Tag Archives: Con Keating
BONFIRE. Keating and Clacher conclude their articles on the DB funding code
We began this series of blogs and articles with a call for a bonfire of regulation; at the very least we should start with this proposed Funding Code. Continue reading
Posted in actuaries, advice gap, pensions
Tagged Con Keating, DB, defined benefit, Iain Clacher, music, pensions, TPR
2 Comments
Will the next pension strip-off be unisex?
In a blog posted yesterday, Con Keating and Iain Clacher lamented the decline in the fortunes of DB pensions pointing to a series of political and regulatory interventions that hastened rather than prevented the catastrophic decline in good quality occupational … Continue reading
Posted in actuaries, pensions
Tagged actuaries, Brighton Beach, Con Keating, Strip-off, TPR
3 Comments
A practical illustration of Contractual Accrual Rates – Clacher and Keating
In this article Con Keating and Iain Clacher explain an alternative to the current way we require DB schemes to be funded. It challenges received thinking and offers a way forward to regulators struggling to find an acceptable funding … Continue reading
Posted in de-risking, pensions
Tagged Accrual, Car, Con Keating, Conractual accrual rate, defined benefit, Iain Clacher, liability, pensions
11 Comments
The mess we’re in (pt.1) and how we got here.
Iain Clacher and Con Keating Since their heyday in the 1990s, UK occupational DB schemes have been winding up at a rate of about one every two days. Their replacement, DC schemes, are a poor substitute; they are tax-advantaged savings … Continue reading
Posted in accountants, actuaries, advice gap, pensions, trustee
Tagged Con Keating, DB, DB pensions, Iain Clacher, regulation, Roy Gopode, Sharon Bowles, TPR
1 Comment
Lets stop kidding ourselves about pensions
Three things prompt me to write this article The work of Dr Iain Clacher and Con Keating into the unequal burden regulation places on the sponsors of defined benefit pension schemes The agreement between unions, Government and employers in the … Continue reading
Posted in age wage, CDC, consolidation, pensions
Tagged CDC, Con Keating, Iain Clacher, Netherlands, Pension Schemes Bill, pensions
6 Comments
Asset managers are no longer the problem on cost transparency
This is the first of ten articles by AgeWage co-founder Dr Chris Sier. All articles have first been published in the FT’s Pension Expert and are re-produced with its kind permission. The oritinal of this article can be found here … Continue reading
Posted in advice gap, age wage, pensions
Tagged AgeWage, chris sier, Clearglass, Con Keating, pensions
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The other way to value DB schemes- Clacher and Keating.
DB scheme value Valuation – the long way round Our blog (May 28th) calling for a bonfire of pension regulation led to a surprising amount of interest and a wide range of questions and even some requests for expansion … Continue reading
Posted in accountants, actuaries, advice gap, de-risking, pensions
Tagged Car, Con Keating, Contractual accrual rate, DB, defined benefit, Iain Clacher, valuation
5 Comments
“He that hath ears to hear, let him hear.”
I am very pleased that Con Keating and Iain Clacher’s recent article has got so much attention , both in terms of readers and in terms of social media comment. Though I am one of those who thinks the Pension … Continue reading
Posted in actuaries, Big Government, coronavirus, pensions
Tagged Con Keating, David Fairs, Ears, Guy Opperman, Joe Strummer, John Ralfe, Matthew, ppf, TPR, Treasury
5 Comments
Pensions need a bonfire of regulation – (Con Keating and Iain Clacher)
This essay is motivated both by the Pensions Regulator’s consultation on its proposed code of practice for scheme funding and by papers published in recent years by the Institute and Faculty of Actuaries, such as “Actuarial valuations to monitor defined … Continue reading
Posted in dc pensions, de-risking, pensions
Tagged Con Keating, DB pensions, Iain Clacher, professional pensions
13 Comments
Con Keating on “Risk and the Management of Investment Portfolios”
One of the few things that we know about risk is that it means that, over some future period, more things may occur than actually will eventuate. The role of an active asset manager is to seek to determine which … Continue reading
Posted in advice gap, age wage, pensions
Tagged AgeWage, Benchmark, Con Keating, Internal rate of return, IRR, pensions, Risk
4 Comments