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

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

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

Posted in pensions | Tagged , , , | 2 Comments

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

Posted in pensions | Tagged , , , , | 11 Comments

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

Posted in pensions | Tagged , , | 5 Comments

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

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

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

Posted in accountants, actuaries, advice gap | Tagged , , , , , , , , | 5 Comments

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

Posted in pensions | Tagged , , , | 1 Comment

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

Posted in advice gap, de-risking, DWP, guy opperman | Tagged , , , , , , , , , , | Leave a comment

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

Posted in actuaries, advice gap, age wage | Tagged , , , , , | Leave a comment

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

Posted in dc pensions, de-risking, DWP | Tagged , , , , , , | 2 Comments