Tag Archives: de-risking
Are DB pensions benefiting from CETV de-risking?
It’s a fair question for a blogger to ask. I don’t have the answer and suspect that you’d get a different reply depending on who you asked. Here are the facts According to Hymans Robertson , The total value … Continue reading
Posted in annuity, Big Government, BSPS, pensions
Tagged de-risking, DWP, FCA, Hyman Robertson, LCP, ONS, pensions, Train crash
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“Of margins and men”. Were the City and Carillion ever friends?
Of all that is being said about the collapse of Carillon, the comment that remains with me is something said by Robin Ellison, in his capacity as in an interview with IPE. The FCA is looking at asset management companies’ … Continue reading
Posted in pensions
Tagged Carillion, covenant, de-risking, Low margins, Margins, pensions, Robin Ellison
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“Might young people do well from CDC?” – Con Keating’s thinking on investments.
In a risk-obsessed world, Con Keating observes that it’s its absence of risk-management that could be CDC’s greatest boon to the young. The new member joining a collective DC scheme is contributing marginally to a collective fund. This fund is itself … Continue reading
Posted in CDC, pensions
Tagged CDC, Con Keating, de-risking, milennials, pensins, Young People
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Paying pensioners won’t get any easier
In pensions “freedom” is the buzzword. People can have what they want- how they want it and we all know what that means! It means that down the line there is potential for administrative chaos. Payroll depends on uniform rules, the … Continue reading
Posted in Payroll, Pension Freedoms, pension playpen, pensions
Tagged CIPP, de-risking, Drawdown, Payroll, pensions, Pie, reshaping
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5 Things I want from today’s DB Green Paper
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
Posted in pensions
Tagged CDC, conditional benefits, DB Green Paper, de-risking, DWP, Green paper, guarantees, pension playpen, pensions, Richard Harrington
3 Comments
Is there really a “fail” at the Royal Mail?
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
Posted in pensions
Tagged Bonds, de-risking, FABI, Pension Advisers, pensions, Royal Mail, transfers
4 Comments
Con Keating – Damage control
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 Con Keating, DB, de-risking, defined benefit, fire fighting, investment consultants, pensions
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The risk in “de risking”
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 auto enrolment, DB, de-risking, Deficit, defined benefit, FABI, first actuarial, pensions, TPR
5 Comments
Why we don’t have health-based pension transfer values.
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
Posted in pensions
Tagged Adrian Boulding, de-risking, ETV, first actuarial, James Smith, pensions, Pie, Pie exercise, Transfer values, TV
6 Comments
Tax-subsidies on retirement advice; a waste of public funds!
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 advice, Advisor charging, de-risking, FAMR, pensions, RDR, Retirement, Tax, tax relief
4 Comments