Tag Archives: de-risking

Will technology save lifestyle?

No sooner have I published a blog announcing that AgeWage is embarking on research on how lifestyle has actually done, than I read a post in Professional Pensions from Julius Pursaill explaining how a master trust he advises is going … Continue reading

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

Has lifestyling worked? Who knows?

Who knows! Lifestyling – (sometimes called “life-cycling”) in DC pensions means adjusting the asset allocation of a pension pot to meet changing circumstances as people prepare to crystallise their pension pot(s). A crystallisation is a transaction which sees an encashment … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , | 8 Comments

“The best use of our resources”

  This article is from Dave Brooks ( @pensionsdave) ,Technical Director at Broadstone. It was originally published here. It is a good contribution to the debate which has raged on this blog.  The trickiest balancing act that The Pensions Regulator … Continue reading

Posted in pensions | Tagged , , , , , , | 1 Comment

DB transfers;- we understand the crime – but not the causes of crime.

    The FCA has published the second of its analyses of the DB transfer market which shows how the trend to “de-risk” DB liabilities by buying out liabilities through CETVs  has continued apace. This article argues that – blameworthy … Continue reading

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

Time to put a stop to the pseudo-science of life-styling

For 25 years, “life-styling” has been the accepted wisdom for defined contribution pension schemes in the UK. Pension experts now use the phrase without thought to the confusion of a public for whom lifestyle means something altogether different from the … Continue reading

Posted in pensions | Tagged , , , | 1 Comment

Are John and Norma right – are we facing the end of mass-retirement?

@JosephineCumbo could you pls explain why “open” DB schemes are less risky than closed schemes, and should therefore be subject to weaker funding requirements? “Josephine Cumbo: Open and closed case @@corpadviser https://t.co/u3loRiZxB6 — John Ralfe (@JohnRalfe1) October 30, 2020 The … Continue reading

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

Who pays for us doing nothing? Pension schemes and the poor!

Crikey, that’s some chart. But, what does it mean for future of credit etc? 1. Those who are attractive to lend to don’t need or want credit 2. Those who need credit most are not attractive to lend to. This … Continue reading

Posted in advice gap, age wage, de-risking | Tagged , , , , , , | Leave a comment

Have DB pensions dodged the Beeching bullet?

When the Pensions Regulator launched its DB funding consultation earlier in the year, I thought it a “slam dunk”.  Back then it was already clear the world was in the grip of a pandemic and the paper presaged what was … Continue reading

Posted in de-risking, First Actuarial, pensions | Tagged , , , , , , | 2 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

LEBC – the demise of “de-risking”?

Yesterday LEBC  resigned its permissions to offer regulated advice on the transfer of safeguarded rights within a pension scheme (DB transfers). It also decided to stop advising on Flexible Retirement Options such as Pension Increase Exchange and Enhanced Transfer Values.  … Continue reading

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