Tag Archives: cardano

The fall-out from LDI will dominate DB pensions in 2023

  The FT has published a piece this morning suggesting a “blame game” between consultants and the providers of LDI solutions. Was it the providers or the advice given by investment consultants  on implementation and management of leveraged LDI strategies … Continue reading

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

CDC without the scheme – Stefan Lundbergh

Stefan Lundbergh Director Cardano Insights The global challenge in pensions is to solve the pay-out phase. A popular vision, among pension policy people, is to introduce a life-long income but without the drawbacks of annuities. In the UK, many advocate … Continue reading

Posted in pensions | Tagged , , , | 1 Comment

Now and then.

It all started so well – and ended so sadly. Yesterday NOW’s owner, the Government backed Danish Pension Fund announced it was selling it’s UK master trust to Cardano, the Dutch Fiduciary Manager. NOW were the first organisation to seriously … Continue reading

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

Cardano’s CDC submission and what Con Keating thinks of it

This is a critique of Cardano’s submission to the Work and Pensions Committee by Con Keating. Con’s comments are in red and are interspersed with Cardano’s which remain in black. Because of the numbers of formats of the various documents received, much … Continue reading

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

The value to me of “set and hold”!

  The FT is masterful with understatement. A 2% charge can take quite a chunk out of the overall portfolio return If your predicted investment return is (say) inflation +3%, having to earn 2% to pay your investment manager, custodian … Continue reading

Posted in actuaries, advice gap, pensions, pot, Treasury | Tagged , , , , , , | 2 Comments

Boom Bust Boom

I went to the Imax this week (great cinema) to see Boom Bust Boom. I was a guest of Cardano, the Dutch fiduciary manager and I had a good time. One thing I’ve learned about the meeja, is that if … Continue reading

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

GIVE THE LONDON BOROUGH’S PENSION FUNDS A COMMON INVESTMENT FUND AND FAST.

GIVE THE LONDON BOROUGH’S PENSION FUNDS A COMMON INVESTMENT FUND AND FAST. Continue reading

Posted in cardano | Tagged , , , , , , , , | 3 Comments

I outsourced my pension fund to a Fiduciary Manager (but didn’t know it)

I discovered I’d outsourced my personal pension fund to a Fiduciary Manager. So had all my colleagues, so had 90% of the 14,000 personal pension holders who are my clients and so had the trustees and sponsors of all the Schemes I’d been involved in at Zurich and Eagle Star Continue reading

Posted in EU Solvency II, Fiduciary Management, Liability Driven Investment, redington, Retirement, Treasury | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | 3 Comments

Contract based DB- Redington v Cardano- no blood!

Full house in St Albans for the Redington/Cardano match-off. Morinho v Ferguson, Ali v Fraser, Cowell v Walsh-we had been promised blood. Things started poorly, a weak show of hands from the audience on who was supporting who (needed some hand helds to give … Continue reading

Posted in de-risking, Fiduciary Management, redington | Tagged , , , , , , , , , , , , , | 5 Comments