Category Archives: actuaries
93% of advisers put two fingers up to TPR’s Fast Track funding proposals
The UK #pensions sector has undertaken a temperature check on major changes to a funding code, governing DB schemes, proposed by the Regulator. The result was a cool response to proposals for a new “twin track” approach to scheme valuations. … Continue reading
Posted in actuaries, pensions
Tagged actuaries, Consultants, lawyers, pension, Society of Pension Professionals, SPP, Turkeys
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Ros Altmann on Pension Stripping (and much more)
I have resisted commenting so far, but feel that, having been at the helm of the ‘Stripped of our Pensions’ campaign to get Government to compensate people who lost their entire pension after a lifetime of contributions and successive official … Continue reading
Posted in actuaries, advice gap, pensions, Ros Altmann
Tagged Andy Young, Bright Beach, FAS, Pension Stripping, ppf, Ros Altmann, Sara Protheroe
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Will the next pension strip-off be unisex?
In a blog posted yesterday, Con Keating and Iain Clacher lamented the decline in the fortunes of DB pensions pointing to a series of political and regulatory interventions that hastened rather than prevented the catastrophic decline in good quality occupational … Continue reading
Posted in actuaries, pensions
Tagged actuaries, Brighton Beach, Con Keating, Strip-off, TPR
3 Comments
Life expectancy is a statistical calculation which estimates the average number of years individuals in a certain group will live. However, people seem to interpret it as an expert opinion that tells them exactly how long they can expect to … Continue reading
Posted in actuaries, age wage, pensions
Tagged Actuary, Australia, Jim Hennington, Life expectancy, lifetime pension, pension
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South African mortality from COVID-19
Introduction In this bulletin we review death reporting for COVID-19 in South Africa, with some comparison to the United Kingdom and other global regions. South Africa reported deaths are shown together with comparisons of Case Fatality Rates (CFRs) that may … Continue reading
Posted in actuaries, coronavirus, pensions
Tagged actuaries, Covid-19, GB, Louis Rossouw, South Africa
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“That’s an interesting choice”
“That’s an interesting choice” is a statement that interests me a lot. It is an entirely satisfactory response to a test we have just started with the FCA in which we allow people to compare pension pots by way of … Continue reading
Posted in actuaries, advice gap, age wage, pensions
Tagged advice, choice, FCA, interesting, meaningful, pension, pensions, Sandbox, Scam, scammer
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WAITING FOR THE VACCINE. C-19 actuaries new monthly medical update
Given the pace of change with ‘all things COVID’, it can be hard – even for those who follow all the updates – to know what the overall state of play is regarding medical developments in particular, as opposed to … Continue reading
Posted in actuaries, coronavirus, doctors, pensions
Tagged actuaries, Covid-19, Nicola Oliver, Pandemic, Vaccine
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Bryn Davies ; Our new voice in the Lords
There were three peerages created yesterday for services to pensions , all three deserved. Frank Field and Helena Morrissey are high profile and fly their own flags, Bryn is less well known but no less deserving. Bryn’s career Brinley Howard … Continue reading
Posted in actuaries, advice gap, age wage, pensions
Tagged Actuary, Bryn Davies, ILEA, Jeremy Corbyn, pensions
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The mess we’re in (pt.1) and how we got here.
Iain Clacher and Con Keating Since their heyday in the 1990s, UK occupational DB schemes have been winding up at a rate of about one every two days. Their replacement, DC schemes, are a poor substitute; they are tax-advantaged savings … Continue reading
Posted in accountants, actuaries, advice gap, pensions, trustee
Tagged Con Keating, DB, DB pensions, Iain Clacher, regulation, Roy Gopode, Sharon Bowles, TPR
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#COVID-19 Actuaries on Deaths, Excess deaths and the Government’s use of statistics
For months the COVID-19 actuaries bit their lips, knowing that COVID-19 deaths were being under reported. It was in the pubic interest for them not to challenge Government. Now there appears to be a much smaller amount of over-reporting … Continue reading
Posted in actuaries, coronavirus, pensions
Tagged COVID19, Deaths, Excess Deaths, Government, Statistics
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