Extending time horizons can ease short-term funding pressure, but it shifts risk toward younger members. Reform should make those intergenerational…
I've just come across this letter from Smithers, covering DB pensions in general and the USS in particular. https://smithers.co.uk/extending-the-liabilities-time-horizon-is-key-to-pensions-reform/
Great. A chance to nit-pick something from Steve Webb. The Married Woman’s Option finished in 1977, not 1978. SERPS was…
I was told by the Pensions Service, that if I divorced my husband before I retired, I would get a…
Tag Archives: finance
Can Reform reform?
“Why is Farage doing this to the people of Clacton? Are its voters really expected to become props in the great drama of Nigel and His Money? He seems to want to use his constituents as human shields to deflect … Continue reading
What makes a New Town “good” and how do we pay for them?
This is the video of the discussion we had yesterday with Con Keating and Thomas Aubrey The slides that accompany the video can be downloaded here or read from this slide share. This blog is the last in … Continue reading
In finance, HENRY ‘s for High Earners, Not Rich Yet. In Life , Richness doesn’t come from money
I have two people keen on reminding me why I may be less wealthy than I ought to be! I hadn’t meant to complain about my current state but clearly I have opened the door to those advocating self-improvement. Stay … Continue reading
Ideas from the USA; Arun and Brian sell me finance solutions for pensions.
I am bemused and amused by folk cleverer than me from the USA who offer me alternative ways to deliver real retirement incomes through wildly differing techniques. The first is Arun Muralidhar’s reminder to me that his president can (short-term) … Continue reading
Bim full of angst, on the market floor.
Bim’s speech yesterday lunchtime was so widely reported in the trade press yesterday morning, I’m surprised anyone bothered turning up. You can watch him here Bim Afolami wants a “capital renaissance” so that capital locked up in our pension schemes … Continue reading
The fine line between monetisation and exploitation
David Locke is the Director of Finance at The Royal Agricultural Benevolent Institution (RABI). He is a member of our Pension PlayPen linked in group and he’s a widely respected commentator on pensions – in particular the financing of … Continue reading
In 2024 we must start restoring confidence in UK investment
2023 was the year when the cost of living crisis spread from food banks to middle class bank accounts. Speaking to the FT, Bestinvest managing director Jason Hollands said: “People ultimately invest to achieve real world goals, including paying off … Continue reading
Michael, it’s not Auto-Enrolment’s that’s failing low-earners!
“Automatic enrolment is failing many low earners. Millions of them are both serial borrowers via consumer credit, paying APRs in excess of 30%, and auto-enrolled into default funds typically targeting an annual real return of under 3%. The DWP should … Continue reading
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
If not a house…what ?
This chart taken from Office of National Statistics Data – seems significant. It shows that in the period following the financial crash renting became the norm for young adults in the UK. Buying a house in your twenties was – … Continue reading
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Tagged finance, House, house prices, households, millenial, UK, young adult
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When taxation is retroactive it will change behaviour. Be careful with envy focused legislation promote real solutions to British poor…