Tag Archives: HSBC

No tomorrow for HSBC’s Tomorrow Master Trust

Posted on May 18, 2023 by henry tapper

Jo Cumbo broke the news that HSBC was winding up its master trust in the FT yesterday. The scoop was getting HSBC to make a statement to that affect, the market has known for some time. HSBC confirmed “the unwinding … Continue reading →

Posted in pensions | Tagged , , , | 1 Comment

HSBC tells us the problem – CDC gives us the solution.

Posted on December 3, 2022 by henry tapper

  The HSBC master trust has teemed up with Andrew Clare of Bayes Business School and Hymans Robertson to produce a report that tells us we currently have no good way of turning the pots we build up through auto-enrolment … Continue reading →

Posted in pensions | Tagged , , , | 2 Comments

Is value only in the eye of the beholder?

Posted on August 7, 2020 by henry tapper

Yesterday’s blog on the capacity of “value” to simplify pensions has solicited some strong comment and a very interesting debate on linked in I am  interested in the comments of Simon Ellis who has been assessing value in funds For … Continue reading →

Posted in advice gap, age wage, pensions | Tagged , , , , , | Leave a comment

Activism over activity – we want effective asset management.

Posted on November 22, 2016 by henry tapper

Reading the FCA’s Asset Management Market Study, you’d be tempted to give up on active asset management (to be frank you might to give up on investment funds altogether). Daniel Godfrey has a piece in the FT claiming that the … Continue reading →

Posted in IGC, investment, pensions | Tagged , , , , , , , , | Leave a comment

Is the Green tide stronger than one man?

Posted on November 15, 2016 by henry tapper

  In the past few days the Paris Treaty has been ratified. One man, Donald Trump, has threatened to put the short term interests of his country above the longer term interests of the globe. Neither we nor his citizens … Continue reading →

Posted in actuaries, pensions | Tagged , , , , , , , , | 5 Comments

What rights do banking customers still have?

Posted on July 11, 2016 by henry tapper

I received a letter out of the blue from Scott Miller, Head of Customer Services at Barclays. It’s a pro-forma and it included a new credit card, if it hadn’t, I’d have not read it. Not so great I thought, … Continue reading →

Posted in Bankers, pensions | Tagged , , , , , , , , | 8 Comments

Fuel, effeciency and our pensions!

Posted on May 11, 2016 by henry tapper

    Yesterday , Legal and General Investment Management ran a seminar in the City at which asset owners (pension trustees) and asset managers (LGIM) discussed harnessing the new technologies that give us everything from Tesler Cars to Hive and … Continue reading →

Posted in pensions | Tagged , , , , , , , , , | 4 Comments

What’s the point of banks?

Posted on June 9, 2015 by henry tapper

News that the HSBC is to slash it’s costs by $5bn. spells trouble for 6,000 British workers and their families. It will probably be seen as good news to the shareholders of the bank but what of the customers? There was … Continue reading →

Posted in Bankers | Tagged , , , , , , , , , | 1 Comment

The pernicious power of financial advertising

Posted on February 18, 2015 by henry tapper

The incendiary resignation letter from Peter Oborne cites the removal of articles from the Telegraph’s website , claiming the articles went because of pressure from HSBC as a major advertiser. Buzzfeed have the story (and the article( here). I know … Continue reading →

Posted in advice gap, auto-enrolment, First Actuarial, Pension Freedoms, pension playpen, pensions | Tagged , , , , , , , , , , , | 2 Comments

Who’s been sleeping in my bed? Shocking stuff on stock lending.

Posted on March 2, 2013 by henry tapper

Storage companies do not lend out your property, but fund managers do! Continue reading →

Posted in dc pensions, Fiduciary Management, Financial Education, First Actuarial, NEST, pension playpen, pensions, stock lending | Tagged , , , , , , , , , | 9 Comments