Tag Archives: Actuary

Pension deficits down/up- last month/yesterday -WHATEVER!

PWC have published their monthly survey of the state of British pension funds. It shows that pension fund deficits have fallen markedly, not because lots of pensioners have died, or because the stock market went through the roof, but because … Continue reading

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Stop telling people what to do! (Michelle cracks the whip)

If you don’t know Michelle, then you should. She is the living, breathing soul of TPAS, an actuary who has forgotten how to be boring and a restorer of confidence in pensions. As the photos on this blog suggest – … Continue reading

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Pensions Deficits: Mark-to-market valuation is the elephant in the room

Following on from yesterday’s blog from Hilary Salt, here are some interesting thoughts from Dennis Leech,  Professor Emeritus of Economics, University of Warwick You can contact Dennis directly at d.leech@warwick.ac.uk   The chief economist of the Bank of England, Andy Haldane, … Continue reading

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Actuaries – “VOTE SALT” your profession needs her.

Vote Salt in the elections for the Institute and Faculty of Actuaries Council. Tell those who know and trust you “Vote Salt”. Actuaries – if you’ve lost the link to your email, PRESS THIS LINK and VOTE SALT This is why … Continue reading

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Making the most of the £20bn small employers spend on DB – Guest blog from Hilary Salt

A simple shift in communications could ensure the £20bn employers spend on DB each year isn’t wasted Over the last decade we’ve seen the long march of defined benefit (DB) pension schemes from the sunny beaches of open schemes run by … Continue reading

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Don’t you -forget about DB – guest blog from the TUC

This blog is written by Tim Sharp of the  TUC, thanks to Hilary Salt for pointing it out and for Tim and the TUC for allowing us to republish it! It is easy to overlook defined benefit (DB) pension schemes … Continue reading

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Pension’s day of reckoning draws nigh!

April 6th 2016 should be a date with a red circle round it on any pension’s office calendar. It’s the day when contracting-out officially comes to an end- “cessates” – is no more. It is also the date when the … Continue reading

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GRAXIT! – an open letter to Phil Loney on how he can help solve the GAR problem.

An open letter to Phil Loney – CEO of Royal London Phil You’ve started a good debate on Guaranteed Annuity Rates and how we should manage them in this time of Pension Freedom. Getting out of GAR contracts (GRAXIT) is proving a … Continue reading

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“Why have our professions lost their mojo?” – asks Hilary Salt

  Have a listen to this Podcast from my colleague Hilary Salt. Hilary’s on from 10.50 and is talking about the constraints on professionals and the loss of confidence in professional bodies such as hers (the Institute and Faculty of … Continue reading

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IFAs and actuaries – as easy as “A Cap B”.

For half of the 30 years I’ve been advising people, I was paid by private individuals to help them take difficult financial decisions. For the other half, I’ve been paid by employers to help their staff take difficult decisions. This … Continue reading

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