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Category Archives: advice gap
Lockdown – is the cure worse than the illness? These actuaries think not.
We have reviewed the paper “J-value assessment of how best to combat Covid-19” by Philip Thomas, Professor of Risk Management in the Faculty of Engineering at Bristol University. Summary of key aspects of the paper This paper was given … Continue reading
Posted in actuaries, advice gap, age wage, pensions
Tagged COVID19, Government, Intervention, Lockdown, Peter Tompkins
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Covid-19 – interpreting the deaths data
Hospital deaths – Department of Health and Social Care and NHS England Data for the total number of positive tests for and deaths with COVID-19 in the UK (that is, individuals hospitalised in the UK who tested positive for COVID-19) … Continue reading
Posted in actuaries, advice gap, coronavirus, pensions
Tagged Actuaires, Covid-19, COVID19, Death, Department of Health, NHS, Social care
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No more reports – nobody reads!
Baroness Bennett, Stedman-Scott and Altmann – getting things done Every year occupational pensions schemes are required to publish reports that nobody reads. Clearly this is unsatisfactory and we could go two ways Stop writing the reports (would anyone notice?) … Continue reading
Posted in advice gap, age wage, dc pensions, governance, Guidance, pensions
Tagged Chair statement, DWP, Pensions, Ros Altmann, SIP, Stedman-Scott, TPR
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The elephant in the care home
New paper looks at early evidence of care home mortality in different countries. Provisionally concludes that about half (42% to 57%) of COVID-19 deaths are taking place in care homes. As a reminder, the 11,329 deaths announced by DHSC are … Continue reading
Posted in actuaries, advice gap, Consolation, coronavirus, pensions
Tagged Care Homes, Coronavirus, COVID19, Covid19actiongroup, death rates, ONS
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A dashboard of everything?
Is the Pandemic- a regulatory challenge or opportunity? More than 30 consumer protection measures in the UK have been put on hold since COVID outbreak. Regulators need to guard against lobbying to make these interim measures permanent. https://t.co/5lbFgbVXYF — Josephine … Continue reading
Posted in advice gap, age wage, Dashboard, de-risking, pensions
Tagged Cornoavirus, COVID19, Dashboard, dashboard of everything, FCA, ft, jo cumbo, Technology, TPR
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Nicola Oliver on capacity within the NHS
We are reliant upon healthcare capacity to reduce the severity of this pandemic in terms of morbidity and mortality. One of the key challenges will be how a health system copes in times of increased demand. This is contingent … Continue reading
Posted in actuaries, advice gap, coronavirus, pensions
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Actuaries – are doing it – doing it!
Mohammed Khan and Gary McInally Q. How do you get 400 actuaries to work together at one week’s notice? A. Issue a call to arms with a strong social purpose. I’m not an actuary, but I promote their profession … Continue reading
Posted in actuaries, advice gap, pensions
Tagged Actuires, Covid-19, Covid-19 Actuaries Response Group
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Old Mutual’s IGC – much improved!
Last year I gave Old Mutual’s IGC Chair Statement the thumbs down . This year’s statement is a great improvement. It will be the last from Old Mutual as the book of business looked after by Richard Butcher, Ian Costain, … Continue reading
Posted in advice gap, age wage, IGC, pensions
Tagged IGC, Old Mutual, pension, Richard Butcher
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Should we furlough the pensions dashboard?
Until someone delivers a date for the “Dashboard Available Point” – we can have no concrete expectation. Someone is going to have to be brave! https://t.co/2mkk8tWTD8 — Henry Tapper (@henryhtapper) April 8, 2020 The Pension Dashboard took a tiny step … Continue reading
Posted in advice gap, age wage, Dashboard, dc pensions, pensions
Tagged Act, Dashboard, Find and view, Pension Dasshboard, pensions, Understand
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Precisely right – Scottish Widow’s IGC
Mark Stewart has issues his first Statement , having taken over as Chair of the Scottish Widows IGC. You can read it here. It is brief , accurate and it has a distinct tone which I like. The contents page … Continue reading
Posted in advice gap, age wage, IGC, pensions
Tagged IGC, pension, Pensions, Scottish Widows, Zurich
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