I used to think the lifetime pension savings allowance was a terrible idea, says Merryn Somerset Webb. I’ve changed my mind on that. But there are some things about the pensions system that I will never agree with.
Warren Buffett was once a value investor. Now he’s buying big tech. Merryn Somerset Webb asks Lyrical Asset Management’s Andrew Wellington: “Where’s the real value now?”
Tech firms are listing on the stockmarket in their droves, with their private-equity backers raking in the cash. That’s perfectly sensible. What’s not so sensible is the number of retail investors buying in.
The UK is short of funds offering diversified but very active and intelligent exposure to the global equity market on the cheap. Thankfully, that’s just what Alliance Trust is turning into, says Merryn Somerset Webb.
It’s no longer enough to research the investment methodology when choosing a fund, says Merryn Somerset Webb. You have to check its approach to ethics too.
There’s nothing remotely risqué in buying loss-making firms when they list, says Merryn Somerset Webb. But that doesn’t make it a good idea.
The frankly stupid idea that pension-fund cash should be available to be used for a house has reared its ugly head again. It should be fiercely resisted, says Merryn Somerset Webb.
A customs union sounds like a nice idea in theory, says Merryn Somerset Webb. But in reality, it’s a terrible one.
Despite the overwhelmingly remain-leaning sentiments of the House of Commons, Brexit is proceeding relatively well, says Merryn Somerset Webb.
Lots of people will tell you now isn’t a good time to invest. But that’s not true, says Merryn Somerset Webb, there is always value somewhere. Here’s where to find it now.
The government’s Help To Buy scheme is handing vast amounts of public money to big business while exploiting both taxpayers and first-time buyers at the same time.
The move towards veganism may be good for the environment (though the jury is still out on that). But the real winner will be the processed food industry, says Merryn Somerset Webb.