Tag Archives: Bank

Another Sunday, another bail-out.

Posted on March 20, 2023 by henry tapper

Part one ; what’s going on with the banks? Just how confusing news of the take over of Credit Suisse by UBS appears is in this paragraph clipped from the FT’s overnight report on the matter. “This is no bailout. … Continue reading →

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Dad’s army could’ve done a better job!

Posted on May 20, 2016 by henry tapper

Until quite recently, the main sources of financial advice for small businesses were the accountant and the bank manager. The BOE’s Andy Haldane’s comments about the complexity of pensions look back to a day when these intermediaries were trusted “The … Continue reading →

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Let my money go!

Posted on February 19, 2015 by henry tapper

  I woke up to news that the Pension Play Pen RBS bank account can now be accessed by my iphone using fingertip security. Apparently mobile technology has outwitted clunky old pc technology which makes my thumb all that stands between … Continue reading →

Posted in advice gap, Pension Freedoms, pension playpen, pensions | Tagged , , , , , , , , | 2 Comments

The great pension bank robbery

Posted on October 15, 2014 by henry tapper

  I give 2 ½ cheers George’s pension package, the “½” being for the complex misrepresented “death-tax” changes which are regressive, complicated and could easily have been dealt with using inheritance tax legislation already in place. I give no cheers … Continue reading →

Posted in advice gap, annuity, auto-enrolment, NEST, Payroll, pension playpen, pensions, Pensions Regulator | Tagged , , , , , , , , , , , , , , | 3 Comments

Is there a productivity dividend from auto-enrolment?

Posted on September 23, 2014 by henry tapper

Pension PlayPen will give a leg up to anyone who’s trying – even some clapped out old bank that lost the trust of its customers long ago. So here’s some research produced by Barclays. I have written recently about the … Continue reading →

Posted in accountants, advice gap, annuity, auto-enrolment, pension playpen, pensions, social media | Tagged , , , , , , , , , , , , , , | Leave a comment

How pensions are impacted by the bank bonus culture

Posted on March 13, 2014 by henry tapper

State Street need something better than the “need and greed” culture that fostered these frauds and Mastertrusts and IGCs need something better than the toothless response to these excesses Continue reading →

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Don’t put your swaptions on the stage Mrs Redington!

Posted on December 16, 2012 by henry tapper

This post has been prompted by the very progressive @redingtontweets feed which recently asked it’s excited readership (Well me!) Would you be interested in a lower return on your #DC#pension in exchange for a perpetual floor of 80% of your #asset value? … Continue reading →

Posted in actuaries, auto-enrolment, Bankers, pension playpen, pensions, redington, social media | Tagged , , , , , , , | 6 Comments

Thank RBS for a Pension and Payroll lesson .

Posted on June 26, 2012 by henry tapper

The last few days have not been good for those relying on RBS – be it their own , their employers’ or of their creditors’ RBS bank account. We have become reliant on our banking system and as Robert Peston put it … Continue reading →

Posted in auto-enrolment, Bankers, Financial Education, Management, NEST, pensions, RBS | Tagged , , , , , , , | 7 Comments

Bought any good derivatives lately?

Posted on September 18, 2011 by henry tapper

Of course the banks aren’t going to put the kind of disclaimers that are meaningful within these products. Continue reading →

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I like annuities but I’m worried..

Posted on December 5, 2009 by henry tapper

Imagine it- the prospect of a 15-20% pay cut for the rest of my life and all because the Government changed the rules. Continue reading →

Posted in annuity, dc pensions, de-risking, EU Solvency II, pensions, Personal Accounts, Retirement, Treasury | Tagged , , , , , , , , , , , , , , , , , , , , , , | 2 Comments