Tag Archives: pension funds

Woodford – a lesson in hubris, both for individuals and councils

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The story of the Woodford Equity Income fund should give investors great pause for thought concerning how many eggs to put in one particular basket.

The Guardian reports:

Posted in Op-eds | Also tagged and | 4 Comments

How to prevent a repeat of the Carillion catastrophe

Whenever a rather technical public policy question pokes its nose out into the wide world of mass public interest a vacuum is created, a vacuum quickly filled with a gamut on nonsense and conspiracy theory.
 
The collapse of the Carillion has prompted just such fits of hysteria, but while I don’t particularly care that a private company has gone out of business, the issue of the pension fund liabilities is one that will recur many more times for policy makers in the UK as a direct consequence of economic policies pursued since 2007.
Posted in Op-eds | Also tagged | 40 Comments
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