So it’s now official, the Brits don’t save enough…there is nothing new there. What is worrying however from the latest HSBC research: Future of Retirement: A New Reality is that of the 15,000 people surveyed across 15 countries, almost half have never saved for retirement! The United Nations predicts that one in five of us […]
Redefining retirement – pension survey findings
Furnish people with the facts and a more enlightened population will emerge.…….. Information that is put out in the public domain can often seem like a spider’s web, with bits of it finding and connecting with one other. The challenge is to find the correct pattern and make sense of it all. […]
The UK budget and pensions – a ringside view
Cuts, cuts, cuts….the UK budget and pensions are back in the spotlight. This week’s UK budget and pensions legislation delivered a combination of punches that put pensions on the ropes. There were also uppercuts in the form of a levy on foreign companies used to purchase UK residential properties worth more than £2m, and body […]
The Euro crisis has left the currency in Wonderland
With the ongoing Euro crisis, it seems like the currency has fallen down the rabbit-hole. Politicians in Brussels appear to move from one surreal chain of events to another. One minute everything is upside down, and the next we are all back on our feet again. Last month all eyes were diverted to the plight […]
The revolution in pension reform stops here
Pension reform is long overdue in the Western World. As the bulk of people get older, the economic stability and social structure of society will become more dependent upon pension systems. Such systems provide long-term capital for industry and contribute to economic growth and job creation. The development of private pension provision can also play an […]
Commodities and pension fund management
Every now and again you stumble across one in this business…… a diamond that wants to stay coal! In medieval times alchemists applied their knowledge and wizardry in the quest to transform base metals into gold. Modern day pension fund managers find themselves in a similar predicament in their attempt to deliver what […]
The National Irish Pension Fund- When The Music Stops
When it comes to the National Irish Pension Fund, compromise usually comes one teaspoon at a time. One day you find yourself down the road and you don’t remember where you made a left turn. So now we know what is in store for the Irish public ……..or do we? For the last few […]
From here to retirement
The camera lens opened and shut in his mind as he saw himself driving a convertible down an ocean highway. Along the bay shoreline a wind surfer toyed with the breeze; he pulled into a marina café that unfolded onto the sands … The road to retirement is indeed paved with good intentions; however a number of potholes may present themselves along the way, in […]
French pension system: steady as she blows!
When the ‘winds of change’ are blowing – most batten down the hatches to protect themselves. Some hoist the sails and take advantage of the change. The existing French pension system was set up in a bygone era when circumstances were different. Change is afoot, the kind of change that requires a firm hand on […]
Pension funds and responsible investment
The man behind the large desk focused on his audience with a face that looked like the back of a pale white thumb. Every word he spoke was an attempt to control the environment and the people around him. He filled the air with sound and answered questions with questions……. The BP debacle in […]