Monthly Archives: January 2025
Should shareholders challenge unnecessary de-risking of DB pensions?
Yesterday we heard from John Towner, today we hear from Pensions Oldie. Pensions Oldie must not be unmasked ( a condition of publication) but he is known to me as a kind gentleman whose views are articulated with a depth … Continue reading
Pensions (not annuities) are in his DNA! Can I change John Towner’s mind?
John Towner is in charge of L&G bulk annuities and you might expect me to take issue with him as I see bulk annuities too often as value destroyers. I have written recently of my disproval of L&G for creating … Continue reading
Why cycleways can be killers (a personal tale)
Through my door in my Blackfriars flat comes a leaflet that asks me to comment on a proposal to build a cycleway from Aldgate to Blackfriars. I am grateful to comment. On 15th of November I cycled on the CS7 … Continue reading
Are pension funders turning against insured annuities?
This time last year I was reading about 2024 being a bumper year for buy-ins and buy-outs. The link’s to an excellent WTW report which is partially a marketing document for the months to come. It was published in … Continue reading
West Hollywood – could it wake up the world?
Those of us not immersed in the Hollywood epic may be asking why a natural disaster that has resulted in a relatively small number of casualties is grabbing all the attention. The answer may be in this brilliant picture, posted … Continue reading
How strong is Britain’s DB funding? The video trustees and sponsors should not ignore
I expect that this issue will continue to receive minimal attention on this from the consultancy teams advising trustees on funding, from the press which is generally driven by he consultants and from the majority of pension experts who’s … Continue reading
A blog to put stout boots on pension people facing the snow
The month is moving on and so must I. Today I will leave my rehabilitation in Shaftesbury – Dorset. Outside my mother’s house there is snow and I anticipate problems that probably won’t happen. I see similar problems … Continue reading
Keating asks do ONS numbers predict a bleaker path for DB schemes?
The following slides have been described as “academic”, “hard” and “dry”. I do not publish them to promote this blog in sensational style. Yesterday Con Keating talked us through the numbers with a stern discipline. The video is yet to … Continue reading
Should private equity fill the pot holes on the road to retirement?
The FT report that the Private Equity lobby in the United States can’t wait for President Trump V 2.0. So it’s time to tap people’s pension pots. It should be noted that the existing purchasers know what they are … Continue reading
Richard Smith remember life and death through pensions
I (Henry)mentioned yesterday that other parts of our lives are being realised by technology. For me, religion and healthcare are now on-line and app-likable! But delivering a pensions dashboard to our devices is taking a long time. I went to … Continue reading