Tag Archives: Economics

Nuts traced as market collapses – @ #ppshow

£64bn fell off the shares of the London stock market today. Meanwhile we were holed up in the Excel Centre, listening to the views of the great and the good.. Here are my good buddies Colin Wilson and David Harris. It … Continue reading

Posted in corporate governance, de-risking, pension playpen | Tagged , , , , , , , , , , , , , , , , , , , | 2 Comments

None of my business

I went to a meeting last week at the end of which the pension manager I was speaking with asked “I can see why this matters but why are you bothering?”. A very sensible question as it happened since the commercial … Continue reading

Posted in annuity, dc pensions, de-risking, pension playpen, pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , | 7 Comments

A pound spent on pension’s as good as salary – the new golden rule

I published a blog recently on the need for the DWP to take notice of the real concerns of the ASA. It got some  really interesting comments made on various sites mainly opposing the ACA’s pessimism. Interestingly the pessimism of the actuaries mirrors … Continue reading

Posted in annuity, corporate governance, dc pensions, Fiduciary Management, pension playpen, pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , , | 4 Comments

IFEs not IFAs

If you’ve followed my posts over the past few days, you’ll l know I’ve referred to a debate between advisers, insurers, pension managers and trustees which started out discussing the ethics of incentivizing  enhanced transfer values and has moved toi discussing how and when advice … Continue reading

Posted in annuity, corporate governance, dc pensions, de-risking, EU Solvency II, Liability Driven Investment, pensions, Retail Distribution Review, Retirement, Treasury | Tagged , , , , , , , , , , , , , , , , , , , , , , | 18 Comments

The right to screw up your pension

There’s a place in Iceland where the American and European tectonic plates grind together like two sets of molars. At Thingvellir you can smell the sulphur emitting from the fissures where the plates grind and you can peer into the unfathomable … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , , , , , , | 15 Comments

That ETV debate in full

Sometimes people’s comments on blogs are more interesting than the blog itself- this is certainly the case in a blog I wrote last week on “Enhanced Transfer Values” the thrust of which is that there are better ways to de-rsik defined benefit pension plans than by giving members cash bungs to transfer out theirguaranteed rights.
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Posted in annuity, dc pensions, de-risking, pension playpen | Tagged , , , , , , , , , , , , , , , , , , | 11 Comments

Pooh Eeyore and Owl retire

“it’s not that bad – we’re only in a children’s story and there are lots of people who have made our mistakes who live in the real world beyond the edge of the Hundred Acre Wood.”

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Posted in corporate governance, dc pensions, pension playpen, pensions, Retirement | Tagged , , , , , , , , , , , , , , , , | 1 Comment

Unavoidable, necessary and futile – the fight for public sector pensions

Because the unions only speak for those they define as their own – they do not speak for me – nor I for them. Continue reading

Posted in dc pensions, Liberal Democrats, NEST, Nick Clegg, pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Kids stuff – what HR and Pension people can learn from Generation C

We will be competing for their interest with a whole bunch of others trying to get some space on their cloud. Continue reading

Posted in dc pensions, de-risking, pension playpen, pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , , , , | 9 Comments

“You’re on your own in retirement” claims blue-blood at Pension Play Pen lunch.

Dick Strattan gives collective DC a kick in the nuts.
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Posted in annuity, NEST, pension playpen | Tagged , , , , , , , , , , , , , , , | 4 Comments