Tag: Pensions
-
The crises in Irish pension provision
This is an extended version of an opinion piece published in the irish examiner. In 1908 David Lloyd George, the then chancellor of the exchequer in the United Kingdom of Great Britain and Ireland steered through, against some considerable opposition, a revolution in social welfare. The idea was simple and yet radical : that people…
-
Asset allocation in Defined Benefit Pension Plans in Europe
Mercers each year publish a DB survey, which I get a copy of. The 2012 results are quite interesting, not least from an Irish perspective. They survey over 1300 plans, covering 600b plus assets in europe as a whole. First, Irish plans show the highest bias towards equities of all countries. However, this equity heavy position (which we…
-
The best man for a job in finance is probably a woman
This post is an extended version of an opinion piece published on 17 March in the Irish Examiner:http://www.irishexaminer.com/business/women-are-the-stabilising-hand-in-finance-187420.html Last week we saw international women’s day, a day that in theory is devoted to the celebration of female achievement. It is celebrated as a public holiday in some countries, mainly those part of the ex soviet…
-
The looming pensions crisis
This is an amended version of a piece published in the Irish examiner In addition to the banking crisis the government also face a series of crises in relation to pensions. There are at least three separate but related crisis around the issue of pensions. Firstly we have a situation where the state is paying…
-
Financial Repression?
This is a longer version of a piece published 18 May in the Irish Examiner. I cant find a link as of yet but… The jobs initiative, revealed last week, is something that I have previously welcomed. It’s not so much that the jobs initiative is in and of itself going to create hundreds of…
-
Robbing future Peter to pay putative present Paul
This is an expanded version of an opinion piece published in the Irish Examiner on 11 May 2011 The last week has seen an enormous outpouring of national introspection in relation to how we will get Out of the mess. At the heart of this has been the as ever controversial, polemical, and pungent Prof…