Tag Archives: dc

Con Keating asks “Does life-styling make sense?”

Posted on September 17, 2019 by

  In the course of my recent work on value for money metrics, I have come across several schemes which apply life styling to older ages and many have argued that these strategies merit a benchmark which differs from the … Continue reading →

Posted in actuaries, advice gap, dc pensions, de-risking, pensions | Tagged , , , | 9 Comments

The financing of DC

Posted on September 14, 2019 by

As anticipated (in blogging), yesterday’s article on CDC attracted some vitriol, not just from my friend Con Keating, but from the inter-web of things. The idea that a #cdc plan could smooth outcones by borrowing is a load of #bollocks … Continue reading →

Posted in age wage, CDC, pensions | Tagged , , , , , | Leave a comment

Are DC trustees worth the money?

Posted on July 15, 2019 by

  It seems churlish to take up your Monday morning with matters of pensions governance, what with the cheers at Lords, Silverstone and Wimbledon sill ringing round the country but I will! My blog yesterday set out the case for … Continue reading →

Posted in advice gap, age wage, pensions, trustee | Tagged , , , | 2 Comments

The DC Trust – a pension appendix

Posted on July 14, 2019 by

The appendix Nobody knows exactly why we have an appendix, but removing it isn’t harmful. Appendicitis typically starts with a pain in the middle of your tummy (abdomen) that may come and go. (NHS inform). I feel much the same about … Continue reading →

Posted in pensions | Tagged , , , , , | 2 Comments

First Actuarial’s client conference in tweets

Posted on May 10, 2019 by

First Actuarial had its first client conference yesterday, if you weren’t there, it’s probably  because you aren’t a client. Make sure that doesn’t happen again next year! Here’s what you got/missed Hi Mark Riches introduces First Actuarial’s first client conference … Continue reading →

Posted in First Actuarial, pensions | Tagged , , , , , , , , | Leave a comment

The curfew tolls the knell of small DC

Posted on February 6, 2019 by

I was a bit churlish in yesterday’s blog to the DWP who – on re-reading – have produced an excellent paper outlining the advantages of incorporating social purpose into the DC funds we default to. I urge you to read … Continue reading →

Posted in advice gap, dc pensions, DWP, pensions | Tagged , , , , , , | 1 Comment

The human cost of marking our pensions to the market

Posted on October 1, 2018 by

  The debate at the CSFI mid week between Norma Cohen and John Ralfe on one side and Jon Spain and Dennis Leech on the other – seems to have focussed on the economics of pensions. I’d like to widen … Continue reading →

Posted in dc pensions, pensions, Pensions Regulator, Popcorn Pensions, workplace pensions | Tagged , , , , , , , | 1 Comment

Pensions that make you want to live longer!

Posted on September 20, 2018 by

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 →

Posted in CDC, pensions | Tagged , , , , , , | 5 Comments

Can a DC plan be “in deficit”?

Posted on September 2, 2018 by

Yesterday, I fired off a message to the Pensions Regulator to put a stop on Whitbread’s sale of Costa to Coke, till restitution is made of the money owing to the low earners auto-enrolled into its net pay workplace pension. I won’t … Continue reading →

Posted in accountants, pensions | Tagged , , , , , , | 2 Comments

Fund managers that plead ignorance- display indolence.

Posted on August 21, 2018 by

    “Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds’ March year-end statements, according to Lane Clark & Peacock (LCP) research”. (Professional Pensions) Hiring an asset … Continue reading →

Posted in dc pensions, pensions | Tagged , , , , , , , , , , | 6 Comments