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: August 2025
Reform to ‘cut council tax bills by £350’ in public sector pensions crackdown
Mismanaged retirement pots are costing taxpayers around £10bn a year, says Richard Tice Richard Tice will on Monday unveil Reform’s plans to overhaul council-controlled pension funds Reform has vowed to slash council tax bills by up to £350 a year by … Continue reading
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Coming to terms with fiscal and trade deficits – Andrew Smithers
Coming to Terms with Fiscal and Trade Deficits has recently published by American Affairs, and is summarised below by author and economist Andrew Smithers You can read the American Affairs Journal article here. Your own copy can be downloaded as … Continue reading
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Tagged Andrew Smithers, Deficit, fiscal deficit, fiscal surplus, Rade, trade surplus
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The money of the dead? Who owns it? Where is charity?
Yesterday I published an article by an actuary about how Tontines came to be and why they were called after Signor Tontine. It is a very interesting read, especially if you have an actuarial train of thought and try … Continue reading
Compliance is not VFM – nor annuities; savers need more from pensions!
It is interesting to see how Australia pressing ahead with what we call Value for money or VFM. I can see as far as Bac’s contribution page but no further but it’s far enough for the purposes of this blog. … Continue reading
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Tagged AgeWage, Business, corporate governance, dc pensions, DWP, Employment, Government, IGC, pension, Pension new, pension playpen, Pensions
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2030 and all that ..the income, wealth and pension strategy delivered to time
For those who like this kind of gesturing, the 2023 report by Torsten Bell’s Resolution Foundation (reporting on how to get Britain out of stagnation) has been marked the Economy 2030 Inquiry 2030 is also a staging date for the … Continue reading
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Tagged Budget, Income, Pensions, Rachel Reeves, Tax, Torsten Bell, Wealth
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Signor Tonti’s tontines; born in Italy, developed in France and sold to the States
Signor Tonti’s tontines Matthew Edwards follows an intriguing idea from its 17th-century origins to its 20th-century repercussions Question: What do the following have in common Naples, Louis XIV, the Nine Years War, an iron fist, the founding of Detroit, Sheridan’s School … Continue reading
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It costs a lot if you live on your pot!
I’ve been reading an article in the Times (for Times readers) and I’m pretty struck by this section, by the impact it would have on anyone close to retirement nearing the average “pension pot” of £37k. Even though the average … Continue reading
“A different view on CDC” – something new from the Tontine Crew?
The following pension was produced yesterday by Russ Oxley, part of the “Tontine crew” as they’re known in my brain! See what you think of his approach to CDC and whether CDC can adapt as he wants it to. Russ … Continue reading
Failure to prevent fraud – penalties arrive on Monday
Thanks to many people for highlighting this new prevention legislation that is arriving this Monday (September 1st 2025) The offence covers fraud committed anywhere in the world if your organisation has strong UK connections. It is time that we … Continue reading
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Tagged Channel Islands, dubai, Fraud, Gibralter, Home Office, Malta, Pensions, SFO
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High earners aren’t taking their deferred pay seriously (Hargreaves and Oxford Uni).
The FT has this morning published a chart by Hargreaves Lansdown and Oxford University. It shows a deterioration in the replacement income for those who are on more than £87,200 (presumably a bar to earing a lot!). Give it a … Continue reading
This is clearly a serious story about institutional accountability, bankruptcy and the treatment of former employees. But, although the immediate…