Tag Archives: DB

Fairer pensions for the private sector?

Posted on March 5, 2023 by henry tapper

  One of the Minister for Pensions personal desiderata is to narrow the gap between DB and DC savers. The graph, taken from the DWP’s recent Analysis of Future Pension  Income.shows DC savers increasing while those with DB rights are … Continue reading →

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The PPF report a £400bn fall in DB assets in 2022

Posted on January 25, 2023 by henry tapper

    The PPF’s estimate suggests that 23% of the asset base of Britain’s £1.8 trillion pound funded DB pensions has evaporated during 2022. This is equivalent to 23% of the assets. What goes down, will come back up but … Continue reading →

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Neil Bull from TPR on the DB Funding Code – unmissable PlayPen event

Posted on January 13, 2023 by henry tapper

 

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Failing to manage pension risks is a failure in our consumer duty

Posted on January 9, 2023 by henry tapper

  This blog is about the communication of “risk” by pension experts to ordinary people and it follows from comments I’ve made over the weekend on the lack of communication of risks within DC schemes, especially schemes that “de-risk” their … Continue reading →

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Pensions are the poorer for Putin and Truss

Posted on January 5, 2023 by henry tapper

“From February’s Russian invasion of Ukraine to the gilt market meltdown in October, 2022 pension schemes find themselves in a much healthier position than at the start of the year”. So here’s to economic incompetence and state sponsored terror https://t.co/qtQTHDerbI … Continue reading →

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“Destination DC?” – don’t rely on Wombat airlines

Posted on January 3, 2023 by henry tapper

I’ve enjoyed this blog a long time but never found the right occasion to publish it. This being the first business day of 2023, I’m re- publishing it now (the original is on the website of the Australian Actuary). Pensions … Continue reading →

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Capturing the prize – or why you shouldn’t bet money you don’t have!

Posted on November 26, 2022 by henry tapper

    Was the  football side that beat Iran 6-2 an average team that played well or was the that drew with the USA a good team that played poorly? Our view of the England’s performance in the world cup … Continue reading →

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Assessing the wreckage – a “helicopter view” of DB pensions

Posted on October 14, 2022 by henry tapper

There have been two parallel stories running this week. The first is the story that the pensions industry wants told , a story about rising standards, impending dashboards and the acknowledgement that the majority reaching retirement in DC schemes need … Continue reading →

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‘Comply or explain’ becomes ‘comply or else’ – Keating and Clacher on DWP funding regs. (4)

Posted on September 6, 2022 by henry tapper

  This is the fourth in our series of blogs addressing the questions posed in the DWP’s Funding Regulations consultation. Links to previous blogs may be found at the end of this blog. We follow the same conventions as in … Continue reading →

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Keating and Clacher explain the threat from the proposed DWP funding regulations

Posted on August 16, 2022 by henry tapper

DB Funding Regulations  The story so far The DB Funding Code is back on the agenda following the DWP’s draft funding regulations and comments in the FT from TPR Chair, Sarah Smart. The proposals have brought a number of criticisms … Continue reading →

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