Tag Archives: Con Keating
Pension trustees -you can’t buy a sausage with a brick!
There is an interesting article in the FT which has sparked quite different reactions from people I know. Here is it’s presentation from Jo Cumbo, who has strong views on investing other people’s money for social purpose. It’s Jo’s article. … Continue reading
Nick Hillman’s “USS trilogy” reviewed
HEPI (the higher educational policy group) has published three blogs on its website authored by Nick Hillman (pictured). The website hasn’t attracted much comment so I asked Con Keating to send me his. “Idiosyncracy” as a euphemism. When I accepted … Continue reading
Con Keating calls the “obscurantism” of USS
In recent weeks we have seen blogs from Professors Emeritus Michael Bromwich and Dennis Leech both addressing the travails of USS. The blogs can be read here and here respectively. Professor Bromwich’s note is a particularly good attempt at piercing … Continue reading
Codes and the Interim Consultation Response – Con Keating watches them spinning out of Control
Very early in my career, in order to learn to understand and speak Japanese, it was necessary to comprehend the circumlocutions and etiquette of that culture. ‘Yes, but….’ means ‘NO!’ was an early revelation. Responses to regulatory consultations similarly have … Continue reading
What is private sector pension indemnity insurance (and who’s asking)?
Occasionally I find myself as an intermediary for clever people who’d prefer to discuss matters in a public way while remaining anonymous. These people often send me direct messages on twitter whats app and Facebook Messenger and the discussion continues … Continue reading
Managing and measuring DB schemes (Keating, Tilba and Clacher)
With the intention of keeping the Pension Regulator focused, Keating and Clacher have recruited Dr Anna Tilba of Durham University to their ranks. A powerful triumvirate of pension intellectuals whose latest blog is an antidote to the toxicity of pseudo … Continue reading
Age cannot wither him, nor custom stale his infinite variety!
Lovers of this blog and especially the work of Con Keating will enjoy this shot of a young Con in a family if not familiar pose! Little was published of the great man in his younger days for good reason, … Continue reading
A Minister Drinking the Regulator’s Kool-Aid – No Consolation
An article by Con Keating The preamble to a recent article in Professional Pensions by the Pensions Minister, Guy Opperman, read: ” In the fourth of a five-part series of articles for PP, pensions minister Guy Opperman sets out how … Continue reading
With Friends Like These, Who Needs Enemies? The DB Funding Code: An Existential Threat to Open DB Scheme
We have been asked what impact the Funding Code would have on open schemes by a number of correspondents. This blog illustrates why the new funding code is the biggest risk that open scheme members face . Simply put, … Continue reading
DB pensions are in a hole, let’s swap the DWP’s spade for a ladder
Bowles my liege… It’s a great shame to read Guy Opperman excising Sharon Bowles amendment to the Pensions Act. The Bowles amendment would give open pension schemes the capacity to be funded as ongoing concerns rather than being … Continue reading