Tag Archives: DB

Is Reeves condemning the “de-risking” of pensions?

There has been considerable  response to last night’s blog Field called our DB pensions “an economic miracle”….Reeves knows why. It explains how a speech including a call to reinvest pension surpluses in company and economic growth. It’s worth  reading and … Continue reading

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Pension Oldie says pensions help small companies and their staff

Pensions Oldie is considering how DB schemes, especially those sponsored by small companies in the private sector, could be of help going forward. The remarks in italics are the comment on yesterday’s blog I think the main focus of the … Continue reading

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Should Pension Schemes Ditch Gilts?

Yesterday saw the implementation of the funding code, tomorrow may see it rewritten We are fast approaching the Mansion House Speech (Thursday) when we can confidently expect Government to address the issue of valuing and funding defined benefit pension schemes. … Continue reading

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USS gives its top brass an 18% pay hike despite writing off Thames Water

  The latest report and accounts for USS are out They show how the scheme is doing under a number of measures. As Toby Nangle says on BlueSky, “this is always helpful“. When I started writing about USS , 7 … Continue reading

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Validating a proposal to pay people pensions

My very good friend Carsten Staehr has sold his interest in payroll to pursue his interest in his family, sport and alcohol (running a wine bar). Tales of Carsten are numerous and I will not rehearse the excesses that have … Continue reading

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Job done for DB schemes?

The PPF Purple book was published this week and – as expected – it told a story of corporate DB funds in aggregate surplus. Toby Nangle’s FT article beautifully illustrates just how much a fourfold increase in gilt yields makes … Continue reading

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Pension report from the banks of Loch Lomond

Yesterday we had our conference – thanks DG for your DB Strategic Investment Forum. 85 pension leaders gathered at what a jealous non-invitee tagged the “poor man’s Gleneagles”. It is the most luxurious experience of my year and as I … Continue reading

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Should the PPF become the consolidator of last resort?

I have twice blogged on the DWP consultation on DB consolidation and will continue to do so, mainly because this is a matter of importance but mainly because I suspect I will approach this rather differently from those directly involved … Continue reading

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TPR has a new mindset. Get with it or get out.

Jo Cumbo’s meeting with Nausicaa Delfas This interview  is the clearest evidence yet that there is a new mindset within TPR. Because I don’t have enough free links to offer direct access , I will share a PDF of Jo’s … Continue reading

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Industry mindset shift needed to deliver value for pension savers

12 July 2023 / Guest post from Nausicaa Delfas, CEO of the Pensions Regulator Investing for a pension is often the only and largest investment people make. Savers rely on the pension system working as hard as it can to … Continue reading

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