Monthly Archives: December 2023
In 2024 we must start restoring confidence in UK investment
2023 was the year when the cost of living crisis spread from food banks to middle class bank accounts. Speaking to the FT, Bestinvest managing director Jason Hollands said: “People ultimately invest to achieve real world goals, including paying off … Continue reading
Different language, same problem (Pesos, Pots and Pensions)
It seems that the Chilean pension system, held up in the early days of my career as the model for emerging markets and by some for Britain, is not delivering the expected outcomes , meaning that Chileans who started saving … Continue reading
Alastair Meeks’ “meek and mild” pension outlook – meets Con Keating
This blog has been sent me by Con Keating and is published on his behalf. Thanks to both him and Alastair In the run-up to Christmas Alastair Meeks of Zedra wrote three short thought-piece blogs on the future of private … Continue reading
Let’s stop supplying our competitors and grow our own
There is a great deal of political and economic agreement about the source of our economic stagnation. The agreement is that we are not “growing our own” but sending the beans of economic success to America and elsewhere. To put … Continue reading
No death without taxes
I am listening to a stupid article on the radio about “re-gifting” (the reason I don’t listen to radio 4 except when at the family home). I am trying to read an article on another kind of regifting, IHT abolition. … Continue reading
A helping hand towards a better (state) pension
It’s not often that people choose to pay tax voluntarily, but new figures from HMRC show that people have been queueing up to give the Government their money in the form of voluntary NICs – over a third of a … Continue reading
We generally speculate with our money- not with other people’s
Why do we take risks? The common answer is that you have to speculate to accumulate. I met a young man at Wincanton racecourse yesterday afternoon and he’d had a good day making more than £1,000 on his betting. I … Continue reading
Recycle the theatre of dreams?
Being with my very conservative family in Dorset , I am enduring the Daily Telegraph which arrives each morning – courtesy of a pleasant lad called Alex who delivers it on a bicycle. I am surprised that so much money … Continue reading
The push-me-pull you trustee
Andrew Warwick-Thompson writes a push-me-pull- you article in Corporate Adviser about the investment of DC assets in private equity. Which concludes… In summary, the Mansion House Compact has stimulated welcome debate about DC schemes investing in private assets. However, caution … Continue reading
2024 – the year of pension financing
2023 was a shitty year to be an investment banker. As one such told the FT over the Christmas period. “There is no stability, no investment, no growth in most banks — and there are likely to be more job … Continue reading