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…
That is a good point about the ordinary person/voter due to being too poor to get interested in political donations.…
Monthly Archives: January 2021
“Assumptions are dangerous” – Bromwich on USS
Universities Superannuation Scheme (USS): A consultation for the 2020 Valuation[1] Some General Views Michael Bromwich [a] Assumptions are dangerous things to make, and like all dangerous things to make, bombs, for instance, or strawberry shortcake, if you make even the … Continue reading
Moral hazard and the “compo culture”- must good pay for bad?
Blow to the trust in our profession. We could have organized to help people and divi the work for an industry wide agreed fixed fee on this. People matter. #financialplanning #values #trust https://t.co/wJghgWZEOe — Clémence Chatelin (@CChatelin) January 25, 2021 … Continue reading
Posted in actuaries, advice gap, CDC
Tagged Al Rush, BSPS, Compensation, FSCS, moral hazard, Pensions
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Are we “too old – too fat” – or are we just not managing Covid too well?
Therese Coffey has had a row with Piers Morgan as reported on the newswires. Here’s the Mirror’s version of events. Piers Morgan furious as MP Therese Coffey storms off GMB after ‘insulting’ remark Work and Pensions Secretary MP Therese Coffey … Continue reading
Can the private sector be trusted to pay us a “living pension”?
I’ve advertised the forthcoming report from the Resolution Foundation on this blog before. I’m pleased to see that it will be discussed by a notable panel later today and I hope that a recording of the session will be circulated … Continue reading
Action is urgently needed on the net pay pension issue
Call to action Action is required to address a systematic unfairness in the tax system that is disadvantaging many low earners saving for their retirement. 1.7m low earners are potentially affected by this, many of them women, and it … Continue reading
Some thoughts for IGCs and Providers on investment pathways.
It’s nice to get into conversation with Peter Robertson, who I know as the first man promoting Vanguard in the UK but many know as the doyen of Standard Life International. Peter sent me an article he’s written directed at … Continue reading
Posted in investment
Tagged Drawdown, IGC, investment pathway, lawrence churchill, Peter Robertson
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Buzzing for the DB funding code?
Views of the proposed DB Funding Code from Con Keating In their weekly Pensions Buzz survey, Professional Pensions posed the following question: “Is TPR’s approach to the new DB funding code the correct one in your view?” There were 100 respondents … Continue reading
Posted in actuaries, advice gap
Tagged DB Funding Code, Funding Code, Pension Buzz, professional pensions
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Compassion for the pension liberated
We have two strong women to thank for today’s news; Jo Cumbo and Margaret Snowden. I could add other strong women who have stood up and fought for themselves having been scammed – Sue Flood and Manita Khuller , … Continue reading
Posted in pensions
Tagged Angie Brooks, josephine cumbo, Lesley Titcomb, Margaret Snowden, pension, Pension Liberation, Sue Flood
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COVID-today’s science update from the C19 actuaries
Friday Report: Issue 34 COVID-ARG.COM By Matt Fletcher, Dan Ryan and John Roberts COVID-19 Actuaries Response Group – Learn. Share. Educate. Influence. … Continue reading
The breach of trust the FCA has yet to address
The MP’s Nick Smith and Stephen Kinnock held a press conference yesterday to remind the FCA that 3 years after the hard closure of “Time To Choose” , steelworkers are still waiting for something to happen by way of compensation … Continue reading
This is clearly a serious story about institutional accountability, bankruptcy and the treatment of former employees. But, although the immediate…