Daniel Godfrey’s attempt to transform fund management with his “People’s Trust” failed. Merryn Somerset Webb explains why.
Articles written by Merryn Somerset Webb
For many economists, the fact that people aren’t 100% clear-minded, analytical and rational is a bizarrely new thought, says Merryn Somerset Webb.
Merryn Somerset Webb talks to author, academic and fund manager Richard Thaler about pensions freedom, central bankers and fund management fees.
High fees have long been an issue in the active fund management industry. But things may be about to change, says Merryn Somerset Webb.
Funds are getting so big they can’t stoop to pick up smaller firms. That’s great for nimbler players such as Nick Greenwood, says Merryn Somerset Webb.
Puerto Rico’s debt default will be very public, says Merryn Somerset Webb. Expect Britain’s to be more subtle.
Changes in the tax relief afforded to landlords could wipe out much of the profit from buy-to-let, and drag down house prices across the board.
People are living longer. That sounds like good news, says Merryn Somerset Webb, but very few people have made proper financial plans for their retirement. And the government certainly hasn’t.
This week has seen more stupid ideas swirling around than most, says Merryn Somerset Webb – most of them coming from the Labour Party conference.
Pension providers need to make things much clearer for the people whose money they’re looking after, says Merryn Somerset Webb.