Tag Archives: actuaries

So what is a Coronavirus?

In the second paper shared by the C19 Group, Nicola Oliver tells us what Coronaviruses are and how they can be deadly. She explains why they impact in different ways. Thanks to Nicola and Stuart and other members of the … Continue reading

Posted in coronavirus, pensions | Tagged , , , , | 1 Comment

USS : FINANCIAL DIFFICULTIES – OR OPPORTUNITIES?

    Jon Spain is one of Britain’s foremost actuarial thinkers. You don’t have to  be an actuary to enjoy this piece – indeed it might help for non-actuaries to peer behind the actuarial covers – as Jon allows you … Continue reading

Posted in actuaries, pensions | Tagged , , , , , , , , | 1 Comment

What are those actuaries up to now?

“The Great Risk Transfer” baffled the journalists who were conspicuous by their absence at this breakfast meeting. Pension Age reported “IFoA to investigate transferring of risk onto consumers” as if the actuaries were campaigning  for Which? Professional Pensions reported the … Continue reading

Posted in actuaries, advice gap, age wage, pensions | Tagged , , , , , | Leave a comment

Why do DB transfer values make me sick?

One of the things ordinary people find hardest to work out is why their share of a defined benefit scheme can go up when stock markets go down. This happened last month where the stock market fell. But in August, … Continue reading

Posted in actuaries, advice gap, BSPS, FCA, pensions | Tagged , , , , , , , | 8 Comments

Convince or collapse – the options for small DB schemes in the next decade.

    We stand on the cusp of the third decade of the 21st century. That decade is likely to see small DB schemes collapse into consolidators or stand firm with renewed conviction. I wonder if I will still be … Continue reading

Posted in CDC, dc pensions, de-risking, defined ambition, defined aspiration, pensions | Tagged , , , , , | 2 Comments

CDC and the actuarial profession

  I am not an actuary, I work with actuaries and I work for an actuarial firm. I stand up for actuaries and I praise them where praise is due. Yesterday saw an attack on the actuarial profession on twitter … Continue reading

Posted in actuaries, pensions | Tagged , , , , , , , , | 9 Comments

Other ways of doing CDC

  It’s great when you wake up – turn on your phone and get a really great couple of messages! This is what happened this morning to me Last night John Ralfe had been asking me where I felt CDC … Continue reading

Posted in CDC, pensions | Tagged , , , , , , , , | Leave a comment

With “good risk” , we can push the sky away.

    This from City AM’s Josh Mines The pension deficit of the UK’s 350 largest companies tumbled by a huge £16bn over the course of May, figures out today have shown. In just one month, the FTSE 350 pension … Continue reading

Posted in actuaries, pensions | Tagged , , , , , , , | 1 Comment

What now for the new BSPS and its members?

I was sent an announcement yesterday about the new British Steel Pension Scheme. It’s a complicated message and I’ve tried to add comments that explain what each paragraph means in a little easier way. My comments are in green. They … Continue reading

Posted in actuaries, BSPS, pensions | Tagged , , , , , , | 3 Comments

“If not ACAS – who?” No end in sight to the USS dispute.

The dispute between the University employers (UUK) and their teaching staff (UCU), shows no sign of resolution. Indeed, with students breaking for their Easter holidays, impulsion for a settlement has now reduced. There would have been little teaching done over … Continue reading

Posted in pensions, USS | Tagged , , , , | 2 Comments