{"id":16938,"date":"2016-06-18T13:00:03","date_gmt":"2016-06-18T06:00:03","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/they-charge-huge-fees-but-are-fund-managers-really-working-for-you\/"},"modified":"2016-06-18T13:10:00","modified_gmt":"2016-06-18T06:10:00","slug":"they-charge-huge-fees-but-are-fund-managers-really-working-for-you","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/they-charge-huge-fees-but-are-fund-managers-really-working-for-you\/","title":{"rendered":"They charge huge fees, but are fund managers really working for you?"},"content":{"rendered":"<p>&#013;<br \/>\nWe talk to one of the authors of a devastating critique of the City and Wall Street, exposing how Anglo-American money management is failing the populations of both countriesBeth lives in Atlanta, Cathy lives in Aberdeen, and Sarah lives in Amsterdam. They are sisters, and each earns around \u00a340,000 a year. They also each pay roughly the same amount into a pension scheme. But, on retirement, Sarah in the Netherlands picks up a pension that is 50% higher than her sisters in Britain and the US. Why?In a shocking new book Jon Lukomnik, the former head of New York\u2019s $100bn city workers pension fund; David Pitt-Watson, the former director of a \u00a350bn fund group in Britain; and Stephen Davis, who served on the US Securities and Exchange Commission and is now a senior fellow at Harvard, blow the whistle on how Anglo-American money management is failing the populations of both countries \u2013 and discuss what can be done to fix it. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2016\/jun\/18\/fund-managers-huge-fees-city-of-london-wall-street\" target=\"_blank\">They charge huge fees, but are fund managers really working for you?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; We talk to one of the authors of a devastating critique of the City and&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-16938","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-4pc","jetpack-related-posts":[{"id":12076,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ex-pensions-minister-is-still-worrying-about-pensions-we-should-too\/","url_meta":{"origin":16938,"position":0},"title":"Ex-pensions minister is still worrying about pensions. We should too","date":"May 7, 2016","format":false,"excerpt":"\r Ten million people will find their retirement payout isn\u2019t adequate. Steve Webb has an idea that may fix the biggest issue facing pension savers in BritainI met up with Steve Webb this week, the highly regarded pensions minister in the coalition government for five years until he lost his\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44261,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tata-workers-vote-for-pension-cut-to-rescue-steel-making-in-britain\/","url_meta":{"origin":16938,"position":1},"title":"Tata workers vote for pension cut to rescue steel-making in Britain","date":"February 15, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Tata workers vote for pension cut to rescue steel-making in Britain","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37880,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/canadian-pension-fund-buys-into-nz-property-portfolio\/","url_meta":{"origin":16938,"position":2},"title":"Canadian pension fund buys into NZ property portfolio","date":"December 13, 2016","format":false,"excerpt":"\r The Canada Pension Plan Investment Board, which invests some C$300 billion (NZ$317b) of assets to help fund the North American nation's pension plan, has bought half of a NZ$1.1b property portfolio managed by Australasian fund manager...\r \r Source : nzherald.co.nz\/Property\r Read more...Canadian pension fund buys into NZ property portfolio","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37884,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/canadian-pension-fund-buys-into-nz-property-portfolio-2\/","url_meta":{"origin":16938,"position":3},"title":"Canadian pension fund buys into NZ property portfolio","date":"December 13, 2016","format":false,"excerpt":"\r The Canada Pension Plan Investment Board, which invests some C$300 billion (NZ$317b) of assets to help fund the North American nation's pension plan, has bought half of a NZ$1.1b property portfolio managed by Australasian fund manager...\r \r Source : nzherald.co.nz\/Property\r Read more...Canadian pension fund buys into NZ property portfolio","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37886,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/canadian-pension-fund-buys-into-nz-property-portfolio-3\/","url_meta":{"origin":16938,"position":4},"title":"Canadian pension fund buys into NZ property portfolio","date":"December 13, 2016","format":false,"excerpt":"\r The Canada Pension Plan Investment Board, which invests some C$300 billion (NZ$317b) of assets to help fund the North American nation's pension plan, has bought half of a NZ$1.1b property portfolio managed by Australasian fund manager...\r \r Source : nzherald.co.nz\/Property\r Read more...Canadian pension fund buys into NZ property portfolio","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37888,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/canadian-pension-fund-buys-into-nz-property-portfolio-4\/","url_meta":{"origin":16938,"position":5},"title":"Canadian pension fund buys into NZ property portfolio","date":"December 13, 2016","format":false,"excerpt":"\r The Canada Pension Plan Investment Board, which invests some C$300 billion (NZ$317b) of assets to help fund the North American nation's pension plan, has bought half of a NZ$1.1b property portfolio managed by Australasian fund manager...\r \r Source : nzherald.co.nz\/Property\r Read more...Canadian pension fund buys into NZ property portfolio","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/16938"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=16938"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/16938\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=16938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=16938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=16938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}