Tag Archives: actuaries
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
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
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
“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
The pension transfer debate can’t be left to experts!
I’m a big fan of outright hostility on social media, especially if it is directed at me. I don’t rate myself as anywhere near as good as Paul Lewis – who is the master at absorbing and developing such hostility … Continue reading
Actuaries – many ears here to listen!
I am glad that I had a go at the actuarial experts arguing in the FT. It didn’t change the way people behaved yesterday – (although several hundred people appear to have spent time reading it) – but it solicited … Continue reading
Actuaries! Talk with us – don’t argue with each other.
There’s a silly letter in the FT this week which I print in full. Sir, Jo Cumbo’s report “Mortality update bodes well for pension deficits” (May 4) refers to an assertion by PwC that slowing mortality improvements could reduce UK … Continue reading
Royal Mail’s pension; kick out the experts
A wage in retirement – not a dump of cash At the back end of last week, Royal Mail rejected the CWU’s proposal to establish a new defined benefit scheme designed to keep posties accruing a pension based on career … Continue reading
Shift to bonds chokes health of UK pension funds!
One of the best things about working for First Actuarial is our resolute refusal to see the world any way but our way! As common sense (pragmatism) is what guides us, we are happy to have the courage of our … Continue reading
Why can’t we talk about investment returns?
Investment performance has become a taboo – a “no go zone”. This suits the auto-enrolment agenda which is “comply or die”, but NEST has broken ranks and asked defaqto to publish comparative investment performance and it was right to … Continue reading