Category Archives: actuaries

How we see the new annuity framework working

Pension PlayPen response to the Treasury Paper “Freedom and choice in pensions.”     Pension PlayPen Ltd trades as and is a leading portal through which employers and their advisers access information establish workplace pensions. This response has been … Continue reading

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More trust, fewer Trusts please!

Take a look at this table (reproduced with the express permission of the Pension Regulator). It tells us that we have too many private sector trust based DC schemes (it also tells that we don’t know the difference between a GPP and DC … Continue reading

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“More choice – no guidance” – the basic state pension top-up.

The basic state pension, second state pension and soon to be single state pension are annuities purchased from the State by National Insurance Contributions. With all the noise around the annuities you purchase from insurance companies, we can easily forget … Continue reading

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Think first – sell later

Think first – sell later- a dictum to be followed in the next 12 months Continue reading

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Why clever people don’t do jargon

  I think the best actuaries are hard to spot, you wouldn’t know they were actuaries. The same goes for the best investment managers. Last night I had dinner with Eve Finn and a table full of Legal & General … Continue reading

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The shape of things to come? US class action on DC fees

Thanks to my favourite Swedish lawyer, Per Andelius for this extraordinary story. Fidelity are being taken to court by members of their DC plan for charging $355 record keeping fees per member against an underlying cost of $10. Why this matters because … Continue reading

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Why the ABI are so wrong about CDC -guest blog from K. Wesbroom (m.genius)

This blog was first published on mallowstreet by the inimitable Kevin Wesbroom, whose bouffe is only matched by Ros Altmann’s and whose intellect is matched only by his integrity. Think big – think Kevin!   CDC – the case Against … Continue reading

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The value of the triple-lock,

No doubt there will be many commentators who will sneer at this promise of Cameron’s. I will not be one of them. Continue reading

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A promise or a guarantee?

If Steve Webb wants AE to work, he should stop turning promises into guarantees and burdening employers with unforeseen liabilities and huge consultative and administrative costs. Continue reading

Posted in actuaries, auto-enrolment, corporate governance, EU Solvency II, Fiduciary Management, leadership, Liability Driven Investment, pension playpen, Popcorn Pensions, steve webb | Tagged , , , , , , , , , , , | Leave a comment

The trusted word

This is the model for what we are doing with Pension PlayPen, an attempt to harness the energy and credibility of a linked in group, the probity of an actuarial practice and the needs of advisers, employers and regulators to see through a great endeavour, the wholesale adoption of funded workplace pensions into our business culture.
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