When only 8 to 15 mega-trusts dominate the entire defined contribution (DC) and LGPS landscape, peer-group risk may override manager…
This is clearly a serious story about institutional accountability, bankruptcy and the treatment of former employees. But, although the immediate…
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…
Monthly Archives: June 2024
Validating a proposal to pay people pensions
My very good friend Carsten Staehr has sold his interest in payroll to pursue his interest in his family, sport and alcohol (running a wine bar). Tales of Carsten are numerous and I will not rehearse the excesses that have … Continue reading
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Tagged AgeWage, Business, Con Keating, corporate governance, DB, dc pensions, de-risking, Government, NEST, pension, Pension new, pension playpen, Pensions, Retirement, Steve Webb
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Pensions “the gift we give our future selves” – poignant posts from Scotland
There’s an unusually heartfelt thread leading on our pension group this morning It is very heartening hearing a pension consultant thinking in such a constructive way about longevity pooling and a Chair of pension trustees considering the long-term … Continue reading
Ascot from the cheap seats
There are three Royal Ascots. The Royal Ascot experienced from the Queen Anne’s and Royal Enclosures has the dress code of morning suits, top hats and female finery. As this Tatler article suggests, it is a place to be … Continue reading
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Martin Clarke CB – the last Government Actuary – is dead
Sad news reached me early yesterday from fellow actuary Peer Tompkins and it was formally confirmed later in the day. The former Government Actuary, Martin Clarke, has passed away after a period in hospital. Martin Clarke, Government Actuary 2014 to … Continue reading
Are actuaries sleepwalking clients into buy-out? Find out this morning
There are many of us who see the herding of pension schemes towards buy-out, in the same light as the LDI stampede. Both initiatives have the stamp of “de-risking” upon their brows but neither offers much to the consensus that … Continue reading
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Labour’s private equity tax crackdown to exempt bosses who risk their own money
Labour’s private equity tax crackdown to exempt bosses who risk their own capital https://t.co/TeePnnOPjQ via @ft #pension #investing — Josephine Cumbo (@JosephineCumbo) June 18, 2024 It is good to see some consistency between the messaging from the Labour party … Continue reading
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‘Project A30’: The Lib Dems’ – like Yeovil – are on the way back!
I was born in Dorchester, delivered by my Dad- a country GP – during the two minutes silence on November 11th. I am reminded of this when we sing at Huish Park I was born on a Yeovil Saturday, it … Continue reading
Pension saving’s excluded from financial inclusion
I’m delighted to share our Financial Inclusion Commission report and ask of our new Government… @ChrisStephens @stephenctimms @HelenMorganMP @JustinTomlinson @UKVRA @SMcPartland @henryhtapper @citylordmayor @JustinWelby @LordChrisHolmes @JimBethell @in_nominate @Tanni_GT https://t.co/R8voUDj2Ug — Johnny Timpson (@johnnytimpson1) June 17, 2024 I gave this list … Continue reading
Binface Manifesto published as Count stands against Sunak
It is regrettable that Binface chose to challenge Sunak in Richmond and North Allerton and not take on the next leader of the opposition. Count Binface is among 13 candidates contesting the new Richmond and Northallerton constituency at the General … Continue reading
Do we pay young lawyers too much?
The FT is running an article in which the practice of paying newly qualified lawyers base salaries of £150,000 is labelled “insane”. I know a couple of young lawyers who are getting this level of pay in their mid twenties … Continue reading
Scottish teachers' pay increases, such as the recent multi-year agreement negotiated via the Scottish Negotiating Committee for Teachers (SNCT) covering…