When only 8 to 15 mega-trusts dominate the entire defined contribution (DC) and LGPS landscape, peer-group risk may override manager…
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…
Monthly Archives: November 2016
The Election; making difficult choices
This is a long post by an American economist called John Mauldin; I didn’t know him but I think I do now! Thanks to Per Andelius for this holiday reading. I have a letter halfway done on economic/investment themes, but … Continue reading
Posted in pensions
Tagged Clinton, Economics, John Maudlin, Social Security, Tribal Politics, Trump
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“Sustainable investment – economic imperative or political fad? ” Tomorrow’s Pension PlayPen Lunch.
Tomorrow we will have an announcement from one of our leading DC pension plans that it is switching its default option into a fund that focusses on sustainable investments. To mark this, we will have a special pension playpen … Continue reading
Posted in pensions
Tagged Counting House, pension playpen, sustainable, Sustainable Investments, Technology
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Respect for the self-employed
It’s a truth as old as the hills that there are two types of self-employed. Those who choose to be and those who have no choice. Most people who read this blog have more experience with the “professional” classes who … Continue reading
Posted in pensions
Tagged DWP, Economy, Government, HMRC, Matthew Taylor, National Insurance, Paul Lewis, pensions, RTI, UK
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The value of your pension and the value of your house (Professor Mike Otsuka)
Professor Mike Otsuka, teaches at the LSE , he’s written about First Actuarial’s approach to valuing pensions in this blog, the original of which you can find here. People understand houses and know that it’s only when you come to … Continue reading
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Tagged Buy-to-let, Fab Index, FABI, first actuarial, LSE, Mike Osuka, USS
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It was our Gina what done it!
The unexpected decision in the Supreme Court to give power to our parliament to debate the pushing of the button, created an upheaval in financial markets that had more or less given up on anything than a hard Brexit. The … Continue reading
Con Keating responds to John Ralfe in FT letters
This is a letter published by Con Keating in the Financial Times. Sir, I am surprised that John Ralfe is baffled by my proposal for a more accurate evaluation of defined benefit pension liabilities (Letters, October 28). Not only have … Continue reading
“It’s not what you’re saying, it’s what we’re hearing”. DB needs clearer messaging.
I hate falling out with old friends so I wasn’t happy when Raj Mody phoned me and told me that I’d pissed him off. Well he put it more mildly than that but when an actuary says he’s disappointed, you … Continue reading
The Pension Network -November 17-18 A special offer for readers of this blog
This is a straight advert for an event that’s coming up on 17th and 18th November. If you are a member of the Pensions Network, then you’ll know about how it works- it’s been running ten years now and it … Continue reading
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Tagged Con Keating, John Moret, Pendley Manor, pensions, Robin Ellison, TPNW
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Is Trump a “necessary agent of change”?
“An imperfect candidate but a necessary agent of change” Not my formulation but the unconsidered response to my question. I was standing at the bar of the Westminster Arms following a successful meeting with Share Action in the house … Continue reading
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Tagged Brexit, change, Farage, globalisation, nostalgia, Populism, Trump, US Elections
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Scottish teachers' pay increases, such as the recent multi-year agreement negotiated via the Scottish Negotiating Committee for Teachers (SNCT) covering…