Monthly Archives: April 2023
Consultants – we must end the “AMC limbo” now!
A long time ago , I and a colleague were presenting to the trustees of the parliamentary DB pension plan (the PCPF), an alternative AVC arrangement to the Equitable Life (whose proposition was collapsing). We knew that we were offering … Continue reading
“Insurers don’t understand investment”- that is the pensioner problem
Many comments on my blog are so well argued that they should be published as blogs in their own right, rather than languish in the obscurity of the archive! Some comments go unpublished but all are welcome (other than the … Continue reading
The Pill he is ; how can our Bank’s economist be so out of touch?
Since the middle of the 19th century, people have been using “pill” to refer to people who are hard to swallow for one reason or another. A person might be called a “pill” for being unpleasant, foolish, boring, weak, or … Continue reading
What will the IFS pension review – do?
Last week the Institute of Fiscal Studies launched a major project reviewing the UK pension system and the future of financial security in retirement. It will do so not with public money but with money from a trust set up … Continue reading
Norbert Fullerton’s Chinese take-away
This article ‘s here because of an article on LCP’s website, written by Norbert Fullerton. He marvels at how the Chinese have consistently been better at table tennis than any other country over decades. You can read the article here. … Continue reading
Forget the doors, we need new stables – FCA and TPR’s LDI guidance
I doubt that any conversation surrounding TPR and FCA’s guidance on managing LDI will not reference stable doors, horses, creaking hinges or boults. Being wise after the event is something we are all very good at, being wise before the … Continue reading
“A different way to buy a pension” Arun Muralidhar speaks to PlayPen TODAY!
CLICK THIS LINK TO RESERVE YOUR PLACE Arun is a genuine enthusiast for pensions and anyone interested in how we can make them simpler, more secure and more popular should attend tomorrow’s session Arun is a man full … Continue reading
London Marathon – the stories of Sifan and Sara!
Every little helps and my feeble contribution to Sifan Hassan’s wonderful victory yesterday occurred as she emerged out of the tunnel that runs under Barnard House in the City of London. Such amazing races – here are the women … Continue reading
LCP – doh ray me!
We were having a sing song yesterday afternoon and it got “pensionlitical”. Doh! – it’s dear – DB is dear Ray – I read it in the Sun Me – DC! I’m by myself Fah – how long will drawdown … Continue reading
Labour should pick its fights – capping people’s pensions should not be one of them
Labour says re-instating the #pensions lifetime cap would be prudent for the nation’s finances. via @telegraph https://t.co/Q0j0P07OtU — Josephine Cumbo (@JosephineCumbo) April 23, 2023 There are many things wrong with our pensions system, but removing a cap on people’s pensions … Continue reading