Monthly Archives: September 2020

Why I don’t support LCP and Royal London’s calls to boost DB transfer advice

  LCP and Royal London jointly presented to an audience of 300 industry professionals yesterday on the vexed topic of “helping members get transfer advice”. The webinar can be watched here  and as you’d expect from these organisations, this was … Continue reading

Posted in advice gap, age wage | Tagged , , , , | 5 Comments

Can Government put social freedom back in the bottle?

LATEST: All social gatherings of more than 6 people will be banned in England under new Covid-19 limits to be announced tomorrow by PM Boris Johnson. The police will have new powers to disperse and fine any group larger than … Continue reading

Posted in coronavirus | Tagged , , , , , | 3 Comments

Track records matter – but which track?

This gallery contains 2 photos.

            There is a fascinating thread building in the comments section of my post on Value Assessments and False Prophets.  In this blog I try to pick out the key dynamics of the comments and … Continue reading

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All party parliamentary group on pension scams takes shape

      Well done Andy Agethangelou and the Transparency Task Force for establishing an APPG to deal with pension scams. At a time when personal and financial vulnerability is high, attention to the threats to our pensions is welcome. … Continue reading

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L&G shows we can all innovate if we try!

This blog looks at how some pension providers are rejecting innovation and how one has built a powerful business – by embracing smart contracts and the blockchain. The lesson is clear – we can innovate if we try. Continue reading

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Bob Compton and Arc Benefits say “no” to tPR’s DB consultation

Bob Compton has kindly forwarded his responses to tPR’s consultation. Bob was reticent as his responses are short , to the point and in a single word “blunt” Continue reading

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Value Assessments and False Prophets

We need a way to find out what we’ve got for our money before we can be convinced we got value and that means giving us access to our own experience internal rates of return. the benchmark rate of return for our investment and  a way of making sense of the difference. Continue reading

Posted in pensions | 10 Comments

Covid-19 actuaries give us their monthly medical update

There is emerging evidence that those who have previously been confirmed positive for COVD-19 may not develop a sustained antibody response and are susceptible to reinfection. Continue reading

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Reasons to be excited about Marcelo Bielsa’s Premier League arrival

If you hadn’t heard of Marcelo Bielsa when he became Leeds United manager in June 2018, then you almost certainly will know his name now. In just two seasons at the club, Bielsa has been involved in a spying scandal, won a FIFA Fair Play Award, and been promoted to the Premier League. Continue reading

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Philip Bennett’s DB funding code response

Given that the future is unknowable (and particularly over very long time horizons), it is  poor regulation to encourage all DB Schemes to adopt similar investment strategies (herding). Continue reading

Posted in advice gap, age wage, pensions, Pensions Regulator | Tagged , , , , | 4 Comments