Monthly Archives: March 2018
The sharks using Brexit to prey on DB pensions.
You don’t have to go to Spain or Dubai to get poor advice on managing your retirement finances – try France. In this article, Des Cooney from Axis Consultants in Paris offers British expats this advice In the mean-time expats should … Continue reading
Posted in advice gap, Brexit, pensions
Tagged Axis, Brexit, Carillion, DB pensions, Des Cooney, Phil Loughton
5 Comments
DB Transfers all but triple in a year.
Transfers to other pension schemes10 RKQR 6,810 6,084 5,363 13,221 12,777 34,245 Andy is referring to the Office of National Statistics update to “Investment by insurance companies, pension funds and trusts (MQ5)” -table 4.3: … The numbers are confirmed by … Continue reading
In defence of small pension schemes
I went to bed worrying about this statement and woke up with it still rattling round my brain. “A lot of employers are fed up with their pensions and want to see the back of them, they want to see … Continue reading
Posted in actuaries, pensions
Tagged Alan Rubenstein, assets, ed truell, liabilities, pension, pensions, Venture Capital
11 Comments
IFAs and the defined benefit promise
This article explores the relationship between IFAs and defined” benefit schemes, one that has historically been uneasy. It argues that the polarisation of opinion between IFAs who see pensions as “pots” of wealth, and those who regard them as a … Continue reading
Dr Geoffrey Tapper – “Balm for both body and soul – and from a politician to boot”
This morning saw the funeral of my father at Salisbury Crematorium. Here is my tribute It isn’t hard to write about my Dad, he was a very public man , talked a lot and was much talked about. He gave … Continue reading
Something “DC” that John Ralfe and I agree on!
I sometimes think John and I will never agree, I am forever looking at the world half full and he “half empty”, where I see opportunity, he sees danger, where he sees certainty, I see parsimony. But when John posted … Continue reading
Posted in annuity, pensions
Tagged 401k, annuity, Colin Freeman, deferred, deferred annuity, John Ralfe, pension
3 Comments
Bill Galvin , stop whingeing to the FT and come down here!
Bill Galvin would be well-advised not to snipe at social media for peddling misconceptions about the University Superannuation Scheme. Dennis Leech, Professor of Economics at Warwick concludes a recent article with the question will this independent group be subject to … Continue reading
Posted in pensions, USS
Tagged Bill Galvin, first actuarial, ft, Hilary Salt, pensions, social media, USS, UUK
8 Comments
There is no need to increase contributions to USS – Dennis Leech
Dennis Leech is Professor of Economics at Warwick University. He has written several times on the current dispute over the future of the USS, most notably here , where he asks if the USS is really in crisis and here where he … Continue reading
Still playing with your pension yo-yo? Stabilise with #FABI!
The pensions ‘yo-yo’ coiled back again in February (2018), with the PPF 7800 Index falling back from its near 4-year record high last month. In contrast, First Actuarial’s Best estimate (FAB) Index remained stable for the fourth consecutive month. … Continue reading
Why is it easier to rate a washing machine than a pension?
If I want to buy a new washing machine I know where to start. I go to John Lewis, or I look on Kelco or I buy a Which magazine report. I do not need a washing machine adviser, nor … Continue reading
Posted in pensions
3 Comments