Tag Archives: EU

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

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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

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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

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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

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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

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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

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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

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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

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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

Watch out for the financial tsunami from an ageing population

The cost of an ageing population in Europe is expected to “dwarf” the impact of the current financial crisis many times over, a European Commission report reveals. Continue reading

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