Tag Archives: capital

Is “Impact Investment” serious? It should be to our pension funds

On Tuesday, we’re having a debate on how we pay for New Towns in the UK. I have been thinking about alternatives to hiking up gilt yields by borrowing from the Exchequer. What’s needed is impact investment and that can … Continue reading

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White and black swans and Canadian geese (pension lessons from the Thames)

It is a beautiful June morning with hundreds of Canadian geese on the river;  and a single black and white swan. My partner is sailing off the coast of Portugal and I am seeing allegories in the combinations of wildfowl … Continue reading

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Riverside allegories for global flows of productive capital

It is a beautiful June morning with hundreds of Canadian geese on the river;  and a single black swan and a single white swan. My partner is sailing off the coast of Portugal and I am seeing allegories in the … Continue reading

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Can investment do the trick? Nigel Wilson’s study of the Capital Markets of tomorrow

I have spent the early hours of a Saturday morning reading and absorbing the excellent report from the Capital Markets Investment Task Force “Capital Markets of Tomorrow“. It’s prep for my writing a response to the Treasury’s call for evidence … Continue reading

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Labour moves to re-capitalise pensions

Within three weeks from taking power , the new Government has Announced a Pension Schemes Bill Created a review of workplace pensions Re-written the rules for capital backed pensions. The consistent theme throughout is “capital”. Pensions are considered a store … Continue reading

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Truell on Truell, pensions and the power of capital

This morning I will be talking with Edi Truell on the power of capital to put funded pensions right. The event is at 10.30am and the “coffee morning” lasts an hour. If you are a subscriber to the pension playpen … Continue reading

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TPR look at ways to help schemes “run on”.

Developments in the defined benefit alternative arrangements market 27 November 2023 / Mike Birch Protecting savers and supporting innovation are central to our work. In line with this, we are working closely with providers in the market to explore alternative defined benefit … Continue reading

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Picking an IFA who’ll stay the course.

  My friend John Quinlivan is fond of asking me “capital or covenant?” He means me to answer whether my business case is  based on the weight of money I can call on , or my trust that I am … Continue reading

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We have “capitalism without the capital” – we should be patient!

It’s budget day and Nigel Wilson has been on Wake up to Money, urging the Chancellor to encourage Britain to invest positively for its future. He tells us that Britain has “Capitalism without the Capital”, he’s right and I’m with the … Continue reading

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Cash beats shares for capital gains (but not for pensions).

Paul Lewis has produced a brilliant study that shows how the outcomes of investing a capital sum in cash would have been better than investing in shares over the past 21 years. Paul is right, the numbers do  not lie and … Continue reading

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