Category Archives: EU Solvency II
There are better ways to de-risk than ETVs
The only pension schemes which you cannot transfer out of are the Basic State Pension, State Second Pension and NEST (yes – odd that a DC plan is in that mix). Continue reading
Posted in corporate governance, customer service, dc pensions, de-risking, EU Solvency II, Liability Driven Investment, NEST, Retirement
Tagged bribery act, Cash, Compensation & Benefits, corporate governance, corporate risk, customer service, Daily Mail, dc pensions, de-risking, Defined benefit pension plan, Defined contribution plan, EU Solvency II, Human Resources, KPMG, Liability Driven Investment, Manhattan Institute for Policy Research, NEST, pension, Pension new, Pensions, Politics, Retirement, Society, State Second Pension, Stock market
13 Comments
Tell them the truth (a ridiculous notion)
However, it would lead to the kind of engagement between staff and retirement that is needed if we are to move forward from the current deadlock of distrust.
Posted in EU Solvency II, NEST, pension playpen, Personal Accounts, Retirement
Tagged Business, Company, Employment, EU Solvency II, Financial services, Insurance, National Employment Savings Trust, NEST, Old age, pension, Pension new, pension playpen, Pension Pound, Pension Poverty, Personal Accounts, Public Sector Pensions, Retirement
7 Comments
Con climbs up Pigsah
And he went up from the plains of Moab unto the mountain of Nebo, to the top of Pisgah, that is over against Jericho.”. Deuteronomy 34:1
A massive failure of nerve – the sad state of our DC pensions
Last year 460,000 people bought annuities from their DC pensions, Two thirds of these people did not bother to get the best rate for their accumulated funds and as a result suffered on average a 10% lower pension than those who did. Continue reading
Posted in corporate governance, dc pensions, de-risking, EU Solvency II, Fiduciary Management, Liability Driven Investment, NEST, pensions, Personal Accounts, Retirement
Tagged corporate governance, dc pensions, de-risking, Department for Work and Pensions, Employment, EU Solvency II, Fiduciary Management, Hargreaves Lansdown, Liability Driven Investment, Mike Wadsworth, National Employment Savings Trust, NEST, pension, Pension new, Pension Pound, Pension Poverty, pensions, Pensions, Persnal Accounts, Personal Accounts, Politics, Rensselaer Polytechnic Institute, Retirement, Society, Tom McPhail
10 Comments
You don’t always know what you’ve got till it’s gone
So I’m 48, 15 months older and I’d be able to buy an annuity-but they’ve paved paradise and I’ll have to wait till 2016 which sucks Continue reading
I like annuities but I’m worried..
Imagine it- the prospect of a 15-20% pay cut for the rest of my life and all because the Government changed the rules. Continue reading
Posted in annuity, dc pensions, de-risking, EU Solvency II, pensions, Personal Accounts, Retirement, Treasury
Tagged ageing, annuiteis, annuity, Bank, bulk annuities, corporate risk, dc pensions, de-risking, EU Solvency II, Fiduciary Management, gilts, Local government pensions, Longevity, longevity bonds, Pension new, Pension Pound, pension pounds, Pensions, pensions, Personal Accounts, Retirement, Treasury, UK Treasury
2 Comments
Scheme liabilities- Rest in Peace
The old adage that if the Equitable Life was a pension scheme it would still be trading today can be reversed. If most pension schemes were regulated as life insurance companies are today they would not be in business. Which is why we must be very worried indeed about threats to the buy-out market and very worried for our DC members about the impact on the cost of annuity purchase. Continue reading
Posted in EU Solvency II, Fiduciary Management, Liability Driven Investment, pensions, Retirement, Treasury
Tagged ageing, annuities, annuity purchase, Bank, cod.halibut.pollock, Equitable Life, EU, EU Solvency II, Fiduciary Management, finance, fishing, insurance.trustees, Liability Driven Investment, Local government pensions, pensioners, pensions, Retirement, Retirement age, Solvency II, trawler, Treasury
1 Comment
I outsourced my pension fund to a Fiduciary Manager (but didn’t know it)
I discovered I’d outsourced my personal pension fund to a Fiduciary Manager. So had all my colleagues, so had 90% of the 14,000 personal pension holders who are my clients and so had the trustees and sponsors of all the Schemes I’d been involved in at Zurich and Eagle Star Continue reading
Posted in EU Solvency II, Fiduciary Management, Liability Driven Investment, redington, Retirement, Treasury
Tagged Adolf Hitler, car crash, cardano, corporate risk, DB pension, DC pension, Eagle Star, EU Solvency II, Fiduciary Management, God, implemented consulting, Kerrin Rosenburg, Le Bourgeois Gentilhomme, Liability Driven Investment, Lifestyle, Moliere, Monsieur Jordain, redington, Retirement, Robert Gardner, Treasury, trustees, world war 1, world war 2, Zurich
3 Comments