Tag Archives: actuaries

“Be fast. Have no regrets. You must be the first mover”.

  “Fast moving actuary” was once the title of a gossip column in Professional Pensions. It’s an intentional oxymoron, the actuary’s stock in trade is prudence – standing back. But “with a pandemic you can never act too early” and … Continue reading

Posted in actuaries, age wage, coronavirus, pensions | Tagged , , , , | 2 Comments

Latest; from COVID-19 Actuaries Response Group

The Covid19 Actuaries have taken to doing weekly round-ups. This one’s co-authored by Matt and Nicolas. Both have already published articles on here but Nicola gets the photo as she missed out last time (and because it’s an intriguing photo).Thanks … Continue reading

Posted in actuaries, advice gap, coronavirus, pensions | Tagged , , , , | 1 Comment

How modelling helps us understand and deal with the pandemic.

Introduction Fighting this COVID-19 pandemic requires a good grasp on how the virus spreads, impacts health care demand and could be managed. This bulletin highlights some examples of how mathematical modelling has contributed to the understanding and intervention of this … Continue reading

Posted in actuaries, advice gap, coronavirus, pensions | Tagged , , , , , , , | 3 Comments

Suppression vs Mitigation. What’s this all about?

Introduction Put simply the community of nations is responding to the COVID-19 pandemic by trying to implement a suppression strategy.  The UK government initially proposed an alternative mitigation strategy never before tried in any recorded history, but has now moved … Continue reading

Posted in actuaries, advice gap, coronavirus, pensions | Tagged , , , , , , | 2 Comments

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 , , , , | 2 Comments

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