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
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
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
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
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
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
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
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
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
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