According to this letter replying to my article for the Church to lock-in its DB surplus would be against scripture!
01.03.2026 09:57
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According to this letter replying to my article for the Church to lock-in its DB surplus would be against scripture!
My @ft piece on Church pensions ft.com/content/0cba44… "By holding 70% in “risky” assets "The Church is playing a dangerous game of double-or-quits, like betting money at the casino" - https://www.ft.com/content/0cba44a0-2c3a-43cf-8ff7-99abec9d2949?shareType=nongift
My FT piece on Church pensions ft.com/content/0cba44… via @ft "By holding 70% in “risky” assets @churchofengland is playing a dangerous game of double-or-quits, like betting money at the casino. Would parishioners be happy if they knew what was going on with their donations?"
Watch out for my @financialtimes.com piece on @churchofengland.org pensions "The Church is playing a dangerous game of double-or-quits, just like betting money at the casino."
Which rather sums up all your policies?
Pls expand...
www.telegraph.co.uk/money/pensio... my latest @telegraph.co.uk piece on Richard Tice, @reformuk.bsky.social and LGPS
See my FT letter on the MPs' pension scheme - junk bond holdings and undisclosed investment management costs
My letter in today's Sunday Times on Jeremy Hunt's pension
Just to be clear:
- Paracetamol does not cause autism.
- Sadiq Khan is not introducing Sharia law in the UK
- We do not have a massive free speech problem here.
- Britain is not on the verge of civil war.
These are not controversial subjects or contested, they're just not true.
"Flagging"
The stronger likelihood is that this summit is more likely to be the geopolitical equivalent of a loud farting noise that causes much embarrassment before everyone moves on
U.K. is being “left behind” on crypto, says George Osborne Former Chancellor who now advises Coinbase says Rachel Reeves should set up a framework for stablecoins
Extraordinary that anyone gives creedence to Osborne’s views on economics. Clearly thinks he knows more than Bailey about financial stability.
Fortunately they don't give you a specific age
I have just had to verify my age for DMs here...
As Stephen Yaxley Lennon's public profile continues to rise, so do the chances of this Graham Keyes cartoon coming true each time TRB goes out on tour...
See p12 of PrivateEye HP sauce on Rachel Reeves Mansion House Speech. My contribution on Alastair King's claims about the wonders of private equity = his numbers were "the usual wishful thinking from people who want to charge retail investors an arm and a leg".
Just been on Times Radio with Kate McCann talking about increasing the SPA, getting rid of the Triple Lock and public sector pensions
On the 36th anniversary of Mel Blanc's passing, a classic.
The time he went on Letterman in 1982. Within a minute, he did not disappoint.
"If Rachel ReevesMP wants to risk our pensions, she should start with her own" telegraph.co.uk/money/pensions… See my latest Telegraph piece on TPRgovuk conflict of interest in last week's newly minted regulatory policy
Dressing up or giving up? The heatwave trials of commuter clothing https://on.ft.com/3GdMWW3 | opinion
On June 21, 1948, Columbia Records introduced the long-playing (LP) record album at a press conference held at the Waldorf-Astoria Hotel in New York City.
Buried deep in the BBC iplayer is this gorgeous film with Martin Scorsese talking about Powell and Pressburger. His commentary is beautiful, insightful and really moving. Recommend it. www.bbc.co.uk/iplayer/epis...
“And the bill contains no details of how pensions will be protected if cash is withdrawn. Member security must be a priority with strict rules on repaying amounts if funding deteriorates.”
“The DWP figures estimate just a fraction of this – under £12bn – will be paid out over the next 10 years, mainly because most companies want a full buyout with an insurance company."
“Forget about £160bn of pension surpluses just waiting, as Rachel Reeves said, to be paid out to ‘drive growth and boost working people’s pension pots’."
theguardian.com/business/2025/jun/07/pensions-report-cuts-rachel-reeves-planned-growth-funds-from-160bn-to-11bn?CMP=share_btn_url
@theguardian.com article based on my analysis on behalf of PIC. See my quotes
