Tag Archives: Deutsche Bank

“My word is my Eurobond” – pensions without banks

We have become so obsessed with the paradigm created by Megabank that we consider a “limited level of positive return..guaranteed” something to aspire to. Continue reading

Posted in Bankers, dc pensions, defined aspiration, pensions | Tagged , , , , , , , | 3 Comments

More pensions nonsense from the “investment community”

  How have have the people who invest pension funds become so out of touch with the people who retire from them? This question occurred to me several times yesterday as I listened to a large numbers of charming and intelligent people … Continue reading

Posted in Bankers, Change, dc pensions, defined aspiration, Public sector pensions, Retirement | Tagged , , , , , , , | 9 Comments

General Melchett revisited

An interesting picture is beginning to emerge which suggests that the subjective satisfaction scores given by schemes in relation to their consultant may be inversely related to the value delivered through default solution design Continue reading

Posted in dc pensions, de-risking, Liability Driven Investment, NEST, pension playpen, pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , | 14 Comments