Monthly Archives: March 2023
Politicised pensions become anti-social.
Rishi Sunak has been trying to explain the budget’s pension reforms to the BBC and he’s not been doing a good job of it. “This is about cutting waiting lists…we need our best doctors, our experienced doctors, we need them … Continue reading
Vive la differance – Britain and France’s approaches to state pension reform
“To finance our [pensions] system, which is among the most generous in the world, we must progressively ask those who can to work more” Vive la France, vive la réalité économique. https://t.co/cozeSGgEEQ — Mike Harrison (@HigherEdActuary) March 20, 2023 This … Continue reading
Another Sunday, another bail-out.
Part one ; what’s going on with the banks? Just how confusing news of the take over of Credit Suisse by UBS appears is in this paragraph clipped from the FT’s overnight report on the matter. “This is no bailout. … Continue reading
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Tagged Bail out, Bank, Credit Suisse, Every day is like Sunday, Monday, Morrissey
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Do we need a cost and charges test to work out value ?
This is a long and involved blog but it deals with an important subject in a timely way. One of the perceived unfairness’s of DC rather than DB pensions is that DB pensioners have all costs paid by the … Continue reading
What’s it like to be retired? – (what they don’t tell you about retiring early).
Guest blog Martin Pollard Former Mechanical Engineer at Lawrence Berkeley National Laboratory (1980–2011)Author I retired at age 55. That was 11 years ago. Here are some of the things I noticed and learned. Retirement is not like vacation. In retirement you have a different … Continue reading
Was this really “Match of the Day”? (Simon Carne at his best)
This is a guest post by my friend Simon Carne You can sign up to Simon’s blog- “irregular thoughts” here. UK’s news agenda was briefly dominated by a contest in which both sides turned in a poor … Continue reading
Don’t go down without a fight – take advice before sacking your manager!
Julius Pursaill and I get on very well, we see eye to eye on most things and though I don’t have his investment insight, I think he recognizes I know a thing or two about how people think about pensions! … Continue reading
VFM – the greatest tech challenge for pensions today
The greatest tech challenge for pensions right now is not the pension dashboard. Dashboards are in the hands of DWP, Maps, the PDP and the Regulators and until the new PDP Chair arrives, we have to get on with doing … Continue reading
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“Love thine admin!” Kim Gubler’s ten commandments to pension schemes.
I have just had the pleasure of reading Jasmine Urquhart‘s excellent account of Kim Gubler’s address to the PASA admin and data forum yesterday. In summary Gubler called for Administrators to step up to the plate and get heard Trustees … Continue reading
Will pension reforms see a free-for-all for the wealthy few?
As the dust settles following the Chancellor’s bombshell abolition of the Lifetime Allowance, lawyers and pension consultants are looking at what has actually happened and what it means going forward. Rosalind Connor of Arc Pensions Law offers an interesting opinion … Continue reading