Category Archives: de-risking
DA should be at top of the agenda – and it isn’t.
I have been reading the Government’s Defined Ambition paper again. Many might ask “what’s the point?”. The point is this; DC is broken and needs fixing, DB is broken and needs fixing, DA is the answer, but so far the consultation … Continue reading
Why insurers, not pension schemes, have taken the infrastructure challenge
The announcement this morning of the National Infrastructure Plan (NIP) includes the government selling off its 40% stake in the Eurostar rail service. In all, about £375bn of investment in energy, transport, communications, and water projects is planned. You can … Continue reading
Let’s rid us of financial carnage at retirement
I’m really interested in why pension schemes don’t provide more support. Any views out there on what the biggest barriers to providing more support than basic communication and a signpost to MAS or TPAS or Unbiased? Continue reading
Posted in advice gap, annuity, auto-enrolment, customer service, dc pensions, de-risking, defined aspiration, pensions, Popcorn Pensions
Tagged annuity, Business, Business and Economy, dc pensions, Defined benefit pension plan, Government, National Employment Savings Trust, pension, Pension new, pension playpen, Retirement, Steve Webb
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The #ashes of test cricket?
Indeed, at close to £100 a pop, test match cricket may soon be beyond the means of anyone but said consultants, the rest of us being forced to pay subs to Sky to watch the stuff. Continue reading
Posted in cricket, de-risking, Suarez
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Those Dutch Pensions – a Civil Servant writes
I get some feedback on my blogs from people I know who don’t want to or aren’t allowed to go public. Here’s an example from a formidable figure and a personal friend (who I know/hope has the skin or a rhino … Continue reading
Working for the clampdown?
“what are we going to do now?” Joe Strummer asked in 1979. Are we still working for the Clampdown? Continue reading
PlayPen votes for target date funds in action-packed lunch
In one of the noisiest and most passionate lunches we’ve ever had the playpen voted 15-7-3 for TDFs vLifestyle with 3 spoilt votes from the “we don’t do default” gang. This was a lunch where we were pretty well split between … Continue reading
Posted in auto-enrolment, de-risking, Financial Education, pension playpen, pensions
Tagged Asset allocation, Aviva, Lifestyle, Mutual fund, pension, Target date fund, TDF, Watson
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In the customer’s shoes; Dan Norman on our fund fiduciaries.
those charged with fiduciary responsibilities, including the managers themselves must, as Dan puts it “put themselves in their customers shoes” and start treating them fairly, Continue reading
Posted in actuaries, auto-enrolment, corporate governance, David Pitt-Watson, dc pensions, de-risking, Financial Education, First Actuarial, pension playpen, pensions
Tagged Asset management, Dan Norman, Funds, Gregg McClymont, Individual Savings Account, Investment management, Mutual fund fees and expenses
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No win no fee – one way to clean up asset management
I met yesterday with a Swiss firm whose business is to reduce the investment costs for large investors (typically with €500m +). The model is simple, no retainer – they receive 50% of the savings from their work. They are a … Continue reading
Posted in Bankers, Change, corporate governance, David Pitt-Watson, dc pensions, de-risking, Fred Goodwin, FSA, Management, napf, pension playpen, pensions, RBS, redington, Retirement, twitter
Tagged Asset management, Business, Financial Services Authority, Funds, Investing, Investment management, Securities lending, Switzerland
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