Liz Pfeuti

Articles from Liz Pfeuti

  • CHELSEA, THE KAY REVIEW, AND SHORT-TERMISM IN THE EXTREME

    As the news broke that Roberto Di Matteo had been given the boot as Chelsea manager, I was at an investment conference surrounded by pension fund CIOs and trustee board members near London’s Parliament Square. Over glasses of (really rather good) Sancerre after the last session, we discussed the move by the club’s Russian owner Roman Abramovich to eject the man who only six months earlier had led the club to win the FA Cup and Champions League. One CIO said: “I’ve just seen a tweet that Di Matteo was the longest serving out of the last four managers at Chelsea.&r ... ..read more
  • CAN YOU AFFORD THE FUTURE?

    A pension fund manager friend of mine went to the bar last week to buy me and another mutual mate a beer. He was clutching a £20 note and asked if anyone had a tenner in case he didn’t have enough to get the round. (I point out we were at a Liverpool St station watering hole not the Ritz.) “Another tenner?” said mutual mate. “How much do you think a pint costs?” It turns out there was little change from £20, and had he heard the request for pork scratchings he may have had to break into the extra note. So – apart from reinforcing the idea ... ..read more
  • VOLATILITY, OR WHAT PENSION FUNDS CAN LEARN FROM THE PREMIER LEAGUE

    In Manchester, they know a lot about volatility - or they do after yesterday. In the space of 13 seconds, the red half of Manchester saw a year’s work snatched away as the blue half put two goals past an overwhelmed Queens Park Rangers in injury time. In Sunderland, where Man United had just beaten the home team 0 – 1, there was already jubilation. They’d done it! They’d beaten their oldest foe, there was no way Man City could come back from 1 – 2 to grasp the win they now needed! The title and trophy was heading back to their rightful home at Old Trafford ... ..read more
  • THE FOURTH ESTATE AND HOW IT CAN HELP SOLVE THE PENSIONS CRISIS

    “So you interview old people?” someone asked me at a friend’s birthday party recently. “Erm, no,” I replied. “Well they’re older than me generally – tho alarmingly I seem to be catching them up!” He didn’t get it. I like to think he didn’t believe my advancing years, but really he thought writing about pensions meant I wrote about pensioners. About people who are drawing a pension, you know, the only people that the term ‘pensions’ covers. In fact, pensioners are the people I write about the least, but you can ... ..read more
  • PRICING UP THE ACTIVE-PASSIVE DEBATE

    I’m on a train to the Lake District. A return ticket from London has cost me £88 and for that I get to go somewhere fairly near my final destination with a bunch of people I don’t know. It’s a bit hot in the carriage, I’m not massively keen on changing at Warrington Bank Quay and I had to leave work an hour early, but hey it’s good enough and more importantly, it’s not costing me that much to visit my mum for Easter. Imagine, for a minute, that I am a pension fund investor and I’m in a passive or index tracking fund - It’s the same hy ... ..read more
  • IF I WAS GOING WHERE YOU WERE GOING...

    “If I was going where you were going, I wouldn’t have started from there,” an Irish friend told me over a (sub-standard) pint of Guinness last week.   He was talking about a trip I am planning to Montana after a conference in New York and he did have a point as Glacier National Park is not easily accessed from the East Coast of the US. But as often happens, as readers of this blog will soon realise, my mind turned to pensions.   Last week, Minister for Pensions Steve Webb announced that the UK needed a system of ‘defined aspiration’ to tackle th ... ..read more
  • EXTRA TIME FOR RETIRED FOOTBALL STARS - WHEN SHOULD OUR WHISTLE SOUND?

    It’s not often that I think about pensions during a Manchester derby, and certainly not when we are putting our old rivals out of the FA Cup…but I digress. There is a first time for everything and that first time happened last weekend. When Paul Scholes – or the Ginger Prince as he’s known in our Salford/Prestwich family – donned the hallowed United shirt again, barely six months after retiring from the beautiful game, my mind turned instantly to pensions. (Presumably so did his, him being instrumental in conceding a City goal almost immediately, but again ... ..read more

Liz started writing about retirement provision and finance in 2006 at Global Pensions and was instantly hooked.

After a previous career in tourism that had taken her around the French, Italian and Swiss Alps, she swapped her passport and carry-on luggage for an asset allocation handbook and idiots guide to LDI.

Connect with Liz on Twitter and LinkedIn