Tag Archives: social purpose

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

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Why I’m for “patient capital”

‘Patient capital’ plan could unlock pensions savings limits https://t.co/Du4qIqcSs3 via @FT — Josephine Cumbo (@JosephineCumbo) November 24, 2017   I missed the consultation on “patient capital” but I’m pleased that it’s resulted in a proposal was put forward by an … Continue reading

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Why have pensions lost their social purpose?

As a delegate to the conservative party conference, I was invited to submit a discussion topic. I asked that we discussed how we can put Britain’s £2tr pounds of pension wealth to good economic use, whether this money could hold … Continue reading

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Finding our Social Purpose

I have been troubled by bad dreams since I heard of the death of Jo Cox, I did not know here , I did not know of her, her life and mine were never likely to have crossed paths. It … Continue reading

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Rebuilding the social capital of pensions.

    I’ve been reading Andy Haldane’s recent speech and kick off with this one statement among many good insights. “A plausible objective of public policy..is not to maximise trust among consumers of financial services but to maximise trustworthiness among its … Continue reading

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Putting the world to rights – in a snazzy waistcoat!

    One of the reasons that pension schemes are so boring is that they never seem to do anything. They take your money and then they give you it back, in the intervening years you are none the wiser … Continue reading

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Terry Smith – What I have learned from Fundsmith in the Past Five Years

Fundsmith is my favourite fund manager. Like Aberdeen (another favourite whose conference I’m going to today), it is an organisation with a strong purpose (moral and social). Terry Smith is an extraordinary man who’s views are always worth reading. He … Continue reading

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