Thanks. "The crucial difference, however, is that the ISA withdrawal is not a loan." As the two article links confirm,…
www.nber.org/system/files/working_papers/w32828/w32828.pdf While there is good evidence for automatic escalation in the US, it is not as powerful as its advocates…
"To what extent do minimum AE contributions need to increase? It would be good if everyone had contributions into DC…
Except they’re not saving into a pension, Minister unless we convert all those pots to CDC and give them what…
Monthly Archives: February 2021
Another expert – Woon Wong- finds USS accumulating surplus assets.
Universities’ superannuation fund is accumulating surplus assets – Woon Wong. 19 Jan 2021 Woon Wong1 believes that the valuation of the USS’s liabilities and the call for higher payroll contributions are incorrect. Woon argues that the scheme is entirely … Continue reading
IGCs should take providers to task over the MaPS “price comparison” site
Jo Cumbo and the FT are road testing the Government’s new pensions comparison site which helps people select a later life provider to pay them their money back via the four investment pathways. The worry for Jo and it’s … Continue reading
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Tagged investment pathways, jo cumbo, Kim Nash, Pensions, Ros Altmann
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The week’s Covid news includes the first haggis in space
Friday Report: Issue 35 By Matt Fletcher, Nicola Oliver and John Roberts COVID-19 Actuaries Response Group – Learn. Share. Educate. Influence. COVID-19 is still one of the hottest topics for scientific papers and articles. The COVID‑19 Actuaries Response Group provides … Continue reading
Con Keating calls the “obscurantism” of USS
In recent weeks we have seen blogs from Professors Emeritus Michael Bromwich and Dennis Leech both addressing the travails of USS. The blogs can be read here and here respectively. Professor Bromwich’s note is a particularly good attempt at piercing … Continue reading
Can the City of London recover? It needs your help!
The City of London is in trouble. The Daily Telegraph reports on twitter that it has lost 10% of its residents over period of the pandemic. The capital’s population is estimated to have tumbled by almost a tenth during the … Continue reading
Are we over the worst?
It’s a lovely day here in London . As I ran past the Covid testing tent in the square of the City’s Guildhall, there was no queue. This is what the City used to be like on Sunday, except it … Continue reading
Vaccines; acceptance and effectiveness
By Nicola Oliver and Josephine Robertson COVID-ARG.COM COVID-19 Actuaries Response Group – Learn. Share. Educate. Influence. Summary Around the globe we are seeing the delivery of vaccinations, in some countries … Continue reading
McCloud and member choice
It has been a big week for public sector pensions. Hot on the heels of the Government’s decision not to grant high earning NHS members pension freedoms, it announced yesterday how it was going to manage member choice for the … Continue reading
Salvation?
The Specator reports that the Church of England has had a very bad pandemic. A leaked document shows it expects its already-dwindling flock to be 20 per cent lower after lockdown. Rather than fight this, it is planning to close … Continue reading
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Gamestop is not a morality tale
I came across this article on Robin Powell’s TEBI blog . Robin put me in touch with co-author Alex Friedman and it is published with his permission, the original can be found here. The very best articles are written by … Continue reading
I did not find this , Torsten's most impressive work (not sure it was his). But it at least remind…