Tag Archives: Centre for Policy Studies

Auto-protection from an autodidact (the joy of Johnson).

One of the joys of Michael Johnson’s 40 or so papers on pensions is that you never know what to expect next. Johnson deliberately sets himself apart from the industry to rail at it. He is at his best when … Continue reading

Posted in pensions | Tagged , , , | 3 Comments

Michael Johnson – 80% of fund management industry is redundant

Michael Johnson has responded to the FCA’s Asset Management Study for the Centre for Policy Studies. Here  is his paper is in full. SUMMARY The Financial Conduct Authority (FCA) is to be congratulated on its recent interim Asset Management Market Study. … Continue reading

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

Paying for other people’s pensions

I’ve said it before on this blog, but I’ll say it again. The amount of Council Tax many people pay to fund other people’s pensions exceeds their own contributions into pensions, even when they’ve been auto-enrolled into “workie”.   “You … Continue reading

Posted in de-risking, Financial Education, governance, infrastucture, investment, leadership, pensions | Tagged , , , , , , | 3 Comments

Taxpayer subsidy for public service pensions to double over 6 years

This is an article from Michael Johnson. I agree with the numbers but I’m not so sure about the sentiment that lies behind it. As a nation we can afford anything if we chose to prioritise the spending and we … Continue reading

Posted in Financial Education, First Actuarial, pensions, Public sector pensions, Royal Mail, smelly | Tagged , , , , , , , | 8 Comments

Johnson v Keating ; a pensions heavyweight title fight

There are two documents sitting on my desktop this morning. The first is a paper by Con Keating. Con believes that the best way of providing pensions is collectively through large organisations who are able to offer and keep future … Continue reading

Posted in actuaries, auto-enrolment, David Pitt-Watson, dc pensions, de-risking, defined aspiration, pension playpen, pensions, Personal Accounts, Personality | Tagged , , , , , , , | 1 Comment