Tag Archives: ft
Unions , trustees and private equity managers should have aligned interests.
The extraordinary thing about the FT’s conversation with outgoing CI of Calstrs , Christopher Cailman, is that a pension fund’s attitude to the behaviour of its privately owned investments , should be its front story. Calstrs – the Californian Teachers … Continue reading
“Welfare for the wealthy” – why Inheritance is staggeringly unjust.
This is one of the best discussions on inheritance tax I have read. Thank you John Burn-Murdoch. With all the gloom about the future of Twitter, it’s easy to forget what a brilliant way a twitter thread is to tell … Continue reading
2024 – the year of pension financing
2023 was a shitty year to be an investment banker. As one such told the FT over the Christmas period. “There is no stability, no investment, no growth in most banks — and there are likely to be more job … Continue reading
Five questions for 2024 – not from me – from him!
Christmas is a time for giving, so I’m giving-up pretending I know what is going to happen to markets and handing my blog over to Robert Armstrong and his Unhedged team who provide me with a daily read that helps … Continue reading
Job done for DB schemes?
The PPF Purple book was published this week and – as expected – it told a story of corporate DB funds in aggregate surplus. Toby Nangle’s FT article beautifully illustrates just how much a fourfold increase in gilt yields makes … Continue reading
Toby Nangle takes public sector pensions by the horns
Toby Nangle is a flagbearer for a new kind of pension journalism that reaches beyond the bubble to a wider audience. His work has been featured in the Financial Times and I’m pleased to see that he has a … Continue reading
SJP sees share price plunge 22% on the day.
This is not a blog about SJP but a blog about the FT’s coverage of SJP’s travails as they seek to respond to the FCA’s consumer duty without their business model cracking. The reporting is relentless and consistent and it … Continue reading
Why should we worry if people spend their pensions?
“It’s extremely worrying that so many more people are withdrawing funds from their pensions and at higher rates,” said Alice Guy, head of pensions and savings at investment platform Interactive Investor – (FT) The news is that we are spending … Continue reading
When ESG doesn’t work
Robert Armstrong’s email this morning is a cautionary tale to those who think that having an ESG strategy is enough. Clearly some ESG strategies are more successful than others. In the hope that Glencore feels some pain from people’s reading … Continue reading