Monthly Archives: May 2023
“So what’s a pretty ILG doing here, then?” The indexed linked gilt’s called to account.
This blog looks at how index-linked gilts came to be and asks what they are doing in LDI portfolios – its authors are Jon Spain and Con Keating In 1980, the Wilson Report was published, recommending that the UK government … Continue reading
Spoiled for choice – two chances to hear LCP’s radical proposals for DB pensions
One of the best Pension PlayPen coffee mornings was delivered by Steve Hodder a couple of weeks back. The teams file went missing but it’s been relocated and I’m pleased we can now share what was said and asked. It … Continue reading
“Don’t bank on living average”! Aussie plan investments that last as long as we do!
This blog’s by my friend Jim Hennington, an Australian actuary who translates charts into simple messages. If you are interested in the delivery of investment solutions that the Australians are devising to meet this issue, then click on the link … Continue reading
Posted in pensions
Tagged Australia, Investment annuities, Jim Hennington, Pensions, Retirement Income Covenant, UK
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Capita in the dark- dashboard in the lay-by. No news ≠ good news
No news ≠ good news from Capita Capita are reported in the Times to be estimating the cost of the hack of pension data to be £20m to its shareholders. In its third stock-market announcement since it revealed it had … Continue reading
From tactical to the trivial , Ukraine’s on our mind.
The top-read story in the FT had nothing to do with the financial times but to do with a counter-offensive by the Ukrainians in a flattened City on the country’s south eastern province. We have a huge appetite to hear … Continue reading
Even the best can be beaten by pensions
I remember my Shoot annual having a feature on great goalies – “even the best can be beaten” was a line I adopted for myself as I stood between the sticks for my school. This picture – from a 1965 … Continue reading
Why Pension Bee are right to push for a 10 day switch guarantee
It’s worth looking in more detail at Pension Bee’s work on DC transfer times. Paragraphs in italics are from yesterday’s much reported press release, my comments are not italicized PensionBee analysis of Origo’s Pension Transfer Index has uncovered a 31% … Continue reading
Posted in pensions
Tagged clare reilly, DB transfers, Pension Bee, Romi Savova, transfers
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Has it really come up roses for UK’s private sector DB schemes?
The rosier funding position for UK private sector DB schemes marks a massive shift from 2019, when there were 3,089 schemes in deficit and 2,361 schemes in surplus, according to the PPF index. — Josephine Cumbo (@JosephineCumbo) May 9, 2023 … Continue reading
How our savings can compete for Europe’s best investment deals
I title my blog “AgeWage- making your money work as hard as you do”. Its two big themes are that pensions need to become a replacement wage in later life and that, when funded – they invest with maximum impact. … Continue reading