"... Setting a glide path in retirement is ‘completely useless’ and equities investments should be held in a portfolio for…
The US tech bubble and the loss of traditional guidance is of concern but so are bonds in debt troubled…
I dont think your suggestion that the spp paper, "assumes that the self-employed are the same as any other folk…
Tom’s wrong about attacking the provision of a pension. But he is right about the contributions being set at unaffordably…
Tag Archives: Treasury
Julian Mund at Mowbray; PLSA local and global
I have written plenty about John Hamilton’s speech at Melton Mowbray, But it was not just John on stage at the PLSA East Midlands event. Preceding John was the PLSA’s CEO and I’m pleased he’s sent me his slides for … Continue reading
Posted in pensions
Tagged Business, Business and Economy, corporate risk, Defined benefit pension plan, Pensions, TPR, Treasury, workplace Pensions
3 Comments
Is Reeves condemning the “de-risking” of pensions?
There has been considerable response to last night’s blog Field called our DB pensions “an economic miracle”….Reeves knows why. It explains how a speech including a call to reinvest pension surpluses in company and economic growth. It’s worth reading and … Continue reading
Posted in pensions
Tagged annuity, Business and Economy, corporate governance, corporate risk, DB, de-risking, Defined benefit pension plan, pension, Pension Regulator, Pensions, TPR, Treasury
5 Comments
We need our banks to step up and help out.
This is hard to explain, which is why the article is in the FT and not in other papers. The people who read the FT understand how the Bank of England sets interest rates and can work out that right … Continue reading
Bim gets his feet out of the “wet cement of institutional rigidity”
Last week I reported on Bim Afolami’s bold bold new approach to regulating the regulators This week , I decided to pedal over to Old Queen Street, by the Treasury, to witness this wise-cracking lawyer, banker and now Minister in … Continue reading
Posted in pensions
Tagged Bim Afolami, regulation, safest graveyard, Treasury, wet cement
2 Comments
Cost disclosure for investment trusts – Treasury takes charge
Following Ros Altmann and Sharon Bowles assault on the misinterpretation of EU regulation over investment trust cost disclosure, I understand that the matter was also discussed in the House of Commons , drawing this comment on linked in. Investment … Continue reading
Posted in pensions
Tagged Investment companies, Investment trust, Pensions, Treasury
Leave a comment
“No use crying over pensions” – Arun Muralidhar’s DC reset.
SeLFIES (Standard-of-Living indexed, Forward-starting, Income-only Securities). The SeLFIES bond is a single, liquid, low-cost, low-risk instrument, easy-to-understand for even the most financially unsophisticated individual, because it embeds accumulation, decumulation, compounding and inflation-adjustments. SeLFIES is good for governments too, as the … Continue reading
Stephen Timms asks the PRA what they are up
Yesterday I wrote about a meeting between the regulatory sub-group of the Treasury Select Committee with members of the PRA and in particular Sam Woods, its Deputy Governor. On the same day that meeting was going ahead, Stephen Timms sent … Continue reading
A Treasury pension intervention that’s not about tax
No wonder Laura Trott has been quiet on private pension reform lately, she has a megaphone rather better than Big Zuu A central plank of the reforms that will be unveiled tonight by Jeremy Hunt will be the VFM Framework … Continue reading
Will private markets raise returns on our pension savings? The case is ,as yet, unproven
The cynical view is that having run out of runway on the private finance initiative, the Government has turned to pensions to finance the transformation of UK infrastructure and fund the growth needed in companies that can make a difference … Continue reading
What does the Government really have in mind for the PPF?
As the FT reported yesterday, the Treasury appears to be mulling over breathing fire back into DB by converting the PPF into a means for the sponsors of small and struggling DB schemes to offload their schemes. This would mean … Continue reading
"As usual with The Times, this is a briefing about England & Wales only." I'm so old that I can…