here’s what you’ve been saying
Tag Archives: Dr Iain Clacher
LDI – open to legal challenge? Keating and Clacher ask awkward questions.
The authors of this blog are Iain Clacher & Con Keating The purpose of a UK defined benefit tax approved pension scheme trust will be set out expressly in the terms of the trust deed (or can be deduced … Continue reading
Posted in pensions
Tagged borrowing, challenge, Con Keating, Dr Iain Clacher, gearing, LDI, leverage, Pensions
3 Comments
Keating and Clacher debunk LDI
Risk and DB Pension Scheme Funding Iain Clacher & Con Keating If only that Dilbert cartoon had been published fifteen or twenty years ago, we might have seen very different outcomes from the rise of ‘de-risking’ strategies, liability driven investment … Continue reading
Posted in pensions
Tagged Con Keating, DB funding, de-risking, Dilbert, Dr Iain Clacher, LDI
3 Comments
Follow the data and defend the charge cap – Clacher and Keating
Today’s blog is the continuation of yesterday’s introduction to problems with the proposed exemption of the charge cap. Your authors are Con Keating and Iain Clacher. We responded to the earlier consultation on illiquid private ‘market’ investments and performance fees. … Continue reading
CDC and Statutory Risk Management
The new regulations which enable CDC schemes require an annual viability statement to be prepared. Of necessity, it must be a forward-looking document, and that means that it will in part be reliant on the actuary’s/trustees’ estimates of the future … Continue reading
A major contribution to the practice of funding pensions
Despite most of us saving into defined contribution retirement plans which provide no pension and rely entirely on investments and contributions for their outcomes, the defined benefit plan remains the source of most retirement income for the UK. Most defined … Continue reading
With Friends Like These, Who Needs Enemies? The DB Funding Code: An Existential Threat to Open DB Scheme
We have been asked what impact the Funding Code would have on open schemes by a number of correspondents. This blog illustrates why the new funding code is the biggest risk that open scheme members face . Simply put, … Continue reading
Posted in actuaries, advice gap, age wage
Tagged Con Keating, DB Funding Code, Dr Iain Clacher, open pensions, Pension Schemes Bill, Pensions
Leave a comment
A sense of proportion; (Keating and Clacher on insolvencies and the PPF)
In this article, Keating and Clacher consider corporate insolvencies and their impact on the PPF – they call for a sense of proportion. Last year DB pension schemes paid £65 billion in pension benefits to pensioners; the PPF paid £775 … Continue reading
Posted in actuaries, advice gap
Tagged Clacher, DB pensins, Dr Iain Clacher, Insolvency, Keating, Pensions, ppf
1 Comment
How much does auto-enrolment cost?
The new living wage will make auto-enrolment more expensive If you are a small company, one of the unexpected items you’re going to have to add into your financial plan for the next three years is the additional cost of … Continue reading
Posted in actuaries, auto-enrolment
Tagged academic research, auto enrolment, CBS, costs, Dr Iain Clacher, pensions, pensionsync
Leave a comment
