Monthly Archives: August 2011

IFEs not IFAs


If you’ve followed my posts over the past few days, you’ll l know I’ve referred to a debate between advisers, insurers, pension managers and trustees which started out discussing the ethics of incentivizing  enhanced transfer values and has moved toi discussing how and when advice … Continue reading

Posted in annuity, corporate governance, dc pensions, de-risking, EU Solvency II, Liability Driven Investment, pensions, Retail Distribution Review, Retirement, Treasury | Tagged , , , , , , , , , , , , , , , , , , , , , , | 18 Comments

A broken housing market?


I have to admit to being baffled this morning by reports that house prices are set to increase by 25% (relative to what?), that rents will soar and that social (council) housing  will become scarcer. Apparently we are building less houses … Continue reading

Posted in corporate governance, dc pensions, RBS, Retirement | Tagged , , , , , , , , , , , , , , , , , , | 1 Comment

The right to screw up your pension


There’s a place in Iceland where the American and European tectonic plates grind together like two sets of molars. At Thingvellir you can smell the sulphur emitting from the fissures where the plates grind and you can peer into the unfathomable … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , , , , , | 15 Comments

Linkedin Jungleland


It exists because of the same urge I had as a thirteen year old – I just wanted to get out more. Continue reading

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Top bum ,sedition and Gadaffi the penguin


“What” , you might be asking, ” is going on here?”. Continue reading

Posted in Facebook, poetry, social media, twitter | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

When we make company pensions compulsory..


My point is that the pensions industry has a once off opportunity to get it right, this is our London Olympics and while we need to have our heads down making sure the infrastructure to make this work is in place, we should take a little time out to celebrate the fact that this “new day” is but a year away (M &S will be auto-enroling this time next year).

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Posted in annuity, corporate governance, dc pensions, mallowstreet, NEST, pension playpen, Retirement | Tagged , , , , , , , , , , , , , , , , , | 11 Comments

Seafaring


My mood ‘mid the mere-flood,
Over the whale’s acre, would wander wide Continue reading

Posted in ezra pound, poetry | Tagged , , , , , , , , , , , , , | 1 Comment

Life in the fast lane


I am writing to you from the fast lane of the M3 adjacent to Bracknell. Is writing therapeutic? I am not sure, but I suspect that you are probably asking yourself whether I am writing and driving at the same … Continue reading

Posted in Fawlty Towers, poetry | Tagged , , , , , , , , , , , | 2 Comments

The diffidence that faltered…


To some extent, we are the architects of our own penury!

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That ETV debate in full


Sometimes people’s comments on blogs are more interesting than the blog itself- this is certainly the case in a blog I wrote last week on “Enhanced Transfer Values” the thrust of which is that there are better ways to de-rsik defined benefit pension plans than by giving members cash bungs to transfer out theirguaranteed rights.
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Posted in annuity, dc pensions, de-risking, pension playpen | Tagged , , , , , , , , , , , , , , , , , , | 11 Comments