Category Archives: Trades Union Congress

A brave and timely response to UUK’s proposals


  I was wondering how to react to news that the UUK (the employers of university staff) is proposing to axe future Defined Benefit accrual into the USS. Anger or sorrow seemed the two main candidates as I flew back last night. I was … Continue reading

Posted in advice gap, pensions, Trades Union Congress | Tagged , , , , , , | 7 Comments

Re-energising trusteeship (for a DC world)


    My recent blog pointing out that DB trustees tend to make bad DC trustees has gone down like a lead balloon with certain DB trustees. I don’t think is surprising. The next question is whether we can find a … Continue reading

Posted in annuity, Trades Union Congress, trustee | Tagged , , , | 2 Comments

Paying as you earn; the best way to save


Monday will see the start of the benefits changes that will climax in the full introduction of the Universal Credit in a year’s time. This is not an article about these changes. But it takes it kicks off from a brilliant … Continue reading

Posted in Change, dc pensions, Financial Education, Martin Lewis, Payroll, pension playpen, pensions, St Paul's, Trades Union Congress, wonga | Tagged , , , , , , , | 19 Comments

The growing epidemic of stats misuse


Hilary Salt is founder of First Actuarial plc. She is currently the Actuarial Post’s Actuary of the Year. Late in 2011 she was asked to contribute a piece to the Independent’s Battle of the Ideas. This is what she wrote . Twenty years ago, … Continue reading

Posted in actuaries, Martin Lewis, Music, pensions, Trades Union Congress, Treasury | Tagged , , , , , , , | 1 Comment

Is there a future for defined benefit pensions?


The TUC has published a working paper written by my colleague Hilary Salt entitled “the future of defined benefit pensions provision” which is a very good read. You can reach it here. The wags among you may consider that you could … Continue reading

Posted in dc pensions, de-risking, defined aspiration, Fiduciary Management, Financial Education, First Actuarial, NEST, pensions, Public sector pensions, Retirement, Trades Union Congress | Tagged , , , , , , , | 8 Comments