Tag Archives: debt

Time for trustees to “do a Sarah Breeden” – thoughts on the craze for secondary lending.

Posted on February 27, 2024 by henry tapper

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 →

Posted in pensions | Tagged , , | 1 Comment

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 →

Posted in pensions | Tagged , , , , | 4 Comments

Private equity needs purpose (not debt)

Posted on November 12, 2023 by henry tapper

  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 →

Posted in pensions | Tagged , , | Leave a comment

Jubilee thoughts on the forgiveness of debt

Posted on June 2, 2022 by henry tapper

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 →

Posted in pensions | Tagged , | 1 Comment

Michael Johnson – the best spokesperson pensions never had

Posted on January 4, 2021 by henry tapper

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 →

Posted in pensions | Tagged , , , | Leave a comment

Saving our way to a fairer society..

Posted on December 14, 2020 by henry tapper

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 →

Posted in advice gap, age wage | Tagged , , , , | Leave a comment

Can MaPS be our national wealth service?

Posted on March 20, 2020 by henry tapper

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 , , , | 1 Comment

Is MaPS creating a UK Financial Wellbeing Movement?

Posted on March 19, 2020 by henry tapper

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 , , , , , , , , | 2 Comments

Houses are for living in – pensions are for life! An answer to financial economics.

Posted on August 17, 2018 by henry tapper

“the river of private pensions in the UK will only get shallower as it widens out to include so many more of us”  – Steve Bee Steve’s metaphor is so precise, so visual and so elegantly conveyed that this quote … Continue reading →

Posted in pensions | Tagged , , , , , | Leave a comment

NEST needs you!

Posted on June 17, 2018 by henry tapper

Interested in influencing how NEST works for members? News reaches me that the NEST Member Panel is recruiting and looking for hard working, conscientious , pension loving folk like us. You can apply for this position online up to and … Continue reading →

Posted in NEST, pensions | Tagged , , , , , , | 1 Comment