When only 8 to 15 mega-trusts dominate the entire defined contribution (DC) and LGPS landscape, peer-group risk may override manager…
This is clearly a serious story about institutional accountability, bankruptcy and the treatment of former employees. But, although the immediate…
Here's another way for a pension fund to get in the soup. https://bayourenaissanceman.blogspot.com/2026/09/the-catholic-clergy-sex-abuse-scandal.html
I had earlier today read a medical research article reporting on a Japanese study that found that “supercentenarians” — those…
Tag Archives: Aberdeen
Why the Aberdeen-Stagecoach Transaction Does Not Threaten Bulk Annuities – Gordon Aitken
A Different Direction: Why the Aberdeen-Stagecoach Transaction Does Not Threaten Bulk Annuities Understanding the mechanics behind the deal and why it does not change the endgame landscape Gordon Aitken Dec 10, 2025 Note: These are my personal views and do … Continue reading
Posted in pensions
Tagged Aberdeen, buy-out, gordon aitken, Jason Windsor, John Hamilton, Pensions, Rob Andrew, run-on, Stagecach
2 Comments
Pensioners look on as insurers gloat.
There is something wrong about this. Insurers should not gloat that they will be investing what is currently our pension fund money. The insurance companies expect £550bn of our money to insure and reinsure promises already secured in pension schemes. … Continue reading
Posted in pensions
Tagged Aberdeen, Insurers, pensioners, Stagecoach, Standard Life, superfunds
Leave a comment
Insights into a pensions sponsor substitution transaction – watch Aberdeen, Stagecoach Trustees with PWC
Iain Pearce is a smart consultant, Nick Chard a professional trustee and Rob Andrew an actuary who manages pensions at Aberdeen. Together they did a great job for the Stagecoach Pensioners. I’m pleased he is making sure the story of … Continue reading
Posted in pensions
Tagged Aberdeen, Iain Pearce, Nicholas Chadha, Rob Andrew, Stagecoach
Leave a comment
“Run on Shared Ambition” – the answer for Stagecoach pension and Aberdeen’s sponsorship.
What a way we have come from early in 2025 when I last heard John Hamilton speak. John Hamilton’s talk to the M&G Investment Conference Trustees brought an intensity to this event that overcame the usual self-interest. If you want … Continue reading
Revival of pension investment as pension buyout deals slow.
The FT kick off the week reporting something that you’ve been reading on this blog and in the pension trade press, the flow of pensions to insurance annuities is slowing as the size of buy-ins and buy-outs slows. Thanks Mary … Continue reading
The Missing Voices of pensions!
There are two voices among trustees that provide a fascinating contrast. John Hamilton (not a professional but a chair of trustees) is calling for trustees and employers to pay more attention to the implications of decisions on “end game” while … Continue reading
Stagecoach’s Pension’s heritage simplified – in less than 2 minutes
There are parts of a weekend when you’re finding yourself wanting to hear someone talking at you. I start this blog with a five year old news item linking Stagecoach with Aberdeen and will revert to the heritage of the … Continue reading
Why are there still 4,838 DB schemes and what will happen in 2026?
Thanks to the Pension Protection Fund for using its data gathering prowess to keep those of us working in and commentating on pensions, armed with the right information. It’s the latest stuff from the Purple Book and it shows just … Continue reading
Innovators ; so much for yesterday – what of tomorrow?
I have reprinted the links to the video and slides from John Hamilton’s presentation yesterday. It is a mark of the interest the Stagecoach/Aberdeen (SASA) deal has had that the blogs surrounding John Hamilton’s appearance have had enormous interest. But … Continue reading
SASA – (Stagecoach Aberdeen Scheme Adoption) – the video and deck
If you missed this coffee morning presentation from John , you are in luck. It’s with you below, with a download if you want to share it – here. If you want to see the slides they are below and … Continue reading
Posted in pensions
Tagged Aberdeen, Business, corporate governance, Defined benefit pension plan, DWP, FCA, Government, pension, pension playpen, Pensions, Retirement, SASA, Stagecoach
Leave a comment
Scottish teachers' pay increases, such as the recent multi-year agreement negotiated via the Scottish Negotiating Committee for Teachers (SNCT) covering…