Tag Archives: DB

Pensions that make you want to live longer!


Nurse Rebecca is pleased with me. I’ve lost 19 lbs in my first month of recuperation from TapperTubby syndrome.  Regular access, reduced alcohol consumption and a cutting down on high cholesterol and high calorie food are apparently making a difference. … Continue reading

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Bill Galvin – on accountability at #USS


If Jo Cumbo hadn’t mentioned it I’d have missed it. Bill Galvin- erstwhile CEO of the Pensions Regulator and now boss of the University Superannuation Scheme wrote a thought piece on the USS blog – it’s here. It’s a meditation … Continue reading

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Don’t let the bullies grind you down


Talks between the Friends of CDC and the Financial Scientologists broke down last night in merriment. Actually, you are just flat out wrong. But you have a good sense of humor about it. — Jeffrey Brown (@IlliniBizDean) July 21, 2018 There … Continue reading

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Pension Deficits (and Surpluses) – where do you stand on #FABI ?


Rather than kick off with  the FAB index this month, I thought to promote the response it’s publication this morning has received. On the one hand there is Paul Lewis, who (for me) stands  for common sense and the ordinary person. … Continue reading

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Why CDC risk management breaks all the DB rules – Con Keating


The advent of CDC will offer an opportunity to introduce forms and techniques for risk management which are intrinsically more efficient than those currently advocated by the Pension Regulator and which are consistent with the true duties and obligations of … Continue reading

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Con Keating on the Rules of Evidence and The Defined Benefit White Paper.


This post is from Con Keating and first appeared in Portfolio Institutional Alongside its new DB white paper (Protecting Defined Benefit Pension Schemes) the Department of Work and Pensions published a summary of the responses to the earlier DB Green … Continue reading

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When enough isn’t enough – thoughts on #NoCapitulation


Is the USS really in crisis? I was disappointed to read that the University strike isn’t over. But it isn’t and Jo Cumbo hits the nail  on the head. “Majority of members wish to reject the proposal as insufficient.” What … Continue reading

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An American view on the collapse of “traditional pensions”.


This article was first published in the NEW YORK TIMES under the headline The Real Reason the Investor Class Hates Pensions No issue in America today better illustrates the divergent interests of working Americans and the 1 percent than pension … Continue reading

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“The Ship has sailed” – Con Keating on the Society of Pension Professionals CDC submission


On Saturday, on Radio 4’s Money Box programme, Hugh Nolan of the Society of Pension Professionals expressed the view that the “ship had sailed” for CDC pensions, and proceeded into the tired and repetitive narrative that it is too late … Continue reading

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Are you feeling DC sick?


Joy for DB is pain for DC!   I am sure I am painting too simple a picture and that I’ll be whacked over the head by my learned colleagues, but the general jubilation breaking out over UK pension scheme … Continue reading

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