Category Archives: pensions

Why we have actively managed funds


The FCA’s Asset Market Study is written with certain corrective bias’ and it should not be taken as the last word on the active/passive debate. A central focus is on the allocation of savings, particularly long-term retirement savings, to active … Continue reading

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The Alternative Fact? REPENT!


Vanity’s vulnerability Trump’s weak-spot has been exposed over the weekend. Confronted with photographic evidence that his Inauguration was not as well attended as his predecessor’s, he set his press team to work creating alternative facts. The American dictionary Webster tweeted … Continue reading

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Is there a propoganda war against active funds?


    The tweet set the scene. Funds Fanatic had complained that the FT were reporting the HL numbers disparagingly. Certainly the FCA would agree with the FT that more Hargreaves Lansdowne investors should be using passive funds. Funds Fanatic is the … Continue reading

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Of discontents and malcontents


  Discontent is the first necessity of progress – Thomas A Edison. The negativity that surrounds “Washington” and a the feeling that politicians have let America diminish , spawns Trump and the ambiguos promises we had in his inauguration speech. … Continue reading

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Trump #Inauguration – fake views


Touchstones When I don’t know how to react to something, I follow the behaviours of people who do. It is a very good dictum! Trouble is ,some of the time, I think I know how to react and end up adopting positions … Continue reading

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Diversity, Narratives* and Pensions (Con Keating)


This blog first appeared in Professional Pensions, if you’ve read it before, read it again. “What we observe is not nature itself, but nature exposed to our method of questioning.”    W. Heisenberg, Physics and Philosophy: The Revolution in Modern … Continue reading

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A suffocating man craves the foulest stench.


Such is the pressure on trustees and sponsors of our defined benefit schemes to appear solvent, that they welcome the transfer of their potential pensioners to “cash” as a suffocating man breathes fetid gas. It is within the capacity of … Continue reading

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Pension Wise+Pension Dashboard=?


You’ve probably seen the splurge of advertising for Pensions Wise, as it eases towards a new brand. Odd! Someone’s got a budget to burn! In a couple of months we’ll have a new brand and a whole load more rules … Continue reading

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DB pensions; experts are the problem, people are the answer.


  The best thing (for me) about going to the international Longevity Centre’s launch of their study of DB deficits was John. I’d seen him when I walked into the committee room in the House of Lords, he had his … Continue reading

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Insuring too much for living too long


I went to an interesting debate this morning about the DB deficit crisis (what crisis?). A number of interesting things emerged, such as a statement that a pension scheme cannot get a real return on its investments. I looked at … Continue reading

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