Tag Archives: Liability Driven Investment

When only a dedicated project manager will do – AE needs new advisers.


Most pension people trying to project manage auto-enrolment have found themselves out of their depth. Whether you are an actuarial consultant or an IFA the issue is the same- you know little about HR processes and less about payroll. Integrating … 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

Posted in actuaries, pensions | Tagged , , , , , , , , , , | 1 Comment

From old to new – minimising disruption from pension reform


This post puts forward a new paradigm  for 2014 , based on  adjustments to the 2013 mindset. My assumptions are;- We are about to enter a new world where trail commission, active member discounts and higher cost investment defaults play no … Continue reading

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Do employers have a duty of care to their staff when they retire?


If you take the Daily Express, you will have been reading a series of front page headlines about “rip-off pensions”. Here’s this Thursday’s edition http://www.express.co.uk/news/retirement/423869/Millions-hit-by-scandal-of-pensions-rip-off . The argument is based on some recently released figures “A 65-year-old with average pension … Continue reading

Posted in advice gap, annuity, auto-enrolment, brand, club pension, customer service, dc pensions, pensions | Tagged , , , , , , , , , , , , | 4 Comments

“Pensions people can trust” – a proper kick in the nuts.


If we could only lift up our eyes from our spreadsheets and do some strategic thinking, we’d be grateful that Labour are trying to clean up our act. Continue reading

Posted in annuity, auto-enrolment, dc pensions, defined aspiration, mallowstreet, pension playpen, pensions, Retail Distribution Review | Tagged , , , , , , , , , , , , | 12 Comments

Mothball NEST till 2017


Should we mothball NEST and brush it off in 2017? Maybe a little drastic but we certainly need to scale back the amount it is spending both in events and it its payroll.
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Posted in dc pensions, NEST, pension playpen | Tagged , , , , , , , , , , , , , , , , , , | 5 Comments

PPF II -opening the door for a better DC


We are where we are – the social contract has been decided… not compulsion but impulsion; impulsion  into a DC pensions model that relies on the markets to deliver a second tier of pensions. Our retirements will be funded from employer and employee contributions over a … Continue reading

Posted in annuity, corporate governance, Liability Driven Investment, NEST, OECD, pension playpen, twitter | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | 6 Comments

The Regulator, wisdom and the crowd


The Pension Regulator, it needs be said , did not have a good Professional Pension Show. Things started well enough with a keynote speech that laid out its 2012 agenda Get DB solvent Get DC sorted Get Auto-Enrolment in Simples… And that … Continue reading

Posted in annuity, corporate governance, customer service, dc pensions, de-risking, Fiduciary Management, Liability Driven Investment, NEST | Tagged , , , , , , , , , , , , , , , , , , , , | 4 Comments

It’s the legacy, stupid!


If we really care about retirement outcomes, we have to think about this stuff and the £20bn of unclaimed (orphaned) pensions that are hanging around in the back cupboards of life companies and occupational pension schemes alike. Continue reading

Posted in annuity, corporate governance, customer service, dc pensions, de-risking, Liability Driven Investment, Martin Lewis, pensions, Treasury | Tagged , , , , , , , , , , , , , , , , , , , , , , | 6 Comments

The man from OECD says “guess”


It’s a sobering time for those involved in pensions policy and for those who are trying to advise companies and people in how to organises their finances to meet their retirement income needs. One thing people don’t want to do is guess. They … Continue reading

Posted in annuity, corporate governance, dc pensions, Liability Driven Investment, NEST, OECD, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , | 8 Comments