Tag Archives: Actuary

Aussie actuary flies DC…

  I needed to travel to London. I began my preparations with a call to an airline that I hadn’t used before but that I was keen to try, given its appeal­ing advertising. “Wombat Airways, good morning, this is Margaret … Continue reading →

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

The cost of turning pot to pension

  I’m pleased to hear that Scottish Widows are planning to open their standard annuity product to the open market (previously only Scottish Widows customers could access this product). Their marketing people tell us It will be available directly from … Continue reading →

Posted in actuaries, age wage, annuity, pensions | Tagged , , , , | 4 Comments

Why the USS got itself into trouble ( Mike Otsuka).

Mike Otsuka’s extraordinary diligence in understanding the pension scheme he is a member of, is an example to us all. In this article he delves into the archives and uncovers some disturbing statements. They shed light on the current “unaffordability” of … Continue reading →

Posted in pensions, USS | Tagged , , , , | 6 Comments

The value of geography

I am not a geographer, I didn’t get the O-level – a little like Hilary Salt, I thought it something that PE teachers taught to fill in their curriculum. Geography has come a long way – when I was at … Continue reading →

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

If Tesla did pensions…

Hi!, I’m Oliver Payne and being the good Actuary that I am, I could not write something like this without first stating the caveats. So let me clarify a few things: this should not be considered Actuarial advice, the views … Continue reading →

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

Why some transfer values may be just TOO HIGH!

Earlier this year I wrote a blog “why some transfers are ridiculously high” which set out to explain how DB transfer values are calculated and why they are at present at historical highs. My friend and colleague Alan Smith presented the … Continue reading →

Posted in pensions | Tagged , , , , | 4 Comments

      An actuary friend of mine writes to me If we adjust the State Pension Age ahead of time, then it depends on assumptions for future improvement – (as adjustments follow a formula). And right now as you know … Continue reading →

Posted on by henry tapper | 1 Comment

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 →

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

You want to know the difference between RPI and CPI – from an expert?

Sometimes twitter just says wow! This is one of those times! Oh this is excellent. I mean seriously excellent. @TheActuaryMag @ProfPensions https://t.co/aJluICOIdk — Mike Harrison (@HigherEdActuary) May 12, 2017   Response to Department for Work and Pensions consultation on Security … Continue reading →

Posted in actuaries, pensions | Tagged , , , , , , , , , | 7 Comments