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Category Archives: Fred Goodwin
And it was all going so well…
Like a cobra poking it’s head out of the Fakir’s basket, like Nessy sticking its neck out of the Loch, the black mortality line is a stark reminder for those who think they’ve got away with it, that Covid-19 is … Continue reading
Posted in coronavirus, Fred Goodwin, pensions
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Has Webb scotch’d the commission snake – or killed it?
All the advisers needed to do was to make promises. They did not have to keep them. Continue reading
Posted in annuity, Fred Goodwin, pension playpen, pensions, poetry, Treasury
Tagged Employment, FCA, Financial Conduct Authority, Financial services, Office of Fair Trading, OFT, pension, Steve Webb
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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 Asset management, Business, Financial Services Authority, Funds, Investing, Investment management, Securities lending, Switzerland
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Reformation The Mallowstreet Party
Vincent Franklin looked out from what used to be the roof of City Telephone Exchange. The Exchange (according to Con Keating) had walls fifteen metres thick and had been built to withstand a nuclear bomb. They’d pulled it down to … Continue reading
Posted in Bankers, Change, Church of England, corporate governance, economics, Fred Goodwin, leadership, mallowstreet, Olympics, Olympics 2012, pension playpen, pensions, redington, Retirement
Tagged Business, dc pensions, Financial services, Human Resources, pension playpen, Pension Poverty, pensions, Retirement, Society
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Don’t blame Stephen Hester – we made his rules.
If anything is to be learned from current events, it needs to be learned about how the rules are established (not whether they are applied). Continue reading
Can no one rid me of this meddlesome priest?
The running gag is that the Church of England’s the Tory Party at prayer and if there’d been a Tory party in 1170 I reckon they’d regard Giles Fraser and Thomas Beckett as peas from the same pod. My Sunday … Continue reading
Posted in Bankers, Church of England, Fred Goodwin, Occupy London, Treasury
Tagged Church of England, Giles Fraser, Independent, London, Occupy London, St Paul's Cathedral, Sunday, Tory
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What to do with Fred Goodwin’s refunded pension
Of course it’s only been a decade or so since RBS bought Natwest and you can’t expect integrated systems or customer services overnight. So I’m prepared to forgive RBS for forgetting about customer service, after all they are a mighty investment bank and one that as a nation we can all be proud of.
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Posted in Fred Goodwin, RBS
Tagged cheques, Fred Goodwin, NatWest, personal banking, RBS, retail banking
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