Thanks. "The crucial difference, however, is that the ISA withdrawal is not a loan." As the two article links confirm,…
www.nber.org/system/files/working_papers/w32828/w32828.pdf While there is good evidence for automatic escalation in the US, it is not as powerful as its advocates…
"To what extent do minimum AE contributions need to increase? It would be good if everyone had contributions into DC…
Except they’re not saving into a pension, Minister unless we convert all those pots to CDC and give them what…
Monthly Archives: June 2024
First Actuarial – a beacon of rectitude in a gloomy world.
This week has been my conference season . Having tested the waters in Gloucestershire with the PLSA and LGPS, I spent yesterday at the RSA with First Actuarial. Actually I should say I missed the majority of the conference as … Continue reading
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Britain turns red as voters disperse
Latest YouGov voting intention (12-13 Jun): Reform now 1pt ahead of the Tories for the first time, although this is still within the margin of error Con: 18% (no change from 10-11 Jun) Lab: 37% (-1) Reform UK: 19% (+2) … Continue reading
Now is no time to desert stewardship – or Tumelo
Georgina Stewart delivered an excellent session at the Pension PlayPen coffee morning this week. You can watch it here – a good use of time After the initial wave of enthusiasm, stewardship and Tumelo both face the difficult second album … Continue reading
LGIM’s reorganisation underwhelms.
There’s much to get excited about at Legal & General. It runs one of the fastest growing workplace pensions with over £20bn of assets, looking after the staff of Tesco, National Gas and Ford (among others). It is planning to … Continue reading
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Message to Govt. “leave us alone” #LAconf24
Today’s Conference started uproariously at the news that Simon Hoare , the DLUC Minister responsible for LGPS was not available to speak. The failure of Ministers to talk at PLSA conferences has become a standing dish. More is expected from … Continue reading
Conservatives hit the buffers
Change is difficult to take on board and there are people in their mid thirties who have only known Conservative Government. For them the publication of the Conservative’s 76 page manifesto is important. They pour over the small print worrying … Continue reading
Will Mercer put Now out of its misery?
Mercer, a Marsh McLennan business, has reached an agreement to acquire long-term savings specialist Cardano for an undisclosed amount, subject to regulatory approval. As part of the agreement, approximately 550 Cardano colleagues in London, Nottingham and Rotterdam will join … Continue reading
Computers 6 ; Us 0
This piece was sent me by the FT’s Robert Armstrong. You can get similar mails each morning by subscribing to Robert’s unhedged newsletter via a Premium FT subscription ; – follow this link. you can sign up to a free … Continue reading
Tumelo’s progress on flexible voting rights – today 10.30
A deep dive into pass-through voting With regulations pushing for increased alignment between fund managers (asset managers) and investors (asset owners), voting has been hitting the headlines more than ever. This coffee morning provides those lucky enough to join us with an … Continue reading
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The public cannot forget the budget that trashed its finances
One of the main questions of this election so far is whether the public has moved on from its perception that a Conservative Government under Liz Truss , crashed the economy. The answer that the Conservative party is getting … Continue reading
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I did not find this , Torsten's most impressive work (not sure it was his). But it at least remind…