in pension playpen, pensions, Personality, poetry, Popcorn Pensions | Tagged , , , , , , , | 7 Comments

Who’s been sleeping in my bed? Shocking stuff on stock lending.


Storage companies do not lend out your property, but fund managers do! Continue reading

Posted in dc pensions, Fiduciary Management, Financial Education, First Actuarial, NEST, pension playpen, pensions, stock lending | Tagged , , , , , , , , , | 8 Comments

Better ways to diversify the default.


When people see the jigsaw being put together , we may even get better public confidence in workplace pension schemes – something devoutly to be hoped for! Continue reading

Posted in actuaries, David Pitt-Watson, dc pensions, de-risking, defined aspiration, Financial Education, First Actuarial, leadership, NEST, pensions | Tagged , , , , , , , | 9 Comments

Diagnosing the real cost of DC


A problem with buying  ”bundled” DC services is finding out what’s really going on under the bonnet. I recently blew my power steering pump , I wanted to know what had happened but the pump was in a sealed unit – no warning … Continue reading

Posted in annuity, dc pensions | Tagged , , , , , , , | 9 Comments

Poor execution – a pigsty – not a playpen


A researcher I was speaking to yesterday asked whether I considered the bad practices associated with the poor execution of trades by fund managers as criminal fraud. His argument was that indirect benefits such as the receiving of rugby tickets from … Continue reading

Posted in David Pitt-Watson, dc pensions, First Actuarial, governance, pensions, Retirement | Tagged , , , , , , , | 8 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