Category Archives: Bankers
If we change to Private Markets then Private Markets must change too!
For the average saver, news that their investment returns will increasingly be from the private markets is akin to telling car-drivers that they are moving from 4 star (remember that) to unleaded petrol. So long as the pumps are primed … Continue reading
Posted in Bankers, Mark Carney, Pension Freedoms, pension genome, pensions, Public sector pensions
Tagged four star, petrol, Private Equity, unleaded
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Private equity funds workplace pensions should avoid
Venture capitalists are supposed to take risk- the clue is in the word “venture” which links them to a long line of entrepreneurs going back to the merchant adventurers who opened up new worlds – the Marco Polos, the … Continue reading
Posted in Bankers
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The Killing of Open Schemes – Michael Bromwich
Michael Bromwich has been the CIMA Professor of Financial Accounting at the LSE since October 1985 . He is the co-author of “Management accounting in a digital and global economy” and one of Britain’s authorities on the subject. His … Continue reading
Posted in Bankers, pensions, Pensions Regulator
Tagged Funding, LSE, LTO, Michael Bromwich, Open Schemes, pensions, Sharon Bowles, TPR
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Lords say “no” to the “dumping” of open DB pension schemes!
This blog pays tribute to someone of whom I knew nothing but a couple of weeks ago but who has made an extraordinary contribution to UK pensions by means of what should be known as the Bowles Amendment. The Bowles … Continue reading
Posted in Bankers, CDC, dc pensions, de-risking, DWP, pensions
Tagged CDC, DB, Liberal Democrat, pensions, Sharon Bowles
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Let’s not slide back into the swamp!
After what they must consider a “decent period”, the insurers and the bankers have reappeared from the slimy depths like Grendel out to wreak revenge on consumers protected too long by Europe. The insurance and pensions industry is calling for … Continue reading
Posted in Bankers, Big Government, Brexit, pensions
Tagged ABI, Beowulf, Brexit, FCA, Grendel, Grendel's mother, Lloyds Banking Group, Mifid II, Solvency II
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AI – can it help us retire?
We have known throughout human time that their is wisdom in crowds. Hunters followed paths created by their ancestors , ignoring the paths that didn’t help and focussing on those that did. We have ways of developing things from arrowheads … Continue reading
Posted in advice gap, artificial intelligence, Bankers, blockchain, doctors, pensions
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The impact of the Australian bushfires
If anything good comes out of the Australian bushfires, it will be an understanding of their impact on our planet . There are still those in Australia who claim that the bushfires could have happened at any time, but the … Continue reading
Dashboard? – we’re dash-less and bored!
The title was my summation of a discussion of dashboard progress over the past four years. We’d been talking about what the general public want and had landed on precisely the model illustrated at the top of the blog. … Continue reading
Posted in age wage, Bankers, customer service, Dashboard, dc pensions, pensions
Tagged CMA, IDG, MAPS, Open Banking, Origo, pensions
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Why pensions must bank on change! We need Open Pensions not a data monopoly.
Bounding on stage like he’d just won the 3.15 at Hexham, Guy Opperman exclaimed The occasion – a Prospect discussion called “Banking on Change; the discussion “what open banking could mean for you”. On an evening where BREXIT was whistling … Continue reading
Posted in advice gap, Bankers, Big Government, Blogging, pensions
Tagged Guy Opperman, Open Banking, pensions, Prospect
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“Do we need a dashboard- or just a pension finding service?” – Pension PlayPen lunch – Monday 5th Nov
Expect fireworks at the Pension Play Pen lunch on Monday. The derisory £5m budget dished out by the Treasury to fund the dashboard suggests we won’t get much more than a damp squib. But maybe the Treasury are right! Maybe … Continue reading
Posted in Bankers, pensions
Tagged Counting House, Dashboard, Firweworks, Lunch, Pension Dashboard, Pension Play Pen
4 Comments