Monthly Archives: February 2024

It’s the investments – stupid!

I had one of those moments yesterday when you realise what you are actually doing and are able to explain it with blinding lucidity. Like Paul had on the road to Damascus We’d been labouring through chart after chart , … Continue reading

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DB closure trends continue despite brighter funding horizon

    The Pension Regulator has published some updated numbers on the aggregate numbers of DB and hybrid (DB/DC) schemes in the UK. These are updated numbers from those from the PPF’s purple book and no doubt will keep Keating … Continue reading

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I come to praise the state pension – not to bury it

We have been deluged with articles this week, urging us to reduce our reliance on the state pension in favour of auto-enrolment. Don’t rely on the state pension. Hope for it of course but rely on auto enrolment instead. pic.twitter.com/56jZ4ALlfz … Continue reading

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“Forfeiture” – is not what we had in mind for Granny.

I’m pleased to announce that on March 5th, the week after the PLSA’s annual conference, Norma Cohen , Harry Skoffin and I will be sitting down at the Pension PlayPen Coffee Table to work out what pension schemes should be … Continue reading

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Do we trust anyone but the sub-postmasters?

There was a debate in my house last night about who was telling the truth in the argument between Kemi Badenoch and the most recent former Chair of the Post Office. The Chair had been fired for reasons which weren’t … Continue reading

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How one actuarial consultancy is protecting “advice” and advisors.

This morning we will be having a different kind of Pension PlayPen coffee morning. Sarah Abraham of First Actuarial will be talking about the threat facing the advice industry from perceived mis-selling of pension transfers during the second half of … Continue reading

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Pension Funds sidestep Chancellor’s three golden rules

As we prepare to make the trip to Edinburgh to the PLSA investment conference, I thought it would be opportune to see how pension funds are reacting to the Mansion House statements made by the Chancellor last June. I say … Continue reading

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Exposing the Ground Rent Grazers – and their Pension Protection Racket

🐷EXPOSING THE GROUND RENT GRAZERS🐷 This one’s for @BimAfolami, @RishiSunak, @michaelgove, @Lee4NED and @mtpennycook. In a general election year, it is crucial to debunk the sector spin of the ‘ruined granny’ and show who is really behind the protection racket … Continue reading

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Is the pension mortgage due a refresh?

Thanks to James Hawkins for this super-interesting post that takes me back to the first fifteen years of my working life when I was supposed to be selling pensions but ended up selling mortgages to first and second generation families … Continue reading

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LDI “episode” cost our pensions £166,000,000,000

An Analysis of the Pensions Regulator’s Review of impact on DB landscape following (the) LDI Episode: Part 2 This is the second of our blogs commenting on TPR’s Report to Work and Pensions Committee on LDI. The first can be … Continue reading

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