This is clearly a serious story about institutional accountability, bankruptcy and the treatment of former employees. But, although the immediate…
Here's another way for a pension fund to get in the soup. https://bayourenaissanceman.blogspot.com/2026/09/the-catholic-clergy-sex-abuse-scandal.html
I had earlier today read a medical research article reporting on a Japanese study that found that “supercentenarians” — those…
The simple truth is that the pension system is very good at taking your money, and may or may not…
Daily Archives: November 27, 2010
A massive failure of nerve – the sad state of our DC pensions
Last year 460,000 people bought annuities from their DC pensions, Two thirds of these people did not bother to get the best rate for their accumulated funds and as a result suffered on average a 10% lower pension than those who did. Continue reading
Posted in corporate governance, dc pensions, de-risking, EU Solvency II, Fiduciary Management, Liability Driven Investment, NEST, pensions, Personal Accounts, Retirement
Tagged corporate governance, dc pensions, de-risking, Department for Work and Pensions, Employment, EU Solvency II, Fiduciary Management, Hargreaves Lansdown, Liability Driven Investment, Mike Wadsworth, National Employment Savings Trust, NEST, pension, Pension new, Pension Pound, Pension Poverty, pensions, Pensions, Persnal Accounts, Personal Accounts, Politics, Rensselaer Polytechnic Institute, Retirement, Society, Tom McPhail
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When only 8 to 15 mega-trusts dominate the entire defined contribution (DC) and LGPS landscape, peer-group risk may override manager…