Monthly Archives: March 2024
Value for savers from their pensions
I’m conscious that the title of this blog is not simple, the business of measuring value from pensions is easy in retrospect but hard in prospect. I am glad that the FCA aren’t ducking the issue. The FCA has published … Continue reading
The cost of living crisis’ long tail
Some home truths for those who think that the fall in inflation spells the turning point and things can only get better. Because the rate of inflation is falling , doesn’t mean prices are falling The main costs we … Continue reading
Calpers and their $320 Private Markets bet
In this morning’s article on the DCIF annual event, I argued that there needs to be a better case for our DC schemes to invest in pension schemes. Simply arguing that there are less barriers is not enough. I finish … Continue reading
Pension PlayPen buy-out debate a bit of a damp squib.
I admit to being a little frustrated by yesterday’s Pension PlayPen coffee morning which did not yield very much to the small audience that had gathered to hear Hymans Robertson talk of the risk transfer market. You can watch the … Continue reading
We remain unconvinced about “private markets” – more conviction needed!
This blog is about the continuing relevance of asset and fund managers against the rising tide of Exchange Trading which is making their business look increasingly anachronistic. Since the bulk of assets in the pension funds we invest in are … Continue reading
Posted in pensions
4 Comments
What do we mean by “risk transfer” – we’ll find out this morning!
This morning , Pension PlayPen will have a proper debate about what we mean by “risk transfer”. Well done Iain and Claire for stepping forward to discuss “Risk Transfer” in the Pension PlayPen. We have a healthy disrespect for the … Continue reading
The opportunity for pension funds to invest in the UK is here- why wait?
Let’s focus on the last two paragraphs of this short statement by the Treasury Minister charged with making for more productive regulation. The disclosures made by DC pension funds are already extensive, but they are little used. Decisions by employers … Continue reading
DB pensioners – ask for more – now!
These young people are losing their jobs and making it clear they are aggrieved – on Tik-Tok. Older people don’t find it easy to get their voices heard when they are losing out. In this blog William McGrath argues that … Continue reading
Risk Transfer ; expect a proper debate tomorrow !
Well done Iain and Claire for stepping forward to discuss “Risk Transfer” in the Pension PlayPen. We have a healthy disrespect for the “received idea” that pension schemes are in an end-game. With 5,000 DB schemes currently running on there … Continue reading
Posted in pensions
Leave a comment
Do we yet know the true state of DB pension finances?
Download the correspondence between TPR and the Work and Pensions Committee and you find yourself with something called . It’s a spelling which suggests something a little irregular , a suggestion confirmed by the contents of the file The “dispute” … Continue reading