Tag Archives: Blog

Plugging phoney deficits does no good!


We have become fixated with phoney pension deficits, now a British pension consultancy is suggesting we can plug phoney deficits with real money, the dividends that support “other people’s pensions. This is what we think of the phoney deficits. Our … Continue reading

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“Sunspots” (Con Keating)


Although not at this week’s Pension PlayPen lunch, Con asked for an account of the conversation; I mentioned that those in the room were pleased that schemes owning large amounts of index-linked gilts, had enjoyed bumper returns last year. It … Continue reading

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End of the road for LDI?


Thanks to those brave souls who braved “Southern”, the tube strike and filthy weather to attend yesterday’s lunch which asked “has LDI had its day?”. One answer to that question was clear, I learnt that the top performing asset class … Continue reading

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Self sufficiency – another idiocy! (Con Keating)


  The idea that DB pension schemes should be self-sufficient, funded to such a level that they are capable of paying all pensions when due from their own resources is now rather popular. It is also completely idiotic, as the … Continue reading

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Fundamental concern with pension regulation.


Con Keating on the political economy of UK pension scheme regulation John Woods’ paper “The political economy of UK pension scheme regulation” should be read closely, and repeatedly in both the FCA and the DWP, and used to inform their … Continue reading

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Pensions and the Media


We like to think that the media works well with the pension industry, but it’s a relationship based on our money, not on mutual respect. In this article I look at how the media really view pensions, concluding we have … Continue reading

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How mean is my valley? Why have we given up on pension prosperity?


  Britain is one of the great economic powerhouses of the world. We are a strong nation that should be most confident in ourselves and our capacity to manage our own future. In the past few days we have seen … Continue reading

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Protecting the member’s promise (Tim Sharp of TUC speaks up)


Tim sits with us on the Transparency Task Force; he’s a force for good as the TUC’s person in the pension hot seat. These are strong words from a quiet man; the member needs an advocate and Tim and the … Continue reading

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Pensions Regulator on Pensions Bill (like)


  This blog’s from Andrew Warwick-Thompson who is Policy Director at the Pensions Regulator. As he’s had a lot of say in how the Pensions Schemes Bill was created, I’d expect him to like it. All the same – it’s … Continue reading

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Wankerati and proud of it. My day at the Battle of Ideas.


I’m taking time out from slipping up and down the Thames on Lady Lucy to attend the Battle of Ideas . By the end of this weekend, I’ll have been to 10 debates on everything from “Are dating apps the end … Continue reading

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