Monthly Archives: January 2013

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

“Pensions aren’t dead yet!” January pension play pen lunch

At an unusually passionate lunch, notable for the absence of the principal villain, Michael Johnson, the Play Pen set about putting pensions to rights. For those not in the loop, the Telegraph posted an article espousing the views of the aforementioned Johnson which … Continue reading

Posted in actuaries, Bankers, pension playpen, pensions, Popcorn Pensions, Public sector pensions, Retirement | Tagged , , , , , , , | 7 Comments

Savers put themselves first!

A happy result of dissing Michael Johnson’s attacks on pension saving early in the week was that I got a copy of his paper “Put the saver first” direct from the great man. He calls up the spirit of Ron Sandler– … Continue reading

Posted in auto-enrolment, David Pitt-Watson, dc pensions, NEST, pension playpen, pensions | Tagged , , , , , , , | 1 Comment

Six for five pound, one pound fish

Following brief employment at a pound shop, Muhammad Shahid Nazir, a Pakistani immigrant to the United Kingdom  from the town of Pattoki, Kasur in Punjab,  began work on a fish stall at Queen’s Market, Upton Park where his employer instructed him to … Continue reading

Posted in fish, one pound fish, pensions, smelly | Tagged , , , , , , , | 1 Comment

2012 in review

The WordPress.com stats helper monkeys prepared a 2012 annual report for this blog. Here’s an excerpt: 4,329 films were submitted to the 2012 Cannes Film Festival. This blog had 52,000 views in 2012. If each view were a film, this … Continue reading

Posted in pensions | 2 Comments

British football fans – a credit to our country!

Watch this video of AC Milan‘s Kevin-Prince Boateng leading his  team off pitch in protest at racist chanting in friendly. Why could this not have happened in the UK? Because, even our most bestial supporters would not dare to issue rascist abuse. … Continue reading

Posted in football, Yeovil Town | Tagged , , , , , , , | 3 Comments

#Farefail ; real-rate rail rises – a kick in the teeth

The media seemed to have been surprised by the public outcry in a tenth successive year of real (eg above inflation) rail-fare rises. They shouldn’t be. If ever there was a stealth tax , this is it. Instead of the Government … Continue reading

Posted in Farefail, infrastucture | Tagged , , , , , , , | Leave a comment

Pensions dead by 2050 – taking the Michael?

The Daily Telegraph, which through Richard Evans has started writing sharp and provocative articles on pensions, came out with a corker just before Christmas. I read it on the beach and nearly choked on my sangria! Here it is in … Continue reading

Posted in annuity, Australia, auto-enrolment, David Pitt-Watson, dc pensions, de-risking, defined aspiration, Henry Tapper blog, NEST, Payroll, pension playpen, pensions, Treasury, with-profits | Tagged , , , , , , , , , , , , , , , , , , , , , | 11 Comments