Tag Archives: dc

“Evolution not revolution” as important for what it omits as what it says.

My view when I started this morning’s blog #Poole #Dorset #NovemberToMember pic.twitter.com/wpLW4EIcjy — Pension Plowman (@henryhtapper) November 16, 2019  I finished reading “Evolution not revolution – five years of freedom” sensing something had been missing. That something has just come … Continue reading

Posted in age wage, dc pensions, defined ambition, defined aspiration, pensions | Tagged , , , , , , , , | 4 Comments

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

  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

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

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Are DC trustees worth the money?

  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

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

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First Actuarial’s client conference in tweets

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

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The curfew tolls the knell of small DC

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

  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!

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”?

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