I don’t often think an hour with someone is worth a second but with Derek Benstead it was that rarest of things , a good second album.It’s good for any Derek.
For once, this was not a discussion of the merits of defined and not defined benefits but of where demand was coming from.
We concluded that it is coming from Government and if USS and Nest are quasi Government pensions then CDC might be delivered as conditional indexation of a guaranteed pension. I am pleased to hear from Paul Todd that he is keen to present on the 29th July at Pension PlayPen and that he will clear a few miscomprehensions on Nest’s intentions!
While we considered funding of CDC as ideally a whole of life enterprise, Derek accepted that funding from a DC pot at retirement would deliver a more difficult but nonetheless worthwhile retirement income.
There were many alternatives to CDC including those from Chris Giles and John Quinlivan but I think we have got the idea by now, that CDC is a pension that is driven by investment in markets rather than matching liabilities and guaranteeing pensions.
But let me give but a taster of what we heard and said. Here is the full unedited video for your delight. No slides to watch so you can use this as an audio as well as watch the bright face of Benstead , bursting out at you as it does on the title page of his second CDC video for Pension PlayPen
Thanks to PLSA for allowing me to compere from my own room at the LGPS conference, if you guys and girls missed it, here is what I and John Hamilton have been promoting as a service that can be delivered on LGPS admin tracks, an ideal way to make sure that small companies (not eligible for LGPS) can access the high quality of good pension admin independent of consultants or insurers!
A third video on investment will follow, Derek has already been booked in for the autumn!
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Hello Henry,
Every picture tells a story…!
Knowing that you are a Bob Dylan fan, you may already know the story behind your photo above. If so, then please stop here.
This image is, presumably, from the film roll taken by Coloumbia Records publicity department for their LP cover of Dylan’s ‘Freewheelin’ album. They had gone to the Flat that Dylan then shared with the young lady. Yours is taken from the steps into 161 West 4th Street, Greenwich Village (still exists). They had reportedly gone around the block taking various photographs before settling on the one in Jones Street (still there with sidewalk trees), It was the photographer who believed she should go too.
If ever an LP record sleeve sold multiple copies, in the mid-1960s it was certainly that one. Despite the UK Pirate Radio Stations efforts, nobody knew who she was. The general rumour was that it was Joan Baez; clearly not! In fact, in UK, it took the development of the internet and/or Dylan’s written Chronicles Vol 1 to reveal that it was, in fact, Suze Rotolo, originally from NY Queens. Dylan’s first girlfriend when he arrived in GV in 1961 and who is recognised as being a great influence on his early interests in art and culture.
Sadly the sleeve photo came to haunt Suze and she quickly found that she was little more than ‘a string on his guitar’. She left Dylan and went to Italy to study art. Returning, she took up with him again but their rows were so bad that her family broke them up. She fiercely kept all his confidences throughout his fame until he published his Chronicles and then she published her own commentary on those early days. She made a name for herself in the NYC art circles and found happiness after marrying a UN film editor and they had one son. Sadly Suze died of throat cancer in 2011. The BBC Radio 4 Obituary progrramme ran an interesting article on Suze. The lines in Dylan’s Chronicles 1 regarding Suze are, I think, some of the best he’s ever written.
Kind regards,
Tim Simpson
I think many UK fans knew of Suze Rotolo much earlier than you suggest
eg Anthony Scaduto’s biography first published in the UK in 1972.
Suze Rotolo’s own autobiography, before she passed in 2011, a Freewheelin’ Time, is another good read.
In a recent Rolling Stone cover story about the Dylan biopic, A Complete Unknown, Elle Fanning said Dylan didn’t want her film character to be named after Rotolo, because she was “a very private person and didn’t ask for this life”.
Rotolo was obviously someone that was very special and sacred to Bob, said Fanning.
https://imgur.com/a/mODsyCy