Tag Archives: de-risking
Just- Defined Benefit Solutions – Andy Smith’s update for 2026
Just may not be in the bonanza for ever, but that does not mean they will suffer! Just’s story reminds me of the huge take on of DB transfer business in the later years of quantitative easing when low yields … Continue reading
A wake up and a shake up for advisers and trustees in their “end game”
Two amendments are going through the House of Lords, framed by Baroness Altmann of Tottenham. I am proud to have played a part in this work but recognise the bulk of the momentum has been created by Stagecoach’s DB Pension, … Continue reading
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Tagged Business, Business and Economy, CDC, corporate risk, DB, dc, de-risking, Defined benefit pension plan, DWP, Pensions, Retirement, Ros Altmann, TPR, VFM, workplace Pensions
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The scandal of our “DB capitulation” to “de-risking”.
Meg Baynes’ piece in the Times which I featured on this blog is beginning to get some traction around the world Astounding. I think because investment literacy is so low in the UK and saving-via-homebuying is so embedded, people don’t … Continue reading
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Tagged British Airways, BT, CDC, de-risking, LDI, Pensions, returns, Shell, USS
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A concrete proposal to Run on 4 Good.
I have had a PDF in my inbox for some time and I finally got to read it this morning. It’s from William McGrath, who many will know is a former CEO of Aga and someone who thinks a lot … Continue reading
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Tagged AgeWage, Business, CDC, de-risking, Defined benefit pension plan, DWP, Government, National Employment Savings Trust
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Is Reeves condemning the “de-risking” of pensions?
There has been considerable response to last night’s blog Field called our DB pensions “an economic miracle”….Reeves knows why. It explains how a speech including a call to reinvest pension surpluses in company and economic growth. It’s worth reading and … Continue reading
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Tagged annuity, Business and Economy, corporate governance, corporate risk, DB, de-risking, Defined benefit pension plan, pension, Pension Regulator, Pensions, TPR, Treasury
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Putting the FIS back into pension schemes
This is a blog inspired by a snip from First Actuarial’s briefing to trustees and sponsors of their DB clients. For many years trustees have had to focus on a prudent funding plan based on the scheme valuation at … Continue reading
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Tagged Business, corporate governance, corporate risk, de-risking, DWP, Investment, pension, Pension new, Pensions, Retirement, workplace Pensions
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Validating a proposal to pay people pensions
My very good friend Carsten Staehr has sold his interest in payroll to pursue his interest in his family, sport and alcohol (running a wine bar). Tales of Carsten are numerous and I will not rehearse the excesses that have … Continue reading
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Tagged AgeWage, Business, Con Keating, corporate governance, DB, dc pensions, de-risking, Government, NEST, pension, Pension new, pension playpen, Pensions, Retirement, Steve Webb
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Lifestyling the symptom not the cause of DC pension problems
The FT’s headline and accompanying article touches the symptom not the cause of the problem facing DC savers. In more technical language, Lex explains Mature savers who were shunted into bonds at record-high prices may now find their lifestyle fund … Continue reading
Vested interests and the state pension
It’s depressing to wake up this morning , the weekend after the end of Pension Awareness Week, to find awareness of the value of the state pension is well – weak! In this blog I put forward three views of … Continue reading
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Tagged auto enrolment, de-risking, Defined benefit pension plan, Pension Credit, Pensions, Ponzi, state pension
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The real cost of de-risking ; Keating and Clacher’s submission to parliament
This is Con Keating’s and Iain Clacher’s submission to the Work and Pensions Committe’s call for evidence on “Defined benefit pensions with Liability Driven Investments”. Written in March of this year, it represents an important perspective on the subject that … Continue reading
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Tagged Con Keating, de-risking, DWP, Iain Clacher, LDI, TPR, Work and Pensions Committee
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