Tag Archives: equities

The rage of uncertainty – One UK saver’s not cashing out!

Posted on January 2, 2024 by henry tapper

It’s not the kind of headline you want to read as you go back to work (hi- how were your holidays?). The money managers in question appear to be American and very big. They are becoming even richer by skimming … Continue reading →

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Why buy equities? – Con Keating’s shortest blog

Posted on October 28, 2023 by henry tapper

In his presentation to the Chartered Institute of Securities and Investment conference on Risk and Uncertainty, Jon Exley made the case, eloquently and at length, for using bonds to match pension liabilities. This argument is rooted in the “Law of … Continue reading →

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Thames Water – do consumers take priority over bond and shareholders?

Posted on June 30, 2023 by henry tapper

This blog is about the competing interests for the long-term revenues of Thames Water. JP Morgan have furnished the FT with a chart showing who owns what at Thames Water. It shows USS owning 9.1% of the equity , though … Continue reading →

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Long term asset returns (a picture tells a thousand words)

Posted on April 4, 2023 by henry tapper

A picture tells a thousand words, my blogs are a thousand words long. So I’ll leave this one at that.

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Has this crisis broken your pension pot (and can it be mended)?

Posted on October 9, 2022 by henry tapper

Ever the optimist, I kick off with an image of a pot that has been broken and becomes a thing of beauty. For many of us DC pension pot holders, this is devoutly to be hoped for. Though for some, … Continue reading →

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Are we in a stock market crash?

Posted on January 24, 2022 by henry tapper

I’m not bothered about market corrections, I live on wages and pensions not on drawdowns from equity funds. But most people I know of my age or above, are dependent on the markets for their income and they are right … Continue reading →

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Why do DB transfer values make me sick?

Posted on August 29, 2019 by henry tapper

One of the things ordinary people find hardest to work out is why their share of a defined benefit scheme can go up when stock markets go down. This happened last month where the stock market fell. But in August, … Continue reading →

Posted in actuaries, advice gap, BSPS, FCA, pensions | Tagged , , , , , , , | 8 Comments

Catch a falling knife?

Posted on February 6, 2018 by henry tapper

For the first time since we had pension freedoms , we have a market that appears out of control. As I write, the London Stock Exchange is preparing to open, with the FTSE lagging the S&P by 2.5%. We are … Continue reading →

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We do not restore confidence on our own – we do it together

Posted on November 27, 2017 by henry tapper

Today we see the launch of the Government’s new industrial strategy.  Five Live’s “Wake up to Money” program came from the white heat of a Coventry industrial research plant. Last week Nigel Wilson called for us to put back the Capital into Capitalism … Continue reading →

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Are bonds “suitable” assets to meet the promises of a pension plan?

Posted on September 11, 2017 by henry tapper

    Pension funds are struggling to find suitable assets in which to invest, says Pat Race of KPMG in an article in FTfm. The headline of the article is that “North American Pension Funds grow assets faster than their … Continue reading →

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