personal financedefined-benefit pensioninflationpensions
This is Part 1 of a brand-new three-part series by regular commenter AlCam about how DB pensions correct for inflation. Parts 2 and 3 will follow in due course.
Fifteen years ago a lonely cyclist crossed the heathlands on the way to work, dreaming of freedom, but it all seemed so far away. That cyclist tarried for a while, to listen to this liquid transmission from the barleybird, at journey’s end crossing continents. He launches his song into the sky, hoping to call down … Continue reading "The barley bird comes to Suffolk"
Come another week and the private equity masters at Hargreaves Lansdown must’ve read the previous Ermine rant about them jacking their prices up and quailed in the face of such needle-sharp teeth. Well, no, they would probably go all Rhett Butler on it if they had seen it, one of the little people grizzling irrelevantly. … Continue reading "HL’s new PE masters wind their necks in, sort of"
The rule is simple with Private Equity. If you aren’t the private equity, it’s bad for you. If the company you work for gets taken over by PE, you’ll be shat on. If you’re a customer of a company taken over by PE, you’ll be shat on. I was a customer of HL ever since … Continue reading "Hargreaves Lansdown’s PE masters come for a bite of the Ermine’s fur"
I didn’t get on with the titular movie, but it seemed to hit the zeitgeist then, with many who came of age in the GFC. While I’m still not moved to try and watch it, I started to a feel for the gist. Dear KOTUS, presumably feeling the hot breath of the Grim Reaper wants … Continue reading "Everything Everywhere All At Once"