Tag Archives: Actuary

If Tesla did pensions…

Posted on March 1, 2018 by henry tapper

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!

Posted on September 7, 2017 by henry tapper

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 July 21, 2017 by henry tapper | 1 Comment

The pension transfer debate can’t be left to experts!

Posted on May 28, 2017 by henry tapper

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?

Posted on May 13, 2017 by henry tapper

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

A Christmas present for UK pension plc

Posted on December 15, 2016 by henry tapper

The Pension Protection fund published its monthly update on Tuesday. The news slipped out quietly (as good news generally does). The aggregate deficit of the 5,794 schemes in the PPF 7800 Index is estimated to have decreased over the month to … Continue reading →

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“The pension transfer lottery” – thoughts from a PlayPen lunch.

Posted on December 6, 2016 by henry tapper

At a consumer level, the absurdity of pension deficit volatility, seemed to me abstract and notional. But yesterday’s Pension Play Pen lunch changed that.  One of our party reported that the value of his cash equivalent transfer value (CETV) changed … Continue reading →

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

“Blindsided!”-investment consultants caught by FCA’s rabbit punch

Posted on November 19, 2016 by henry tapper

Nobody saw it coming. I went to a conference of investment consultants earlier in the month, the FCA’s Market Review was not on the agenda of any of the day’s sessions. But the FCA’s proposal to make a MARKET INVESTIGATION REFERENCE … Continue reading →

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

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

Posted on November 1, 2016 by henry tapper

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)

Posted on October 18, 2016 by henry tapper

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 →

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