Today Government regulator, the Financial Conduct Authority (FCA) issued a final report on the fund managers who manage our pensions and investment savings.
It is pretty damning.
My interpretation is that fund managers are making exce…Read more…
We need politicians to be bold in opposing austerity
#STUC16 The STUC has backed a UNISON and GMB 10 point plan for decent public services which are key to ‘reducing poverty and economic inequality.’
UNISON’s Stephen Smellie told delegates there was a broad political consensus in Scotland against austerity but words were not enough.
“We must insist that Scottish politicians can’t hide behind the ‘it’s all the fault of the Tories and we can’t doRead more…
House building and living rent to fix housing crisis
#stuc15 The STUC is to call for a major house building programme, focussing especially affordable and council housing, not only to meet need but also to boost employment and the economy. It also called for work with Shelter, other charities, community groups, and the People’s Assembly, to build a broad based campaign to support a living rent.
UNISON Scotland’s Susan Kennedy, backing the USDAW,Read more…
A cautionary tale: pension funds and the infrastructure bandwagon
Infrastructure finance has risen to the top of the international financial policy agenda. Within the new infrastructure finance agenda emerging in such forums, the $85 trillion that institutional investors, and in particular pension funds, are estimate…Read more…