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Tag Archives: Economy
Global and UK Economic Recovery up to September 2020
Covid-19.arg Global and UK Economic Recovery up to September 2020 COVID-19 Actuaries Response Group – Learn. Share. Educate. Influence. Summary There are clear signs of economic recovery in the UK following the lockdown between March and June, as … Continue reading
Posted in advice gap, coronavirus
Tagged actuaries, Business and Economy, Covid-19, Economy, Joseph Lu
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Death by discount rates
Q: When is a million dollars not a million dollars? A: When it is not yet a million dollars. The pensions business is all about the long term. Fund managers like me are responsible for ensuring we have sufficient funds … Continue reading
What has COVID-19 done to our economy? How can we recover? – Joseph Lu
What has COVID-19 done to the economy? The UK’s economy started the year with a rising stock market and house prices, said to be the continuation of a ‘Boris Bounce’ after a landslide election win that inspired business activity. … Continue reading
Posted in coronavirus, pensions
Tagged actuaries, Actuary, Covid-19, Economy, Joseph Lu, UK
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Do you work in the bullshit economy?
Stefan Stern has kindly shared an opinion piece he’s written in the Guardian, which I like very much. You can read it for free here (thanks to the Guardian’s enlightened sharing policy) Five years ago, Stella and I moved back … Continue reading
Posted in Occupy London, Politics
Tagged bullshit, Economy, Guardian, Sports, Stefan Stern, Work
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Respect for the self-employed
It’s a truth as old as the hills that there are two types of self-employed. Those who choose to be and those who have no choice. Most people who read this blog have more experience with the “professional” classes who … Continue reading
Posted in pensions
Tagged DWP, Economy, Government, HMRC, Matthew Taylor, National Insurance, Paul Lewis, pensions, RTI, UK
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Buildings for the future -time to spend cheap money.
I am with Nigel Wilson on this “QE was designed by the rich for the rich; it drove up the price of assets rather than creating new ones and there has never been so much money available as today”, It’s … Continue reading
“Britain’s future is brighter than the British realise!” – Dr Pippa Malmgren
This is a blog by Pippa Malmgren. I met her through the good folk at Mallowstreet and she is my favourite economic commentator bar none. So I’m really pleased she’s agreed for me to republish this remarkable work here. … Continue reading
BREXIT – big business hysteria has to stop – Stephen Kelly – Sage.
The tale of Chicken Little was a Kelly bedtime story favourite – and in recent days in post-referendum Britain, some of our leaders seem to have taken a lead from the famous farmyard fable. In the story, Chicken Little … Continue reading
Posted in pensions
Tagged Brexit, chicken Little, Economy, EU, June 23rd, Sage, SME, Stephen Kelly
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What is the goal of good management?
Discretion is the better part of valour- they used to say. Then along came social media and discretion is not the kind of word that you use when you only have 140 characters at your disposal. Some thought that the … Continue reading
“A fair and lasting settlement”; public sector pensions
Paul Johnson and the Institute of Fiscal Studies have done the numbers and, to nobody’s surprise, have concluded that the long-term cost of public sector pensions in terms of “pensions out” will be about the same under the new regime … Continue reading
Posted in de-risking, pensions, Public sector pensions
Tagged Consumer price index, CPI, Danny Alexander, Economy, Government, pension, Private sector, public sector, Tom McPhail, Trade union
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