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-punches […]
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 […]
The revolution in pension reform
Pension reform is long overdue in the Western World. As the bulk of people get older, society’s economic stability and social structure 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 important […]
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 often seems […]
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 weeks, […]
Retirement strategy
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 windsurfer 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, your retirement […]
French pension system
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 the tiller. However, problems can occur when policymaking is influenced by external forces, such as the ‘markets’ or the mood of the electorate, which are not […]
Responsible investment of pension funds
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 responsible investment of pension […]