Tag Archives: Investment
Time for the master-trusts to show their investment mettle.
I have a problem with the accountability of master trusts for their investment outcomes. To my knowledge, only NEST (in Mark Fawcett) has an appointed individual responsible for the member’s investment outcomes. Other master trusts may have internal accountabilities, but … Continue reading
Posted in pensions
Tagged CIO, Investment, master trust, mettle, NEST, NOW, pension, People's Pension
4 Comments
Why save more unless we’re told how we’ve done so far?
I am very excited. I’m excited because I am at last seeing a way to get information on pensions to the people to whom it matters, ordinary people including the small employers who have currently little access beyond that they … Continue reading
Myopia and the alternative fact
Not all prejudice is ill-intentioned, I know the author of this comment on a recent blog. He is not ill-intentioned – just short-sighted. There is no one interested to have defined benefit pensions in the UK. They are seem as … Continue reading
Posted in pensions
Tagged Beveridge, DB, dc, Government, Investment, Plan, retail, Savings, Treasury, Vision
2 Comments
End of the road for LDI?
Thanks to those brave souls who braved “Southern”, the tube strike and filthy weather to attend yesterday’s lunch which asked “has LDI had its day?”. One answer to that question was clear, I learnt that the top performing asset class … Continue reading
Posted in pensions
Tagged Bank underground, Blog, Bonds, Investment, Japan, LDI, Liability Driven Investment, opportunity cost, speculation, Value at risk, VAR, yield
1 Comment
If past performance doesn’t matter- what does?
Performance measurement is a deeply unpopular science. If there is one phrase that financial services has given to popular parlance it’s that “Past performance is no guide to the future” This worthy sentiment would ring hollow to the person transferring … Continue reading
Posted in pensions
Tagged defaqto, first actuarial, Investment, NEST, pensions, Performance, Standard Life, workplace Pensions
6 Comments
The curse of the transfer value!
There is a curse to having money that was bequeathed us by the later Chancellor. It is called “freedom” and it applies to the rights that baby boomers have in final salary schemes. It’s not just those in their fifties, many … Continue reading
Taking possession; how’s Workie performing ?
There’s an urban (pension) myth that it’s not until your pension is worth as much as your car that you take any notice of it. My car has been written off twice and has a scrap value of £1000 so … Continue reading
Posted in auto-enrolment, pensions
Tagged defaqto, first actuarial, Investment, NEST, pension playpen, Performance, Workie, workplace pension
1 Comment
Want to know about investment risk? Quietroom’s “difficult second video”!
The good people at Quietroom have come up with another classic. I have to admit to having a bit part – I was the idiot who they asked to edit their script – as if! I think it is a … Continue reading
Posted in pensions
Tagged classic, edducation, employer, financial education, IFA, Investment, Risk, staff, Vimeo
3 Comments
Cash beats shares for capital gains (but not for pensions).
Paul Lewis has produced a brilliant study that shows how the outcomes of investing a capital sum in cash would have been better than investing in shares over the past 21 years. Paul is right, the numbers do not lie and … Continue reading
Posted in pensions
Tagged Bonds, capital, Cash, Derek Benstead, equities, Investment, ISAs, Paul Lewis, pension, pensions, shares
2 Comments
Phoenix and its heroic IGC
Not a job for the boys Of all the duff jobs out there, being Chair of the Phoenix IGC must rank high in the pantheon. Phoenix is a shell company that over the years has acquired a number of life … Continue reading
Posted in IGC, pensions
Tagged Business, Chair, Costs and charges, David Hare, governance, IGC, Investment, pensions, Phoneix, Transparency, workplace Pensions
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