Charlie Is Not A Happy Regal

[weecalf]

Charles has been speaking about pensions .Well I don't understand what he's on about .Dont know whether I should be worried or no .He seems to be .Any ideas

[Psybbo]

http://www.bbc.co.uk/news/business-24566429
not sure either

[factor-fiction]

I heard a snippet on the radio. I think he was urging pension funds to invest their funds in ecologically and ethically sound companies (as opposed to oil, tobacco, military, alcohol companies)

[237SJ]

I don`t really understand what he means either. As far as pension funds are concerned, they follow trends and good fund managers will switch between short term and long term investments.

[EDDIE51]

He has a valid point, currently pension fund mangers are investing for short term gain. Charles is saying that they need to take a long term view and invest in ways that will bring a steady return over many years. As a pension will be paid for 30 years or more you can see the reasoning. I agree with him.

[jomifl]

Pension funds are required to get the best return for their clients. I can't see why pensioners should fund the salvation of the planet when there are plenty of fat cats who could easily afford a little sacrifice.

[factor-fiction]

^However, the long term is made up of lots of short terms. But I read somewhere that the main people who benefit from all these short term trades are those get commission

[FredPuli43]

When there is commission there are certainly a lot of short trades. Leave a fund with your friendly bank's investment managers and you'll find that they have switched shares with surprising frequency, putting up your costs and diminishing your profit, if any. And that's apart from the fact that many funds don't even outperform the FTSE over time.