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: February 2026
Can actuaries use AI and abandon conscience?
There’s a wonderful article in the FT today about whether AI should have a conscience. It concludes The shift to agentic AI — bots that don’t just assist but actually execute tasks and exert judgment — will raise the stakes. … Continue reading
Pension investment into investment trusts should not be banned
This blog used to be rude about the ABI but they complained and I am very afraid of the ABI so I took the bit about them down. Ros and Sharon are still right!
“Get rid of Rachel Reeves, or make her do Labour things”
The Labour is losing the plot, even those close to the City are laughing at her. It has been sad to see Rachel Reeves sucking up to American private equity firms buying out our pensions with private credit it is … Continue reading
“Not lining the pockets of billionaires” but “paying pensions people worked hard to save for”
There is a phrase that rings in my ears from the remarks of the Green Party, and especially the statements of Hannah. It refers to lining the pockets of billionaires at the expense of poor constituencies such as hers. I … Continue reading
How big is big? – How does retirement capital become the nation’s “wealth fund”?
Do you think the LGPS is big? If so, then think about the money pouring into retirement savings over the next 10 years as John Mitchem does. The paper in John Mitchem’s post is hard work but the table of … Continue reading
Posted in pensions
Tagged Andrew Young, DB, dc, John Mitchem, Pensions, Wealth, Wealth Fund
1 Comment
We need to free the leaseholders and support Scoffin, Ali , Rayner and Gove in parliament next week
I got this as I came out of an encouraging meeting yesterday afternoon. My heart went from gentle warmth to burning pension when I read my WhatsApp feed. To my great disappointment, I am attending a friend’s funeral when Harry … Continue reading
A night that is green and pink! Well done Hannah Spencer
The loss of Gorton and Denton is worse than that sounds. Labour not only lost it to Reform, they lost it to both popular departments, the other being Reform UK. To suppose that this has no meaning and is but … Continue reading
An endgame is not a fun game for a DB scheme – even for LGPS
Perhaps the most dangerous misconception floating around the “popular” Reform UK is that levelling down the LGPS to a DC scheme for new joiners will level up council tax payers (the popular Reform UK might see pensions as that … Continue reading
Posted in pensions
Tagged CDC, DB, Discount rate, George Graham, Open scheme, Pensions, Time horizon
Leave a comment
Hywel Robinson – who owns the surplus- Pension PlayPen Coffee Mornings are back!
Coffee Morning – Got a DB Surplus? ..Who owns it?? CPD included Type – Online Teams When – Tuesday 3rd March at 10:30 am You are cordially invited to attend our next Coffee Morning. Hywel Robinson, our speaker recently wrote … Continue reading
My frustration with the LGPS that could be so great if it tried.
I would like to tell you what the affably brilliant George Graham has to say but I can’t;- because the article sits behind a paywall. The LGPS does not let outside opinion into its closely guarded media so I can … Continue reading
This is clearly a serious story about institutional accountability, bankruptcy and the treatment of former employees. But, although the immediate…