Monthly Archives: March 2021
Rejoicing in heaven – John Ralfe returns to the fold!
I say unto you, that likewise joy shall be in heaven over one sinner that repenteth, more than over ninety and nine just persons, which need no repentance. Luke 15.7 “Miracles and mirages of #CDC ” Excellent blog by … Continue reading
‘We’ve been here before’: IFAs round on gov’t DC illiquid assets plan
It’s not my headline (or my photo), I’ve nicked them from Citywire’s NMA and if you click the link you can read the views of a number of IFAs on the idea of having your pension pot invested in illiquid … Continue reading
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Tagged Confidence, dc pensions, Defined benefit pension plan, Financial services, Government, pension, Pensions, Playpen
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The Chancellor’s listening – are you? (a shouty blog)
You asked for it. We arranged it. Clubhouse with the Chancellor @RishiSunak and some special guests. 4.30pm tomorrow. More details here: https://t.co/jsEweOnIc7 pic.twitter.com/KkqnuIRW6H — Coadec (@Coadec) March 24, 2021 I’m certainly going to be on this call and listening to … Continue reading
Con Keating on Performance Fees and Illiquid Investments
This blog was written in response to Henry Tapper’s blog of Monday 21st March in which he raised the question: “I don’t understand why illiquids have to use performance fees.” As it happens, I had just written an opinion piece … Continue reading
The night London turned yellow – for the NHS and Pension Bee!
Last night , sights along the Thames were bathed in a yellow light. This is the scene as I ran down from Blackfriars Bridge. And as I passed the National Theatre And as I reached Trafalgar Square Yellow to remember … Continue reading
Why “pension raids” are not the priority for the Treasury
Yesterday’s “Tax-Day” came and went without a headline grabbing announcement on personal tax relief. I liked this reaction published in Professional Pensions Quilter tax and financial planning expert Rachael Griffin said the announcements were “a bit of a damp squib, … Continue reading
Do we value the money in our pensions?
It seems odd that something as universal as money, can be valued in such different ways. I am always surprised that my partner considers achieving discounts on her shopping a personal triumph while she is happy to squander fortunes … Continue reading
Pensions cannot afford to wait for the pensions dashboard
I have come to the conclusion, after 5 years of waiting, that the pensions dashboard is actually harming people’s capacity to manage their financial affairs. Supposed to launch two years ago, the chances of seeing a minimum viable … Continue reading
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Why should we want to incur high fees on our pension pots?
“Incurrence” is a bizarre word. It is mostly used in the investment markets and typically in relation to debt. It is used by the Pensions Minister in announcing the draft regulations that will enable DC schemes to voluntarily incur fees … Continue reading
Posted in pensions
Tagged carry, DWP, Hedge Fund Managers, performance fees, workplace Pensions
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Choosing strong pensions for your workforce.
In an earlier blog I explained by means of a metaphor about letting big trees grow by removing the deadwood from the forest, how Government is expecting to get people out of the grey box and into the yellow … Continue reading