<br />
INTELLIGENCE AND INSIGHT<br />
MAY 2014 | ICAEW.COM/ECONOMIA ISSUE 27 | ACCOUNTANCY | FINANCE | BUSINESS<br />
“I have<br />
always tried not to<br />
be French or<br />
European when<br />
I do my job”<br />
THE FRACKING DEBATE MIKE BALFOUR MEASURING PERFORMANCE<br />
PENSIONS UPDATE INVESTING IN FOOD WORKING IN SOUTH SUDAN<br />
<br />
The law of unintended<br />
consequences is a<br />
feature of all political<br />
action. A change in<br />
one area, however well<br />
intentioned, often<br />
creates as many<br />
problems as it solves.<br />
Nowhere is this general rule more evident<br />
than in the area of pensions. Few political<br />
leaders can resist tweaking the pension<br />
system. Some of these pension<br />
revolutions, which is how such changes<br />
are usually billed, start with good<br />
intentions. Others have more naked<br />
short-<a title="Economia MAY 14 page 1" href="http://viewer.zmags.com/publication/bdbafbb9?page=1"> INTELLIGENCE AND INSIGHT MAY 2014 | IC</a>
<a title="Economia MAY 14 page 2" href="http://viewer.zmags.com/publication/bdbafbb9?page=2"> </a>
<a title="Economia MAY 14 page 3" href="http://viewer.zmags.com/publication/bdbafbb9?page=3"> The law of unintended consequences is a feature o</a>
<a title="Economia MAY 14 page 4" href="http://viewer.zmags.com/publication/bdbafbb9?page=4"> </a>
<a title="Economia MAY 14 page 5" href="http://viewer.zmags.com/publication/bdbafbb9?page=5"> </a>
<a title="Economia MAY 14 page 6" href="http://viewer.zmags.com/publication/bdbafbb9?page=6"> ICAEW in this issue </a>
<a title="Economia MAY 14 page 7" href="http://viewer.zmags.com/publication/bdbafbb9?page=7"> COVER: SIMON DAWSON/BLOOMBERG VIA GETTY IMAGES T</a>
<a title="Economia MAY 14 page 8" href="http://viewer.zmags.com/publication/bdbafbb9?page=8"> EDITORIAL ADVISORY BOARD Arthur Bailey FCA (Cha</a>
<a title="Economia MAY 14 page 9" href="http://viewer.zmags.com/publication/bdbafbb9?page=9"> DEPENDABLE Our super experienced team have wo</a>
<a title="Economia MAY 14 page 10" href="http://viewer.zmags.com/publication/bdbafbb9?page=10"> In review THE INTERNATIONAL PICTURE 8.3 € </a>
<a title="Economia MAY 14 page 11" href="http://viewer.zmags.com/publication/bdbafbb9?page=11"> THE AUDIT The Green Investment 10% </a>
<a title="Economia MAY 14 page 12" href="http://viewer.zmags.com/publication/bdbafbb9?page=12"> THE AUDIT GERMANY Ange</a>
<a title="Economia MAY 14 page 13" href="http://viewer.zmags.com/publication/bdbafbb9?page=13"> MEAN. </a>
<a title="Economia MAY 14 page 14" href="http://viewer.zmags.com/publication/bdbafbb9?page=14"> THE AUDIT As I see it James Palmer's career has </a>
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<a title="Economia MAY 14 page 16" href="http://viewer.zmags.com/publication/bdbafbb9?page=16"> THE AUDIT From the top A cco</a>
<a title="Economia MAY 14 page 17" href="http://viewer.zmags.com/publication/bdbafbb9?page=17"> </a>
<a title="Economia MAY 14 page 18" href="http://viewer.zmags.com/publication/bdbafbb9?page=18"> </a>
<a title="Economia MAY 14 page 19" href="http://viewer.zmags.com/publication/bdbafbb9?page=19"> THE AUDIT ICAEW ANNUAL REVIEW ICAEW has had a go</a>
<a title="Economia MAY 14 page 20" href="http://viewer.zmags.com/publication/bdbafbb9?page=20"> THE AUDIT Book reviews Richard Cree review</a>
