Tag Archives: jo cumbo

“Pension wealth” is subject to “EET” – exempt, exempt – but taxed when spent!

Jo Cumbo in an excellent article charts the complexity to the rich of having money as “pension wealth”. The furore over IHT over pension “wealth” is a  belief that for the rich, pensions were “EEE”,  not “EET” as they are … Continue reading

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I took her CDC baited hook and was landed by Jo Cumbo!

Following this year’s  Pensions UK investment conference I was told that my press badge would not be renewed. I was not a journalist and I spent too much time expounding my commercial views and not enough the views of other. … Continue reading

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Can trustees go against the laws of parliament? Members elect Governments.

So runs this morning’s headline in the FT (Mary McDougall). The argument that has been put forward by Pensions Minister Torsten Bell and argued for by political economists such as Will Hutton. The debate by an FT journalist (Jo Cumbo) … Continue reading

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Blockchain to administrate- yes; crypto to pay my pension – “?”

I got a message from Jo Cumbo for my comment on the use of Crypto as an investment to fund pensions yesterday. I couldn’t comment, because I don’t have the capacity to get to terms with it and because there … Continue reading

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Workplace pension funds – no longer beginners at investment – let them past a charge cap.

This from Jonathan Stapleton in a balanced article , offset by an unbalanced headline. It noted that, in January this year, it had set out almost 50 pro-growth measures – adding it had now delivered “the vast majority of these … Continue reading

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Compact or Mandate – is Government violating our pension’s property rights?

Josephine Cumbo is running a thread on Linked in which is an interesting take on this country’s view on the Government’s intervention over how investment in pensions should have a bias towards UK stocks and in particular growth stocks likely … Continue reading

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Why do we overpay for fund and asset management?

The price we are paying for others to manage our retirement funds is the subject of Jo Cumbo’s last piece of writing as FT global pension correspondent and it is a theme that she has developed over the past decade. … Continue reading

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Jo Cumbo leaves pensions

It’s the bombshell we never wanted to see fall! This blog has lived off Cumbo stories for as long as Cumbo has commanded the FT pensions desk and her departure will be a great loss, not just to pensions, but … Continue reading

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Jo Cumbo – we’re missing you!

An homage to to the Financial Times Global Pension Correspondent is due. March 26th was when Jo last posted in the FT , since when Jo has been in Australia, deservedly remote from the discordant clamour of Britain’s pension scene. … Continue reading

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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

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