Monthly Archives: December 2022
Frustration as “care” gets kicked like a can down the road.
Social care is a problem that doesn’t go away, just because we ignore it. Thanks To Charles Tallack for this important thread. Overdue š§µon social care charging reform. It’s been more than 2 weeks since the govt announced delay, but … Continue reading
Terry Hall of the Specials (1959 – 2022)
Terry Hall has died at the tender age of 63. He had suffered most of his life with depression, perhaps induced when he was kidnapped and raped as a boy of 14. His concern for others was always at the … Continue reading
England’s “perfect” cricket team
With Beth Mead a nailed on certainty for Sports Personality of the Year, I’m focussing on our team of the year. The England’s Ladies Football team has done incredible things and my memory of the year is standing in Trafalgar … Continue reading
Arise Australia Fair!
The Australian retirement savings market has developed in 2022 in a positive way, a way I hope that the UK can follow. My friend Jim Hennington, signs off 2022 with thisĀ message about funding income from workplace retirement saving. Risks … Continue reading
Pension PlayPen Christmas festivities!
I’m looking forward to catching up with old friends and newĀ today (Monday 19th December). All members and non-members welcome! We will be on the upper floor at The Albion from 12:30pm ……dress code casual. Carriages at 3pm. Url LocationAddress … Continue reading
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LDI and Gilt Market Disruptions – some meanderings
Many of the advocates of leveraged LDI have claimed that they were able to weather the March 2020 pandemic panic well. We examine the price movements (using BoE data) over the month of March 2020 below as Figure 1. This … Continue reading
How did you enjoy the game?
The joys and trauma of being on the losing side in a world cup final are not known to those who support home country sides (unless you are a pensioner with a long memory). Jo Cumbo took off to Paris … Continue reading
2022 – a year when pensions tightened our belts.
There have been many good years for pensions this century and most people find themselves much better off than they were when pensions were last formally reviewed by the Government in 2004. But 2022 was a year when almost … Continue reading
LDI’s origin story is crucial to its future.
The question of how leveraged LDI came to become business as usual for DB pension schemes is raging at the Work and Pensions Committee. After a request from Committee Chair – Stephen Timms – the Pensions Minister has sent this … Continue reading
The difference a decent man makes (Paul Heaton and Lionel Messi)
I had the great pleasure of watching Paul Heaton play for two hours to 15,000 not very diverse fans in the O” last night. We’d had a lecture from Billy Brag earlier on , on tolerance but Heaton’s set explained … Continue reading