Breakeven year for equities – latest

This unfamiliar but telling exhibit measures the extent to which the QE-induced REAL equity risk premium has shrunk but is still much more generous than ‘normal’ (explanation below). This measure of the equity risk premium, measured against Index Linked...

What’s on our dashboard?

The Government’s Pension Dashboard project is suspected of sloping off towards the long grass. The earliest date had already been pushed out to 2019. We aim to beat that with an interactive dashboard for prospects (as a test drive) and clients by Christmas 2018....

Can companies tells us about Brexit impacts?

There appears to be a striking difference between UK share prices and the public statements that company CEOs are making. Public statements are much closer to the worst-case economic predictions associated with the Treasury and Remain supporters seeking to influence...

Flat rate pension tax relief back on agenda?

The Treasury Committee’s latest report on savings seeks to get back on the agenda the idea of a flat rate of tax relief for all. It’s good to see the subject being aired against but the downside is that a lot of misconceptions about tax relief, its cost...