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: June 2024
Don’t buy house-price “project fear”.
The realisable value of the property or leasehold that you own is subject to market forces. The Conservative line is that they will support the property owning classed by keeping prices higher. House prices do not necessarily rise, they go … Continue reading
Why has the London Stock Exchange swapped its pension scheme for an annuity?
Nicholas Lyons, Chair of Phoenix Group (owners of Standard Life) has his offices on one side of Paternoster Square, the London Stock Exchange is on the other. Nick Lyons nudged me to read this story this morning on Linked in … Continue reading
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Congratulations India
क्रिकेट इतिहास का सबसे बेहतरीन कैच, इतिहास में अमर हो गए सूर्यकुमार यादव #INDvSA #T20WorldCup | Congratulations India | #SuryakumarYadav pic.twitter.com/Zp5qZ7ZQjw — Abhishek Lohia (अभिषेक लोहिया) (@JuniorLohia) June 29, 2024 Last night witnessed India beating South Africa to win the … Continue reading
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Transfer by cheque? What the heck!
Sam Downes has uncovered an extremity of ineptness within the pension system which she might take as a proxy for the investment service that drives the value of her money. Would I send a cheque to a provider, almost certainly … Continue reading
Muddles Green – pensions at the crossroads?
My favorite actuary finds himself in the depths of Sussex emulating Pablo Picasso. Is this pretentious, amusing or just plain daft? My “Spot the difference” skills tell me that Pablo’s sign pointed to “Laugh” rather than “Lewes”. though I suspect … Continue reading
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Tagged Andrew Young, Farley House, Muddles Green, Pensions, Sara Protheroe
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Puzzlement over pension’s adequacy….
I read well-intentioned reports, VFM podcasts and endless webcasts on the importance of “getting to 12%”, the PLSA’s target level of minimum funding for workplace pensions. The 2017 AE reforms are supposed to be implemented by the middle of this … Continue reading
Private school fees are driven by market forces not pension costs
Let’s put a little context around this. I was a boarder at Bryanston School in Dorset. This school publishes its school fees on its website These fees may seem affordable until you clock that they are not for a year … Continue reading
“Long ILGs Revisited” Con & Jon ask why they’re in our DB schemes.
We have just updated http://www.ukrpi.com, with the statistics and various charts updated until the end of 2023. Just over a year ago, Henry Tapper kindly published our short piece (link below), in which we wondered why ILGs have been so … Continue reading
How Steve Webb influences the general election (as we don’t)
With impeccable timing, HMRC have just published annual figures on numbers of pensioners paying tax. Number of people over state pension age paying tax rose by 660,000 in the last year from 7.85m to 8.51m… — Steve Webb (@stevewebb1) June … Continue reading
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ENOUGH IS ENOUGH! Margaret Snowdon’s scam update.
The forthcoming election has meant lots of expected government activities have fallen away. But sadly, not all. As most people know by now, I have been in battle with HMRC for years over their cruel pursuit of scam and fraud … Continue reading
This is clearly a serious story about institutional accountability, bankruptcy and the treatment of former employees. But, although the immediate…