Colin Haines is one of Britain’s brightest independent pension actuaries

He cares about pensioners and those at work.  So should we. Thanks Colin.

Employers can help Britain’s workplace’s Britain working. A working adult is also a saving employee. Eventually he or she will be a pensioner and that matters to employers if they’re thinking “pensions” not just “pots”!

I hope that this blog will indicate to Colin my interest in understanding the health of company workforces. It is important that smaller companies know their “case evidence.

It ‘s important not just for healthcare but for pensions , in an era where we are moving into  a pension system of unconnected multiple-employer CDC scheme ( UMES ).  Employers would do well to know the kind of company they are and the kind of companies they would be unconnected to other than in a single pool of savers and pensions who will die on average differently (one group to another).

If you are running a CDC UMES whether whole of life or from retirement, the type of workers you are taking on decides the mortality factors you are using to decide how long your pensioner is going to live. Do not suppose that Royal Mail’s actuaries don’t have a pretty good idea. Of course the risk of living longer is not the employer’s limit, but knowing what is known should be a factor. I would hope that mortality factors used by CDC actuaries will be available to those doing due diligence on the CDC scheme they are going to use.

Knowing how “well”  staff are ;  knowing how long they’ll live ; is important to employers and those providing protection against surprises (good and bad!).

Mr Colin Haines, I will be in touch!