Tag Archives: debt
House owners, enjoy your pension ; renters feed your landlord
Let’s not kid ourselves about the price of our house rising fast enough for us not to have to think about savings, it’s just not like that anymore Yes houses have gone up over the past five years in absolute … Continue reading
Thames Water shareholders write down to zero, how did it come to this?
This week, we heard that Pension Fund OMERS, which owns 31% of Thames Water has written the value of this holding to £ zero. We expect other shareholders including the UK’s USS pension scheme which owns c 20% – to … Continue reading
Time for trustees to “do a Sarah Breeden” – thoughts on the craze for secondary lending.
Deputy Governor of the Bank of England , Sarah Breeden is reported to be concerned Sarah Breeden has called for more research into non-bank lenders to stave off a “credit crunch” that could be triggered by a retreat of hedge … Continue reading
Why the world’s biggest pension wants a $30bn overdraft
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
Private equity needs purpose (not debt)
Writing in the FT this weekend John Plender observes Because asset managers in public markets are widely assessed against index benchmarks, they engage in momentum trading, constantly have to chase stocks that are rising strongly but in which they … Continue reading
Jubilee thoughts on the forgiveness of debt
You can cope with increases in your fuel costs, the price at the pump, the supermarket bill. But do you know some who might be struggling? Do you know some who may be finding it hard right now, might you … Continue reading
Michael Johnson – the best spokesperson pensions never had
I can understand why Michael Johnson is so angry, he has missed the boat and he knows it. In 2013 he wrote a paper promoting the dashboard as a small pot aggregator and here he is in 2016 telling the … Continue reading
Saving our way to a fairer society..
Thanks a second time to Michael Johnson for asking a salient question about recently published data If we compare four months in 2019 and 2020 we see a £20.5 billion behavioural swing: At the end of February 2020, total outstanding … Continue reading
Can MaPS be our national wealth service?
There were two very good comments on my blog on MAPS’ recent webinar. My thrust was that MAPS is not behaving as it should and that it should be acting as the financial arm of our NHS – with acute … Continue reading
Posted in advice gap, age wage, pensions
Tagged debt, MAPS, national wealth service, pensions
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Is MaPS creating a UK Financial Wellbeing Movement?
At this time of crisis , we need to be deploying our resources to meet the immediate needs of our customers and MaPS should be no different Continue reading
Posted in age wage, pensions
Tagged advice, annuity, auto enrolment, Business, debt, Debt management plan, DWP, MAPS, Pensions
2 Comments