<a title="Economia MAY 14 page 21" href="http://viewer.zmags.com/publication/bdbafbb9?page=21"> What a bank should be Graham Moore, Relat</a>
<a title="Economia MAY 14 page 22" href="http://viewer.zmags.com/publication/bdbafbb9?page=22"> 22 </a>
<a title="Economia MAY 14 page 23" href="http://viewer.zmags.com/publication/bdbafbb9?page=23"> THE AUDIT M y fath</a>
<a title="Economia MAY 14 page 24" href="http://viewer.zmags.com/publication/bdbafbb9?page=24"> PLAN FOR TOMORROW LIVE MORE TODAY THREE YEAR FIX</a>
<a title="Economia MAY 14 page 25" href="http://viewer.zmags.com/publication/bdbafbb9?page=25"> THE AUDIT The graph In our statistical portrait </a>
<a title="Economia MAY 14 page 26" href="http://viewer.zmags.com/publication/bdbafbb9?page=26"> The cloud that helps win the race. The winning e</a>
<a title="Economia MAY 14 page 27" href="http://viewer.zmags.com/publication/bdbafbb9?page=27"> </a>
<a title="Economia MAY 14 page 28" href="http://viewer.zmags.com/publication/bdbafbb9?page=28"> Michael Izza The USP of accountancy I </a>
<a title="Economia MAY 14 page 29" href="http://viewer.zmags.com/publication/bdbafbb9?page=29"> OPINION TOP FIVE MOST READ STORI</a>
<a title="Economia MAY 14 page 30" href="http://viewer.zmags.com/publication/bdbafbb9?page=30"> OPINION Jason Cowley Divisions over Europe highl</a>
<a title="Economia MAY 14 page 31" href="http://viewer.zmags.com/publication/bdbafbb9?page=31"> </a>
<a title="Economia MAY 14 page 32" href="http://viewer.zmags.com/publication/bdbafbb9?page=32"> SWITCH TO OPPORTUNITY Three good reas</a>
<a title="Economia MAY 14 page 33" href="http://viewer.zmags.com/publication/bdbafbb9?page=33"> OPINION Cathy Newman A touch of the inaccurate p</a>
<a title="Economia MAY 14 page 34" href="http://viewer.zmags.com/publication/bdbafbb9?page=34"> The outsider As a European in America, a lawyer i</a>
<a title="Economia MAY 14 page 35" href="http://viewer.zmags.com/publication/bdbafbb9?page=35"> C hristine Lagarde insists s</a>
<a title="Economia MAY 14 page 36" href="http://viewer.zmags.com/publication/bdbafbb9?page=36"> Previous page: Outside Number 11 with George Osbo</a>
<a title="Economia MAY 14 page 37" href="http://viewer.zmags.com/publication/bdbafbb9?page=37"> “She has a discipline and capacity for work </a>
<a title="Economia MAY 14 page 38" href="http://viewer.zmags.com/publication/bdbafbb9?page=38"> FRACK OFF Environmentally </a>
<a title="Economia MAY 14 page 39" href="http://viewer.zmags.com/publication/bdbafbb9?page=39"> GLOBAL ENERGY British company 3Legs Resourc</a>
<a title="Economia MAY 14 page 40" href="http://viewer.zmags.com/publication/bdbafbb9?page=40"> D rilling f</a>
<a title="Economia MAY 14 page 41" href="http://viewer.zmags.com/publication/bdbafbb9?page=41"> no wonder Citigroup predicts that the fracking in</a>
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<a title="Economia MAY 14 page 44" href="http://viewer.zmags.com/publication/bdbafbb9?page=44"> ILLUSTRATION: MIKE LEMANSKI 44 </a>
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<a title="Economia MAY 14 page 59" href="http://viewer.zmags.com/publication/bdbafbb9?page=59"> For its part, the government has moved to sup</a>
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<a title="Economia MAY 14 page 65" href="http://viewer.zmags.com/publication/bdbafbb9?page=65"> PERFORMANCE MANAGEMENT</a>
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