Monthly Archives: January 2023
SEI discovers their “DC pensions” don’t make sense – time for a change?
SEI – the upmarket mastertrust owned by an American multi-manager is keen to find out more about what their members think. It’s commissioned our old friends Ignition House , headed by Jannette Weir to tell them. Steve Charlton , … Continue reading
Dawid Konotey-Ahulu CBE
I am very pleased to hear that Dawid has been awarded an CBE for services to Diversity and Inclusion as Co-founder of 10,000 Interns Foundation. Many people talk of diversity, Dawid lives it. Where Dawid has travelled from Dawid Konotey-Ahulu … Continue reading
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“Destination DC?” – don’t rely on Wombat airlines
I’ve enjoyed this blog a long time but never found the right occasion to publish it. This being the first business day of 2023, I’m re- publishing it now (the original is on the website of the Australian Actuary). Pensions … Continue reading
Pensions or growth? Or both?
In 2022, attempts to de-risk UK DB pensions put the Government’s borrowing capacity in peril and led to an increase in borrowing costs for most UK citizens who now pay a “moron premium” on money lent to them. I challenge … Continue reading
American reforms aimed at the up and coming retirement saver
Before we beat ourselves up about our pension saving system, take a look at what is happening on the other side of the pond. The American system works for those who work long and hard and who have healthcare, it … Continue reading
Is CDC too big a bet on world stock markets?
James Sharpe, who runs his own boutique actuarial business, has made an important challenge to those of us who take the optimistic view that we can link our prospective pensions to the performance of world pension markets. He has presented … Continue reading
People turning to DIY state pension healthchecks
The various households I’ve been in over the Christmas period have included some sick people. None have been near a surgery, AE or even a pharmacy, preferring to ride out their colds, flu and Covid using Lemsip and Cough Mixture. … Continue reading
The New DB Code ; Iain Clacher & Con Keating
It has long been a central tenet of UK policy that government should not seek to control or direct the investment of private sector savings. Such practices have been widely regarded as markers of ‘banana’ republics for almost as long. … Continue reading
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2023 is not an hour old before pensions hit the headlines
The first thing I read in 2023 was the lead story by Josephine Cmubo in the new year’s day edition of the Financial Times. Her article reignites the fires flaming before the Christmas break over the purpose of pension scheme … Continue reading
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Tagged Edi Truell, jo cumbo, LDI, Long Term Assets, pension funds
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