Tag Archives: Bond

“No use crying over pensions” – Arun Muralidhar’s DC reset.

Posted on November 1, 2023 by henry tapper

SeLFIES (Standard-of-Living indexed, Forward-starting, Income-only Securities). The SeLFIES bond is a single, liquid, low-cost, low-risk instrument, easy-to-understand for even the most financially unsophisticated individual, because it embeds accumulation, decumulation, compounding and inflation-adjustments. SeLFIES is good for governments too, as the … Continue reading →

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

Out from the eye of the storm

Posted on October 12, 2022 by henry tapper

Predictably, the PLSA called upon the Bank of England to provide ongoing support for the pension funds which had either directly or through pooled funds, geared up their bond exposure through “borrowing”. “Borrowing” is what the Bank of England thinks … Continue reading →

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

A different approach to pension scheme solvency and funding.

Posted on June 10, 2020 by henry tapper

Solvency and Funding This is the second of our blogs answering questions which arose from our original essay written in response to the proposed DB Funding Code. It covers issues of solvency and funding. Solvency estimation involves the comparison of … Continue reading →

Posted in advice gap, de-risking, economics, pensions, Retirement | Tagged , , , , , , | 5 Comments

DWP’s blooper – find, forgive and forget.

Posted on February 18, 2020 by henry tapper

As Twitterstorms go – it wasn’t in the Dennis or Ciara category, but this video put out by the DWP has got some notable tongues wagging I wouldn’t expect much nuance in a video for Twitter, but “your funds grow … Continue reading →

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AE Pots must follow workers (Hargreaves Lansdown’s right)

Posted on June 17, 2018 by henry tapper

I have just read a policy paper in my hand from Hargreaves Lansdown;  “Putting Individuals at the Heart of the Pension System”. After some pretty dire submissions to the Work and Pensions Committee on CDC, I hadn’t thought to agree with … Continue reading →

Posted in auto-enrolment, pensions | Tagged , , , , , , , , , , | 4 Comments

Con Keating on the real cost of pension transfers

Posted on January 3, 2017 by henry tapper

  Imagine buying a bond at par, say a ten-year, ten-percent coupon issue; then let five years pass, when market interest rates decline to one percent. At this time, the bond is trading in the market at £143.68 percent. Now, … Continue reading →

Posted in Pension Freedoms, pensions, Retirement, trustee | Tagged , , , , , , | 5 Comments

Is automatic-enrolment about to become a pension issue?!

Posted on May 18, 2016 by henry tapper

Business software is not glamorous; writing about the goings on of the annual BASDA conference was going to be a challenge, especially with a sexy pension dashboard conference happening concurrently. So I’m pleased to bring a good news story to your … Continue reading →

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5 reasons why payroll must get smarter at pensions.

Posted on February 9, 2015 by henry tapper

Recently I was talking with someone who used to be pension manager to one of our large retailers. She wrote to me over the weekend. She’d realised that the people doing payroll for the 1.2m employers still to stage auto-enrolment aren’t … Continue reading →

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