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: May 2017
“So why aren’t there more women in pensions?” – Jess Jones
“If women were in charge, the 2008 financial crisis wouldn’t have happened”- Christine Lagarde. So why aren’t there more women in pensions? I’m a 23-year-old woman who works at Quietroom, a communications consultancy. As a relative outsider to the … Continue reading
Posted in pensions
2 Comments
The £1 Trillion Gain From Dumping Pension Convention
You wait ages for one to come along then two come along at once. Not buses, but reports disrupting established thinking on how we value pension liabilities. Nikesh Patel, Head of Investment Strategy UK & Maya Beyhan, Investment Strategist at Kempen Capital … Continue reading
Posted in pensions
Tagged Discount rate, Fab Index, FABI, gilts plus, Kempen, pension, pensions, Superflat, valuation
5 Comments
You voted in Paul Lewis’ poll on Govt. SPA disclosure deferral.
The Government has deferred a decision to publish it’s position on the state pension age until after the General Election . It should, by law, be published before today. The flash vote is closed and here are the results … Continue reading
The Sun rescues readers from Benpal bedlam!
We have JLT – Professional Pension’s “Administrator of the Year 2017” to thank for this headline. I can now reveal that the nonsense that inspired the Sun to question what was going on with the default investment fund … Continue reading
Posted in Pension Freedoms, pensions
Tagged bad language, Bedlam, Benpal, JLT, journalism, Language, pensions, Scottish Widows, Sun, Technology
2 Comments
WTW-you don’t “de-risk”; you transfer risk!
In late March, Willis Towers Watson (WTW) published a survey of the choices made by 170,000 members of occupational defined benefit schemes. This is the question the survey sets out to answer “What choices have pension members made since the dawn … Continue reading
Posted in pensions
Tagged CETV, ETV, Pension Risk, Pie, Risk, Risk transfer, Willis Towers Watson, WTO, WTW
2 Comments
The past, present and future of Pensions #autoenrolment
On Wednesday , at 5pm , I’ll be explaining these slides at Accountex 2017 – a talk generously sponsored by the Chartered Institute of Payroll Professionals. It’s going to be a fun, provocative and I hope instructive talk and I’m … Continue reading
Posted in auto-enrolment, pensions
Tagged Accountex, Accountex17, auto enrolment, CIPP, Insurers, NEST, NOW, pension playpen, pensions, People's Pension, Sage, The Pensions Regulator
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If not a house…what ?
This chart taken from Office of National Statistics Data – seems significant. It shows that in the period following the financial crash renting became the norm for young adults in the UK. Buying a house in your twenties was – … Continue reading
Posted in pensions
Tagged finance, House, house prices, households, millenial, UK, young adult
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Can we please get beyond politics!
Yesterday was a big day in politics, a day when UKIP became irrelevant to local government and conservatism reasserted itself in the shires. It was a busy day for me and I found myself writing a piece for a … Continue reading
Isn’t life looking up for our DB Plans?
Say it quietly but the outlook for our defined benefit pension schemes is improving. Members , trustees and sponsoring employers can be heartened by five concurrent signals – all of which suggest that the cataclysm predicted last year by … Continue reading
Posted in pensions
Tagged CETV, FABI, mortality, pension, pensions, risk-free, Technology, valuation
5 Comments
Bad language gives pensions a bad name.
Yesterday a financial journalist called about a confusing e-mail she had seen showing changes to a friend’s pension plan The letter was trying to explain how the friend’s fund management would change – to give her freedom and choice in … Continue reading
Posted in pensions
Tagged annuity, bad language, communication, Drawdown, Flexi-access drawdown, jargon, pension, pensions
9 Comments
Scottish teachers' pay increases, such as the recent multi-year agreement negotiated via the Scottish Negotiating Committee for Teachers (SNCT) covering…