Tag Archives: de-risking

5 Things I want from today’s DB Green Paper

Posted on February 20, 2017 by

The DWP is due to publish its Green Paper this morning. It’s an important initiative; -our defined benefit schemes are under threat but they have the potential to do much good not just to those in them, but to those who … Continue reading →

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Is there really a “fail” at the Royal Mail?

Posted on January 6, 2017 by

  The Royal Mail is consulting with its staff on closing its final salary scheme to future accrual. This is a public consultation, the Royal Mail are putting it to their staff that an increase of pension contributions to 50% … Continue reading →

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Con Keating – Damage control

Posted on November 25, 2016 by

This blog is by Con Keating; Con Keating is head of research at Brighton Rock Group and a member of the steering committee of the financial econometrics research centre at the University of Warwick One of the favourite narratives of … Continue reading →

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

The risk in “de risking”

Posted on November 13, 2016 by

Defined benefit pensions are delicate mechanisms designed for the purpose of providing pensions for generations of employees. Decisions taken in the last twenty years first to close DB schemes to new entrants, then to future accrual to current members and … Continue reading →

Posted in accountants, advice gap, pensions | Tagged , , , , , , , , | 5 Comments

Why we don’t have health-based pension transfer values.

Posted on September 9, 2016 by

A Coleridge moment in the City I walked into a church at the bottom of Bow Street yesterday afternoon to have a cup of coffee. Slumped over his laptop, deep in thought, I saw a friend… He awoke from a statistical revery and stared … Continue reading →

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Tax-subsidies on retirement advice; a waste of public funds!

Posted on September 5, 2016 by

The Government intends to extend tax breaks on pensions to allow those with pension pots to use them to pay for advice. The details are in this consultation document. The fundamental premise is that taking financial advice on retirement matters … Continue reading →

Posted in advice gap, consultant, dc pensions, de-risking, defined ambition, pensions | Tagged , , , , , , , , | 4 Comments

A little bit of anarchy does you good

Posted on August 21, 2016 by

I’m grateful to my Swedish friend Per Andelius for finding this. Provenance has kindly been provided by readers (see comments). In game theory, the “price of anarchy” describes how individuals acting in their own self-interest within a larger system tend … Continue reading →

Posted in auto-enrolment, pensions | Tagged , , , , , , , , , , , | 4 Comments

All at sea! TPR’s “Trafalgar” for maritime and offshore workers.

Posted on January 13, 2016 by

Well done Lesley Titcombe and hurrah for our best naval victory since Trafalgar! Continue reading →

Posted in auto-enrolment, now | Tagged , , , , , , , , , , , , , , , , , , , | 2 Comments

Making the most of the £20bn small employers spend on DB – Guest blog from Hilary Salt

Posted on September 20, 2015 by

A simple shift in communications could ensure the £20bn employers spend on DB each year isn’t wasted Over the last decade we’ve seen the long march of defined benefit (DB) pension schemes from the sunny beaches of open schemes run by … Continue reading →

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Is increasing complexity making pension saving harder ? – guest blog by Ralph Frank.

Posted on August 12, 2015 by

The most conclusive finding of a recent survey by PwC into pensions taxation was not even related to the respondents’ views on the central question of the survey (namely, the most appealing tax scenario for their pension)! Sixty percent of … Continue reading →

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