Tag Archives: DB Funding Code
“Here at last or here too late”, David Fairs on the DB Funding code 10.30 this morning
Click this link to join David Fairs and the Pension PlayPen on Tuesday For such a decent, mild-mannered and well- qualified individual, David Fairs is an unusually controversial character. As a KPMG partner he worked on innovative and cutting-edge pension … Continue reading
Posted in pensions
Tagged David Fairs, DB Funding Code, LCP, man and boy, Pensions, TPR
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Is Fairs fair on the DB funding code?
For such a decent, mild-mannered and well- qualified individual, David Fairs is an unusually controversial character. As a KPMG partner he worked on innovative and cutting-edge pension policies and developed a reputation for forward looking policies that pushed at the … Continue reading
ONS data casts doubt on UK DB funding levels
DB Pensions Data and Policy Analysis Iain Clacher & Con Keating The new Funding Regulations laid before Parliament have an impact assessment which relies upon analysis provided by the Pensions Regulator (TPR). Similarly, the current consultation on options for … Continue reading
Neil Bull from TPR on the DB Funding Code – unmissable PlayPen event
Posted in pensions
Tagged DB, DB Funding Code, Funding Code, Neil Bull, Pensions, TPR
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DWP funding regs. suffer from “recency-bias” – Keating and Clacher
This is the fifth in our series of blogs addressing the questions posed in the DWP’s Funding Regulations consultation. Links to the previous blogs are provided at the end of this blog. We follow the same conventions as in previous … Continue reading
Posted in pensions
Tagged Con Keating, DB Funding Code, Dr Iain Clacher, DWP, Funding Code, Recency
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Cumbo calls into question pension transparency.
Case study – the pertinent question on DB funding. For this story, I spoke to an 86yr-old who worries everyday about how his wife, 9 yrs younger, will cope financially if he dies before her. He receives NO inflation rises … Continue reading
Posted in pensions
Tagged DB Funding Code, Hatton, Jane Hatton, jo cumbo, Pensions, ppf, USS
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A DB funding code – but not as we knew it
Professional Pensions has secured a scoop from TPR policy head, David Fairs admission that the DB funding code he launched in 2019 is practically dead in the water. Not being at the event, I am going on PP’s report … Continue reading
Buzzing for the DB funding code?
Views of the proposed DB Funding Code from Con Keating In their weekly Pensions Buzz survey, Professional Pensions posed the following question: “Is TPR’s approach to the new DB funding code the correct one in your view?” There were 100 respondents … Continue reading
Posted in actuaries, advice gap
Tagged DB Funding Code, Funding Code, Pension Buzz, professional pensions
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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
Are John and Norma right – are we facing the end of mass-retirement?
@JosephineCumbo could you pls explain why “open” DB schemes are less risky than closed schemes, and should therefore be subject to weaker funding requirements? “Josephine Cumbo: Open and closed case @@corpadviser https://t.co/u3loRiZxB6 — John Ralfe (@JohnRalfe1) October 30, 2020 The … Continue reading
Posted in pensions
Tagged DB Funding Code, de-risking, John Ralfe, Lockdown, Norma Cohen, Pensions, Ros Altmann, TPR
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