Category Archives: investment

In denial and in disgust – investment consultants and the FCA.


I went to the Vuelio blogger awards last night, which was fun, young, female and loud. I learned that I am unusual in not making money out of my blog and that I could make this a mobile advertising platform for … Continue reading

Posted in investment, pensions | Tagged , , , , , , , , , | 3 Comments

Activism over activity – we want effective asset management.


Reading the FCA’s Asset Management Market Study, you’d be tempted to give up on active asset management (to be frank you might to give up on investment funds altogether). Daniel Godfrey has a piece in the FT claiming that the … Continue reading

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The Transparency Zeitgeist is upon us


I am a frugal man, the £3.50 I paid for this morning’s FT was grudgingly passed to my newsagent. But I wanted to capture the headline and read about Josephine’s reporting of a meeting with my friends Andy Agethangelou and … Continue reading

Posted in accountants, Henry Tapper blog, investment, pensions | Tagged , , , , , , , , , , , , , , | 1 Comment

To understand value, get a grip on price


Workplace pensions are not priced as they seem. When an employer chooses a workplace pension, he/she sees member borne charges and employer charges. The employer charges are paid by the employer as fees (anything from £0 -£1200 pa, member borne … Continue reading

Posted in IGC, investment, pensions | Tagged , , , , , , , | 3 Comments

IGCs – a final reckoning


Here is a summary of the IGC reports analysed on this blog. If you want to read my assessments in detail, please use the search engine. I have segmented the blogs as you can see. It may be unfair to … Continue reading

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Why assume gains before they are earned? (guest blog by Ralph Frank)


  Downturns in financial markets have been known to trigger bouts of introspection.  Current markets seem to be no different in this regard.  Some investors have seen their carefully crafted plans blown off course, possibly not for the first time, … Continue reading

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Paying for other people’s pensions


I’ve said it before on this blog, but I’ll say it again. The amount of Council Tax many people pay to fund other people’s pensions exceeds their own contributions into pensions, even when they’ve been auto-enrolled into “workie”.   “You … Continue reading

Posted in de-risking, Financial Education, governance, infrastucture, investment, leadership, pensions | Tagged , , , , , , | 3 Comments

Can the pension insurers win back their customers’ respect?


IGCs are ours to use and not the insurers to castrate. Continue reading

Posted in governance, investment, later life, leadership, Pension Freedoms, pension playpen, pensions | Tagged , , , , , , , , , | 4 Comments

“Good Governance – Bad Governance” – the Aberdeen Conference


I’ve been working hard so I gave myself the luxury yesterday of half a day off to find out about how good governance can help investors get more from their investments. Forget the swanky surroundings and the top-dollar grub, this … Continue reading

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Terry Smith – What I have learned from Fundsmith in the Past Five Years


Fundsmith is my favourite fund manager. Like Aberdeen (another favourite whose conference I’m going to today), it is an organisation with a strong purpose (moral and social). Terry Smith is an extraordinary man who’s views are always worth reading. He … Continue reading

Posted in investment, leadership, Management | Tagged , , , , , | 3 Comments