Tag Archives: Business

Whatever became of inter-generational solidarity?

Posted on April 9, 2024 by henry tapper

Intergenerational solidarity is best understood within the context of shared expectations and obligations regarding the ageing of individuals and the succession of generations. This contract across generations and age groups represents the norms operating at the micro- and macro-levels of social … Continue reading →

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Port Talbot needs a plan B

Posted on January 19, 2024 by henry tapper

I’m not going to try and to compete with the BBC, Its reporting on the announcement that the blast furnaces at Port Talbot will be closing and 3000 jobs will be lost at Tata Steel, is magnificent.  Give this a … Continue reading →

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Why the world’s biggest pension wants a $30bn overdraft

Posted on January 6, 2024 by henry tapper

Overnight one of the biggest #pension schemes in the world set out plans to borrow up to $30bn, to avoid firesales of assets, in times of market stress. Calstrs, the $317bn California-based #pension fund, is a big investor in illiquid … Continue reading →

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Time has moved on – and so must HMRC . Ark pension fraud (pt. 94)

Posted on January 5, 2024 by henry tapper

Good for the FT for giving publicity to the ongoing agony of the Arc pension fraud victims. This is a specialist pension blog and so has covered the fraud many times over the years. Sue Flood has had her testimony … Continue reading →

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Are bonds “productive finance”?

Posted on November 2, 2023 by henry tapper

A little group of us are having a  vigorous debate about the definition of productive finance and what falls within its scope. I have taken as my starting point, the definition  from Barry Kenneth – CIO  at  the PPF   … Continue reading →

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Private equity in open ended funds, can’t avoid the law of gravity

Posted on October 28, 2023 by henry tapper

Here is an important article  published in the FT that questions the validity of the valuations of private equity , especially as it impacts the pensions we get. A credibility problem for pension schemes The FT team who wrote the … Continue reading →

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Putting our money where the Chancellor’s mouth is.

Posted on October 21, 2023 by henry tapper

  After a week of hearing how hard it will be to invest in growth capital. I am relieved to hear that the British Business Bank is planning to help pension funds invest in venture capital using its considerable  intellectual … Continue reading →

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Curiouser and curiouser – small pots the real agenda (Will Watling)

Posted on July 26, 2023 by henry tapper

This blog, written by Will Watling on 25 July 2023,  sums up the frustration of those who have committed time to developed the  infrastructure to let pots follow members., The blog can also be found on Altus’ Website and on social media Those … Continue reading →

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The pension investment debate – where we have got to?

Posted on May 30, 2023 by henry tapper

Pensions are now center-stage in Britain’s economic debate. The assets within our DC and DB pension systems are openly discussed by politicians , the think-tanks and in the press. The immediate future of UK pensions has been opened to debate … Continue reading →

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Will the PLSA recognise the pension investment agenda has changed?

Posted on May 29, 2023 by henry tapper

For a second time in a row, a PLSA  Conference will take place at a time of national debate about the impact of pension investment on the economy. The last Conference in October coincided with the BOE’s purchase period of … Continue reading →

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