Monthly Archives: January 2025
Government to facilitate access to pension surpluses
This blog is a copy of a social media advert by these young lawyers keen to help pension schemes run on. It is largely factual and contains some comment. I have learned from it and re-publish it here. 29 January … Continue reading
Awkward surplus choices for top-job pension people!
There are a lot of people making noise about releasing pension scheme surpluses in funding. Here’s the actuaries saying something that pleases everybody. Actuaries like to think of themselves as an extension of the government and of course they have … Continue reading
We’ve got a £1.6tr framework to make Britain Great again
Oops , sorry about my plea for some morale support yesterday, I have slept properly and hope to agree a way forward today. I wondered for a brief moment whether I should pack it in! I mention this because … Continue reading
Getting through January – it gets better if we talk!
It is not often that I am caught off my guard but yesterday was one such time. I thought that I was making progress towards a goal which will be of much value to those who want the security … Continue reading
Taking our eye off the long term objective for fear of short term volatility
Byron McKeeby has long been a friend to this blog. Here he questions the over reliance on asset allocation to pay collective pensions, when the chief consideration is the short -term volatility of the asset classes. What follows is … Continue reading
Julian Mund at Mowbray; PLSA local and global
I have written plenty about John Hamilton’s speech at Melton Mowbray, But it was not just John on stage at the PLSA East Midlands event. Preceding John was the PLSA’s CEO and I’m pleased he’s sent me his slides for … Continue reading
You can’t wait for Reeves tomorrow? PM Starmer on Pensions tonight..
A press release has been issued by the Prime Minister’s office. Here it is. So you thought that pensions were a quiet backwater? Think again. If you were waiting for Rachel Reeves growth speech on Wednesday, you’ve missed the point. … Continue reading
Pensions and Truell. Radio 4 – well worth a listen back
I hadn’t expected to have to move my early morning meeting tomorrow , but I did , to listen to Edi Truell bang on time on Radio 4. You should be able to find out hear Following Edi’s comments in … Continue reading
An old friend makes it to the top of Aegon’s Master Trust
Antonia Balaam is the new Head of Mastertrust at Aegon and I’m pleased for Antonia and Aegon She’s a bright actuary , learning her art at WTW and Aon and firing things up at First Actuarial when I was there. … Continue reading
Is Reeves condemning the “de-risking” of pensions?
There has been considerable response to last night’s blog Field called our DB pensions “an economic miracle”….Reeves knows why. It explains how a speech including a call to reinvest pension surpluses in company and economic growth. It’s worth reading and … Continue reading