Football may not be competitive in sports or business terms, but the remedy – financial fair play – may be making things worse
Manchester United are tipped to take over from Real Madrid in the global financial stakes in the next two years providing they secure Champions’ League football. The Deloitte Money League suggests that United, despite last year’s disappointing seventh in the … Read More
The Financial Conduct Authority has investigated the world of savings accounts and found a lot wanting in terms of the behaviour of many banks and building societies. The clue’s in the name. This is a watchdog charged with ensuring that … Read More
The Coalition has enjoyed a very good run on pensions but could the state pension changes prove to be an Achilles heel in the coming election. A recent freedom of information request by Hargreaves Lansdown suggests that as many as … Read More
Tesco’s turnaround plan is a big blow for the retirement prospects of staff. But will they understand the full implications?
The members of Tesco’s generous defined benefit AKA final salary pension scheme have really paid the price for the mismanagement of the last few years. The story was nearly lost amid praise from market commentators but was reported in FT.com … Read More
Big sell off by private investors out of UK equities last year, but are they really UK stocks and who are these retail investors anyway?
Capita Asset Services has caused quite a furore this week calculating that the UK market saw some £9.1bn of retail money moving out of equities between September to November last year. But should you be worried about what this signals? … Read More
We know that one Labour minister left a note telling his coalition successors that there was no money left. Yet shouldn’t someone from the Margaret Thatcher administration have passed on concerns that the Big Bang – a huge 1980s shake … Read More
At last the real scandal emerges – the lid is lifted on the disgrace of old style overcharging pension contracts
There has been a huge debate, a lengthy report by a top City lawyer and acres of news print in the last nine months about a huge Financial Conduct Authority blunder, which led to massive upheavals for insurance company share … Read More
Annuities are not always poor value if you shop around. But that message is sure to get lost amid the terrible headlines
This morning investors will have been alerted once again to the fact that buying an annuity directly from the pension provider they saved with in the first place can be a terrible idea. In many ways it amounts to locking … Read More
A row about pension payments and mortgage affordability shows that many people are feeling the pinch
The UK is undergoing a pension revolution. All employers must offer a pension – the smallest firm join the system in the next few years – and if workers decide to contribute, then the employer must as well. This has … Read More
It is still early days in the debate over extra powers for Scotland. But the implications of variations in income tax could be profound. The Smith Commission, reported here on the BBC gives Scotland freedom to vary income tax as … Read More
John Lappin, the editor of Mindful Money, has been a financial journalist for more than 15 years. He was a long standing editor of financial newspaper and website Money Marketing and was Headline Money journalist of the year 2009. He believes it is essential that trust is rebuilt between consumers and the financial services industry though most of the onus is on the industry to demonstrate this trust. Without this, consumers and investors will remain undersaved, underinvested and underinsured with huge implications for themselves, their families and for the country too.