Tag Archives: dc
OBR says Gilts are in the pension graveyard – hope they’re right!
Earlier this week I blogged on the EC’s worry that pension schemes are falling out of love with owning gilts. Today, Toby Nangle, the fellow who makes macro-economics accessible to fools like me, backs up the contention that UK pension … Continue reading
What impacts DC pensions today? Strong American assets and a weak dollar!
Every day I read Robert Armstrong’s early morning email to readers interested in US markets, every so often I find one that matters to me as a UK saver for my pension. This one matters because it reminds me that … Continue reading
“Member outcomes?” what does TPR mean?
When we lived in a world of defined benefits we knew what benefits were, they were defined by the scheme and save for a few “cash-balance” schemes (which never caught on) , defined benefits are “pensions”, an income paid for … Continue reading
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
Look no LTAF! XPS delivers DC illiquids through a blended fund.
It is heartwarming to see a pension consultant designing a product for the good of savers who otherwise might get left behind. Much is made of consolidation of DC pension schemes but there is a core of smaller DC schemes … Continue reading
“Helping savers understand their pension choices” My Blueprint for Trustees.
I’m using these cold and wet weekends we’re having, not to sit alone on my boat but to write to Government my thoughts on some of their papers that come out of the Mansion House Reforms. The one I … Continue reading
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
16bn reasons why USS was saved by the discount rate
Saved by the discount rate! — Richard Disney (@RichardDisney) July 26, 2023 Richard Disney’s verdict on the state of the USS pension scheme , which as I mentioned last week, is showing that it lost £16bn of its asset base … Continue reading
Posted in pensions
Tagged Bill Galvin, dc, LDI, Pensions, Private Equity, Simon Pilcher, USS
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Trott plans to revive ambition within DB pensions.
When Laura Trott arrived in post she called up a few people who Guy Opperman had suggested to her and told them she intended to narrow the difference between DB and DC outcomes. I was one of them. Frankly, I … Continue reading
Steve Webb, fresh from the Mansion House – 10.30 today at Pension PlayPen
Steve is one of Britain’s premier pension commentators , having been Minister for Pensions during the Coalition. Now he’s a consultant for LCP and he appears on every platform from the Martin Lewis Money Show to the Work and Pensions … Continue reading
Posted in pensions
Tagged CDC, DB, dc, Jeremy Hunt, LGPS, Mansion House, pension, Steve Webb
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