Tag Archives: EU

Who’ll benefit from easing insurer’s capital requirements?

NEW: UK Govt says it’s “committed” to ensuring the insurance regime remains a “safe home” for people’s pensions. but also that UK insurers “remain internationally competitive”. Govt was responding to a written question on the impact of Solvency2 reforms.https://t.co/FuwkoouYOR — … Continue reading

Posted in pensions | Tagged , , , , , | 1 Comment

NEST’s dirty laundry on the line!

  Thanks to First Actuarial for producing this chart for this blog. Here’s how to read In 2010 when NEST opened , it had no assets – it  had quite a lot of debt (£134m* from setting up days as … Continue reading

Posted in auto-enrolment, NEST, pensions | Tagged , , , , , , , , | Leave a comment

An Apple a day, 700 reasons not to stay!

General angst, everywhere but here! There are a lot of people getting very angry about the EU’s determination that Apple should be paying Euro 13bn in tax to the Irish Government. Apple aren’t happy at the prospect of corporate profits … Continue reading

Posted in pensions | Tagged , , , , , , , , , , | 4 Comments

BREXIT – big business hysteria has to stop – Stephen Kelly – Sage.

  The tale of Chicken Little was a Kelly bedtime story favourite – and in recent days in post-referendum Britain, some of our leaders seem to have taken a lead from the famous farmyard fable. In the story, Chicken Little … Continue reading

Posted in pensions | Tagged , , , , , , , | 2 Comments

Meditation XVII – John Donne (PJ Harvey)

Well done PJ Harvey for reading this out at Glastonbury. PERCHANCE he for whom this bell tolls may be so ill, as that he knows not it tolls for him; and perchance I may think myself so much better than … Continue reading

Posted in pensions | Tagged , , , , , | 1 Comment

The Coalition worked- this doesn’t!

A tale of two Governments In 2010, after a shock result, Britain found itself Governed by a ConLib coalition. No one gave it much chance of working but it di, The Clegg/Cameron coalition brought considerable benefit to the country and … Continue reading

Posted in pensions | Tagged , , , , , , , , | 9 Comments

Please vote – out of respect.

If you read no other article this weekend, read this by the Fleet Street Fox. It says what I was trying to say in an amateurish way yesterday, it talks of Jo Cox’s death as a wake-up call to those of … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , | 1 Comment

Boris has spoken…

    At around 4.45 on a windy Sunday afternoon, Boris shuffled onto a London pavement and delivered the news that he was supporting Brexit and joining Vote Leave. If you haven’t seen the clip (on the Sky news twitter … Continue reading

Posted in pensions | Tagged , , , , , , | 3 Comments

St Rumwold – we need another miracle!

The patron Saint of Cann and Melbury Abbas is St Rumbold (Rumwold), a curious Saint who only lived 3 days , dying after delivering a sermon on the Trinity while barely out of the womb. His memory was besmirched by fraudulent … Continue reading

Posted in Blogging, journalism, London | Tagged , , , , , , , , , , , , , , , , , , | 1 Comment

Scheme liabilities- Rest in Peace

The old adage that if the Equitable Life was a pension scheme it would still be trading today can be reversed. If most pension schemes were regulated as life insurance companies are today they would not be in business. Which is why we must be very worried indeed about threats to the buy-out market and very worried for our DC members about the impact on the cost of annuity purchase. Continue reading

Posted in EU Solvency II, Fiduciary Management, Liability Driven Investment, pensions, Retirement, Treasury | Tagged , , , , , , , , , , , , , , , , , , , , | 1 Comment