Tag Archives: Infrastructure
An example of pension funds keeping the NHS going?
If only we could see more headlines like this! The news comes at a time when it is evident we need investment in NHS property. I am not snobbish about the LGPS (greater Manchester) employing Black Rock to get work … Continue reading
Administration as Critical Infrastructure -KGC Associates (pt. 4)
This is the fourth of a series of articles from KGC Associates. Once again thanks to Hayley Mudge. What consolidation means for system-wide resilience Across the UK pensions industry, administration has historically been treated as a supporting function, essential, but … Continue reading
Work Pensions do deals NOW in UK private markets (not just offer LTAFs).
While the ABI hurried out a paper I wrote about over the weekend saying insurers had invested next to nothing (0.24% of £268bn) in retail workplace pensions (around £650m), institutional investment is a different matter for organisations seeing investment as … Continue reading
Posted in pensions
Tagged Housing, Infrastructure, L&G, LTAF, LTAFs, NEST, workplace
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Scale improves VFM but not a pension’s capacity to invest long-term
I’ve had an intriguing question from a friend, perhaps prompted by my recently published submission. What proportion of PSH assets would be in Private Equity or infrastructure? To what extent would the latter vary at different amounts of AUM? Private … Continue reading
Christmas – subject to railways
Christmas is the time when families get together . To do that, people have to travel and for most of us, the choice to do so is by car or by public transport. Yet more disruption due to broken industrial … Continue reading
Investing in illiquids requires better information
Conversations about illiquid investments have been continuing for some time. My interest in what has become a key element of Government thinking was sparked by this excellent conversation at a Hymans Robertson conference in January I’m impressed by a … Continue reading
Can pensions impact for good? They’ve no choice but to.
Pension funds balk at No 10 appeal to fuel UK investment boom https://t.co/jTpJz8qNMU — Josephine Cumbo (@JosephineCumbo) September 27, 2021 Reading Jo Cumbo’s excellent article on the reaction of fund and pension scheme managers to Johnson and Sunak’s call for … Continue reading
The conversion of the Pension Plowman
I had a bit of a ding-dong with Guy Opperman earlier in the year when I disagreed with him about getting illiquid investments into our workplace pension “Backing annuities – yes, backing DB scheme pensions -yes, but shoe-horned into DC … Continue reading
Posted in actuaries, advice gap, dc pensions, DWP, pensions
Tagged ESG, Impact investment, Infrastructure, Private Equity, social purpose
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Who are the 200,000 people petitioning for the pensions dashboard?
It won’t be long till 38 degrees’ campaign to save the pensions dashboard hits its target of 200,00. Today, the campaign was given a boost by publicity in the Financial Times by the ever-excellent Jo Cumbo. The FT’s headline … Continue reading
Posted in pensions
Tagged 38 degrees, chris sier, DWP, Infrastructure, internet, jo cumbo, Pension Dashboard, pensions, Politics, Technology
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The Financial Scientologists
Paul Lewis is absolutely right in attacking the dogmatism that religion creates. People may be spiritual, without imposing their views on others, but when someone’s dogma overtakes their sense of humanity, they become strangely inhuman. This is what accounts … Continue reading
Posted in actuaries, Bankers, pensions
Tagged Infrastructure, John Ralfe, Malvolio, Paul Lewis, pensions, Scientology, USS
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