18 May 2017 Week In Brief: BUSINESS AND THE CITY PENSIONED OFF: How can you run a profitable business and still go bust? Having an underfunded pension scheme is always a reliable way, as several British businesses have recently found out when trying to reorganise themselves. Latest is Tata Steel, the UK arm of the… Continue reading Issue 105:2017 05 18:Week in Brief financial
Tag: Pension Protection Fund
Issue 75:2016 10 13:Week In Brief BUSINESS AND THE CITY
13 October 2016 Week In Brief: BUSINESS AND THE CITY THE BIG PUSH: There is a touch of the First World War artillery barrage in the European Central Bank’s decision to extend its quantitative easing programme beyond March if inflation does not move towards the 2% target. It doesn’t seem to be working, but what… Continue reading Issue 75:2016 10 13:Week In Brief BUSINESS AND THE CITY
Issue56:2016 06 02:What is your inflation rate? (Frank O’Nomics)
02 June 2016 What is your inflation rate? by Frank O’Nomics The government needs to find ways to make Tata Steel more attractive to potential buyers and one of the major hurdles to finding a buyer seems to be the deficit in the British Steel Pension Scheme, currently estimated at £700 million. As pension… Continue reading Issue56:2016 06 02:What is your inflation rate? (Frank O’Nomics)
Issue 53:2016 05 12: The hazards of pension protection (Frank O’Nomics)
12 May 2016 The hazards of pension protection by Frank O’Nomics News of the failure of BHS, and the consequent takeover of a pension fund that is £571 million in deficit by the Pension Protection Fund, raises questions which go to the very essence of the way in which PPF operates. To begin with, is… Continue reading Issue 53:2016 05 12: The hazards of pension protection (Frank O’Nomics)
Issue 51: 2016 04 28:Week in Brief Financial
28 April 2016 Week In Brief: BUSINESS AND THE CITY MOVES ON THE HIGH STREET: This was our first headline last week, looking at changes in estate agency, but it equally fits changes in retail, with the failure of both British Home Stores (“BHS”) and Austin Reed this week. Both are fine old British firms,… Continue reading Issue 51: 2016 04 28:Week in Brief Financial
Issue 30: 2015 11 26:Is your pension manager leaving you underfunded?
26 November 2015 Is your pension manager leaving you underfunded? by Frank O’Nomics UK pension schemes face significant shortfalls. As of the end of April, the aggregate deficit of 6000 defined benefit pension schemes in the UK was calculated (by the Pension Protection Fund) at £243bn, up from £215bn 3 years earlier, and this despite… Continue reading Issue 30: 2015 11 26:Is your pension manager leaving you underfunded?