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: November 2024
How the Pensions Investment Review could change workplace pensions
They say that the devil is in the detail and here is the detail behind the Mansion House reforms (pr 2). The Pensions Investment Review Interim Report is divided into four sections, dealing first with DC workplace pensions, then with … Continue reading
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The Chancellor’s missed opportunity to get a nation excited about pensions
For all the pre-briefing about mega-funds, the Chancellor’s Mansion House speech seems to have fallen flat and the news this morning is about Andrew Bailey’s attack on Brexit rather than the revival of British Economic Growth. The technical adjustments to … Continue reading
Consolidation constipation – Reeves gets pension plumbing.
Rachel Reeves has not started well on pensions. Pensioners are angry that most are missing out on winter fuel payments. because of the hike in employers NI. The OBR are now forecasting that the 2017 AE reforms won’t be enacted … Continue reading
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Should Pension Schemes Ditch Gilts (part two)
Yesterday I published part one of Pension Oldie’s compelling argument that gilts are not the best way to discount pension liabilities for valuation purposes. Tonight is the Mansion House Speech where we are expected to hear something about DB funding. … Continue reading
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The Mansion House Speech – things must change.
Tomorrow ({Thursday 14th November, we will hear from the Government how it intends to change the regulatory landscape for pensions to encourage pension schemes to invest productively and for individuals to have greater certainty over the income they receive in … Continue reading
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Should Pension Schemes Ditch Gilts?
Yesterday saw the implementation of the funding code, tomorrow may see it rewritten We are fast approaching the Mansion House Speech (Thursday) when we can confidently expect Government to address the issue of valuing and funding defined benefit pension schemes. … Continue reading
What the budget means for pension wealth – McPhail this morning (link included)
Tom is more of a lifetime savings than a pensions man but you can’t have pensions without a lifetime of doing something and for most of us , we need to save to have a wage in retirement. It’s a … Continue reading
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Tagged Bruce Springsteen, pension playpen, thunder road, Tom McPhail
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Squeaky bum time for LGPS fund managers
By any estimation, the Local Government Pension Scheme is not running as efficiently as it could and it should. Split into 86 administrate units each running their own pot , it is supposed to get investment resources from 8 … Continue reading
A jolly trip round the Garden of England.
Thanks for the birthday good wishes. I spent the day on a steam hauled train , travelling around Kent, remembering the armistice and offering me a chance to visit Canterbury Cathedral It was coincidental that we visited the Cathedral … Continue reading
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“We ain’t that young anymore” (free link inside for Tuesday’s coffee morning)
Tom is more of a lifetime savings than a pensions man but you can’t have pensions without a lifetime of doing something and for most of us , we need to save to have a wage in retirement. It’s a … Continue reading
Posted in pensions
Tagged Bruce Springsteen, pension playpen, thunder road, Tom McPhail
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Scottish teachers' pay increases, such as the recent multi-year agreement negotiated via the Scottish Negotiating Committee for Teachers (SNCT) covering…