Tag Archives: Dr Iain Clacher

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

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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

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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

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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

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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

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