Here's another way for a pension fund to get in the soup. https://bayourenaissanceman.blogspot.com/2026/09/the-catholic-clergy-sex-abuse-scandal.html
I had earlier today read a medical research article reporting on a Japanese study that found that “supercentenarians” — those…
The simple truth is that the pension system is very good at taking your money, and may or may not…
That is a good point about the ordinary person/voter due to being too poor to get interested in political donations.…
Monthly Archives: May 2024
Wayhome’s long way home
As those of us who heard Nick Lyons speak at the equity release summit last week will remember, there are two great stores of wealth in this country. One is our stock of funded pensions and the other our stock … Continue reading
Whoever aspires to be adequate?
“Adequacy is the defining challenge of our generation” says incoming Chair of the Association of Consulting Actuaries , Stewart Hastie I do not know of anyone who aspires to just get by, be ok, have an adequate lifestyle. Being a … Continue reading
Revealed;- the Giant Jenga Challenge to buyouts
An Obscure, Recent, Regulatory Update can Improve Pension Provision and Boost the City A regulatory update can bring about major improvements in pension provision says C-Suite’s William McGrath. From April 2024, under Technical Actuarial Standard 300 version 2, actuaries … Continue reading
Is there a higher law?
In olden days there was a divine right of king that trumped the law of the land, or so monarchs asserted. Now Trump asserts a higher law, the presidential election as a higher law than the state court. He tells … Continue reading
Křetínský’s bid for IDS secures not scuppers Royal Mail’s CDC plan
Those who think that Daniel Křetínský’s bid for his EP Group (Bidco) to take over Royal Mail and stop the CDC scheme had best read the small print of its offer for IDS (Royal Mail’s parent). The RMCPP is the … Continue reading
Posted in pensions
Tagged CDC, CWU, Jon Millidge, pension, pension surplus, Royal Mail, Surplus, Terry Pullinger, Unite
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The difference between opportunistic theft and systemic pension fraud
I thought I’d look at what was making headlines in the trade press this morning and found, not surprisingly – two stories on fraud. The first involves my friend and hero Margaret Snowdon. Margaret looks not just at the crime … Continue reading
Look no LTAF! XPS delivers DC illiquids through a blended fund.
It is heartwarming to see a pension consultant designing a product for the good of savers who otherwise might get left behind. Much is made of consolidation of DC pension schemes but there is a core of smaller DC schemes … Continue reading
Charles Randell , Iain Anderson and Labour’s unlikely signatories.
Yesterday, via this video , Labour published a list of 100 business influencers , who supported its business agenda. I don’t know 90% of them , know a few by reputation and only two personally. I did not expect to … Continue reading
I don’t want my money sitting in the Bank (of England)
That Toby Nangle is a clever chap, I have been trying to work out what he is going on about in the FT all day and think I’ve got the hang of it. To paraphrase and precis.. While the … Continue reading
ISIO’s insightful report on professional trustees in 2024
ISIO’s latest survey on the state of the Professional Trustee market makes fascinating reading and Mike Smedley’s frank assessment of the results made for a good use of time. You can watch a rerun of the event from this video. … Continue reading
This is clearly a serious story about institutional accountability, bankruptcy and the treatment of former employees. But, although the immediate…