Category Archives: First Actuarial
Poor execution – a pigsty – not a playpen
A researcher I was speaking to yesterday asked whether I considered the bad practices associated with the poor execution of trades by fund managers as criminal fraud. His argument was that indirect benefits such as the receiving of rugby tickets from … Continue reading
Bothered about your pension wealth?
In the past few days I’ve had some fruity exchanges with Tom McPhail of Hargreaves Lansdowne about when people should start getting interested in managing their pension pot. Tom’s view is “as soon as savings begin, mine “when you can be bothered”. Hargreaves … Continue reading
“Thought leadership” – perish the thought!
Anyone who markets themselves as a thought leader ought to shut up – (pension plowman 2013) I was tweeted the message “shut up” by a twitter robot yesterday which made me consider whether I should be annoying people with my … Continue reading
Posted in auto-enrolment, dc pensions, First Actuarial, leadership, pensions
Tagged Business, German, Leadership, Management, Management consulting, Mein Kampf, Thought leader, twitter
4 Comments
It’s a wrap trap – but who’s been caught?
If you thought you were sick of pensions, imagine the nausea of the life company CEO. If you are such a beast and reading this, you are probably are American or European and your company brought into the UK a few years back … Continue reading
Light in the lifestyle tunnel!
The way in which your DC pot magically turns from investing in shares to investing in cash and Government bonds is called lifestyle and it involves hundreds of transactions in 60+ months before you buy your pension. All of these transactions involve … Continue reading
DC Trustees – asleep at the wheel?
I was spending insomniac hours reading posts about savings on http://www.moneysavingexpert.com when I came upon a thread about the ABI 14 agreeing to disclose transactional costs from next summer. There wasn’t much on the comments board – one post stood out. … Continue reading
Posted in actuaries, corporate governance, David Pitt-Watson, dc pensions, First Actuarial, Management, NEST, pension playpen, pensions, Personal Accounts
Tagged Active management, Financial Services Authority, FSA, National Employment Savings Trust, NEST, pension, Pension fund, Terry Smith
4 Comments
NEST Insight; what the 11m+ “unpensioned” think.
NEST has produced a chunky report that “takes the temperature of automatic enrolment”. This promises to be the first of a series and as the first has five years of accumulated insights to lay before us. I thoroughly recommend it … Continue reading
Posted in auto-enrolment, corporate governance, customer service, David Pitt-Watson, First Actuarial, leadership, Liberal Democrats, napf, NEST, Payroll, pensions, Personal Accounts, Retirement
Tagged Cassandra, Employment, Financial services, Government, National Employment Savings Trust, pension, Steve Webb, Tim Jones
8 Comments
Dear OFT….
I see you are looking into pensions and will be completing a “market study” by August that will focus on value for money and the size of pension pot savers end up with at retirement. I hear it will look … Continue reading
Posted in auto-enrolment, dc pensions, First Actuarial, NEST, pensions, Retirement
Tagged AMC, August, Dublin, Employment, Financial services, Office of Fair Trading, pension, Pension Regulator
18 Comments
“Exclusive” social media is foolish
If ever there was an organisation that has well and truly got social media, it is the Actuarial Post Continue reading
Opt-outs triggered by smartphones say Legal and General!
Speaking at a private conference for First Actuarial staff, Adrian Boulding said that Legal and General‘s clients were enthusiastic about their staging experience and he went on to suggest that members were much more ready to get information and transact digitally than his firm … Continue reading
Posted in actuaries, auto-enrolment, corporate governance, dc pensions, de-risking, Facebook, First Actuarial, Management, NEST, Payroll, pension playpen, pensions, twitter
Tagged Actuarial science, Adrian Boulding, Asda, IPhone, Legal & General, Marks & Spencer, National Employment Savings Trust, pension, Sainsburys, Scheme, Steve Webb
6 Comments