January 31, 2013
The first month of 2013 has been characterised by its ongoing, and increasing, currency volatility - and this turmoil is likely to ramp up throughout the year and develop into a currency war as more and more countries are likely to adopt a ‘beggar thy neighbour’ policy and move, openly or not, to devalue their currencies in a bid to strengthen their own exports. The first month of 2013 has been characterised by its ongoing, and increasing, currency volatility -
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January 30, 2013
The closure of private sector pension schemes accelerated in 2012, says the National Association of Pension Funds. The closure of private sector pension schemes accelerated in 2012, says the National Association of Pension Funds.
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January 22, 2013
Clients of British and Irish banks could face increased banking costs after the UK and Irish governments have signed a controversial intergovernmental agreement (IGA) with the US to report directly to America’s Internal Revenue Service (IRS). Clients of British and Irish banks could face increased banking costs after the UK and Irish governments have signed a controversial intergovernmental agreement (IGA) with the US to report directly to America’s Internal
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January 20, 2013
Travelling…
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As I’m traveling the world at the moment visiting a different city on a different continent almost every day, it’s harder to write a daily blog! This one is written at 40,000 feet over Africa. I'm very lucky to see different cultures, to work with our enthusiastic teams around the world and see deVere develop as a company. It’s interesting to reflect on how the 'deVere World' is developing.
As I’m traveling the world at the moment visiting a different city on a different continent almost every day, it’s harder to write a daily blog! This one is
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January 16, 2013
Shall I tell you what is really “depressing”, Sir Mervyn King? That Goldman Sachs has now abandoned its plans to delay payouts of bonuses for some of its UK staff following intense and misguided pressure from a group of politicians and their flunkies. Shall I tell you what is really “depressing”, Sir Mervyn King? That Goldman Sachs has now abandoned its plans to delay payouts of bonuses for some of its UK staff following intense and misguided pressure from a group of
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January 15, 2013
The countdown to my challenge to complete two half marathons, just seven days apart, has begun! The countdown to my challenge to complete two half marathons, just seven days apart, has begun!
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January 14, 2013
Pension deficits of FTSE 100 companies are likely to increase by at least a further £20bn, following the unexpected decision to leave the retail price index (RPI) unchanged. Pension deficits of FTSE 100 companies are likely to increase by at least a further £20bn, following the unexpected decision to leave the retail price index (RPI) unchanged.
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January 11, 2013
The implementation of FATCA, a new and highly controversial piece of US legislation, appears to be losing momentum, I’m delighted to report. The implementation of FATCA, a new and highly controversial piece of US legislation, appears to be losing momentum, I’m delighted to report.
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January 10, 2013
Millions of pension holders are still likely to suffer reductions to their retirement incomes, despite the current method of calculating the Retail Prices Index (RPI) being maintained. Millions of pension holders are still likely to suffer reductions to their retirement incomes, despite the current method of calculating the Retail Prices Index (RPI) being maintained.
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January 9, 2013
Pound to fall, Dollar to rise
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No one has a crystal ball of course but I believe the pound will fall this month and the dollar will rise. No one has a crystal ball of course but I believe the pound will fall this month and the dollar will rise.
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January 9, 2013
A change to the way an inflation measure is calculated would mean another hit for private sector pensioners. A change to the way an inflation measure is calculated would mean another hit for private sector pensioners.
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January 7, 2013
2013 is the year to “get serious” about taking responsibility for funding our own retirements. This week Iain Duncan Smith Work and Pensions Secretary, will make an announcement on changes to the state pension age. 2013 is the year to “get serious” about taking responsibility for funding our own retirements. This week Iain Duncan Smith Work and Pensions Secretary, will make an announcement on changes to the state pension age.
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