Category Archives: Liability Driven Investment
Meaningless choice
“choices should only be offered where they are meaningful, timely and can be taken in the full understanding of both up and downside”.
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Posted in annuity, corporate governance, customer service, de-risking, Fiduciary Management, Liability Driven Investment, NEST, Retail Distribution Review, Retirement
Tagged Business, Debora Price, Decision making, Eagle Star, Eagle Star Insurance, Einstein, Employment, Fiduciary Management, Financial Capability, Financial literacy, Financial services, Galileo, Gallileo, Newton, pension, Quantitative easing, Social group, trustee, United States, Wittgenstein
6 Comments
Ticking timebombs in the pension cupboard
When things go wrong in DC pension administration they go badly wrong. The old axiom is “right first time”. The cost of unravelling a mistake can be ruinous. Take the case of the Dutch insurer Aegon, whose UK subsidiary formerly Scottish Equitable– has had … Continue reading
Posted in annuity, corporate governance, customer service, dc pensions, de-risking, Liability Driven Investment, NEST, pension playpen
Tagged Aegon, DC Comics, Financial Services Compensation Scheme, Insurance, National Employment Savings Trust, pension, Pension Regulator, Scottish Equitable
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PPF II -opening the door for a better DC
We are where we are – the social contract has been decided… not compulsion but impulsion; impulsion into a DC pensions model that relies on the markets to deliver a second tier of pensions. Our retirements will be funded from employer and employee contributions over a … Continue reading
Posted in annuity, corporate governance, Liability Driven Investment, NEST, OECD, pension playpen, twitter
Tagged annuity, Anti-submarine warfare, Business, corporate governance, corporate risk, Financial services, Insurance, Interest rate, Japan, Liability Driven Investment, Life annuity, Market failure, National Employment Savings Trust, NEST, OECD, pension, Pension new, pension playpen, Pension Pound, Pension Poverty, Pension Protection Fund, Pension Regulator, Public Sector Pensions, Robin Ellison, Steve Webb, twitter
6 Comments
The Regulator, wisdom and the crowd
The Pension Regulator, it needs be said , did not have a good Professional Pension Show. Things started well enough with a keynote speech that laid out its 2012 agenda Get DB solvent Get DC sorted Get Auto-Enrolment in Simples… And that … Continue reading
Posted in annuity, corporate governance, customer service, dc pensions, de-risking, Fiduciary Management, Liability Driven Investment, NEST
Tagged annuity, Bill Galvin, bribery act, Brighton, corporate governance, customer service, dc pensions, de-risking, Employment, Fiduciary Management, Financial services, Government, Human Resources, Keynote, Liability Driven Investment, National Employment Savings Trust, NEST, pension, Pension Regulator, Trusteeweb, William F. Galvin
4 Comments
It’s the legacy, stupid!
If we really care about retirement outcomes, we have to think about this stuff and the £20bn of unclaimed (orphaned) pensions that are hanging around in the back cupboards of life companies and occupational pension schemes alike. Continue reading
Posted in annuity, corporate governance, customer service, dc pensions, de-risking, Liability Driven Investment, Martin Lewis, pensions, Treasury
Tagged annuity, corporate governance, corporate risk, customer service, dc pensions, de-risking, Financial services, Hill Samuel, Insurance, Liability Driven Investment, Life annuity, Martin Lewis, moneysavingexpert, pension, Pension Pound, Pension Poverty, pensions, policing, Politics, Scottish Widows, Standard Life, The Pension Regulator, Treasury
6 Comments
The man from OECD says “guess”
It’s a sobering time for those involved in pensions policy and for those who are trying to advise companies and people in how to organises their finances to meet their retirement income needs. One thing people don’t want to do is guess. They … Continue reading
Posted in annuity, corporate governance, dc pensions, Liability Driven Investment, NEST, OECD, Retirement
Tagged annuity, Australia, Chile, corporate governance, corporate risk, dc pensions, Defined contribution plan, France, Germany, Liability Driven Investment, National Employment Savings Trust, NEST, OECD, Organisation for Economic Co-operation and Development, pension, Pension new, Pensions, Persnal Accounts, Politics, Retirement, Stock market index, United States
8 Comments
How much volatility can we take? Pension Play Pen Lunch Sept 5th 2011
James Smith- First Actuarial Ben Mulroney– mallowstreet Jenny Kreser – Silverman Sherliker Mark Benfold Railway Pension Scheme Malcolm Delahaye – Supertrust Jennny Yeo – Affiliate Managers Paull Chapple -Close Brothers Jeroen Wilbrink – Partner at SECOR Asset Management Thornton Wells – Mattioli Woods Michael Clarke -Capita … Continue reading
Posted in dc pensions, de-risking, Liability Driven Investment, mallowstreet, pension playpen, Retirement
Tagged Actuarial science, Ben Mulroney, corporate risk, dc pensions, de-risking, Financial services, Human Resources, Liability Driven Investment, mallowstreet, National Employment Savings Trust, pension, Pension new, pension playpen, Pension Poverty, Pensions, Politics, Retirement, Risk Management, trustee
8 Comments
IFEs not IFAs
If you’ve followed my posts over the past few days, you’ll l know I’ve referred to a debate between advisers, insurers, pension managers and trustees which started out discussing the ethics of incentivizing enhanced transfer values and has moved toi discussing how and when advice … Continue reading
Posted in annuity, corporate governance, dc pensions, de-risking, EU Solvency II, Liability Driven Investment, pensions, Retail Distribution Review, Retirement, Treasury
Tagged annuity, corporate governance, dc pensions, de-risking, Economics, Employment, EU Solvency II, Financial adviser, Frank Field, Human Resources, Independent Financial Adviser, Liability Driven Investment, National Employment Savings Trust, pension, pensions, Peter Flanagan, Politics, Proto-Indo-European language, Retail Distribution Review, Retirement, Treasury, trustee, Trustees
18 Comments
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
Dispelling annuity myths.
I spoke yesterday in Leeds Castle “the most beautiful castle in the world. The NAPF South Estern Group had rented the old brewery for their annual conference and I had the place to myself between 7 and 9am (see photo below) … Continue reading