Tag Archives: FABI

FABI continues on its boring way

Posted on June 23, 2017 by

First Actuarial’s Best estimate (FAB) Index improved in May, showing a month-end surplus of £295bn across the 6,000 UK defined benefit schemes. Whilst it might not grab the headlines, the FAB Index provides the voice of reason in demonstrating that … Continue reading →

Posted in pensions | Tagged , | Leave a comment

Pension promises- “second hand not second rate”.

Posted on June 22, 2017 by

There’s an old Elvis Costello song (Senior Service) which talks about the DWP They took me in the office and they told me very carefully The way that I could benefit from death and disability I thought of it as … Continue reading →

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

FAB Index provides voice of reason

Posted on May 18, 2017 by

  FAB Index provides voice of reason amid wild speculation on future life expectancy First Actuarial’s Best estimate (FAB) Index remained relatively stable in April, showing a month-end surplus of £287bn across the 6,000 UK defined benefit schemes. The FAB … Continue reading →

Posted in pensions | Tagged , , , | Leave a comment

The £1 Trillion Gain From Dumping Pension Convention

Posted on May 9, 2017 by

You wait ages for one to come along then two come along at once. Not buses, but reports disrupting established thinking on how we value pension liabilities. Nikesh Patel, Head of Investment Strategy UK & Maya Beyhan, Investment Strategist at Kempen Capital … Continue reading →

Posted in pensions | Tagged , , , , , , , , | 5 Comments

Isn’t life looking up for our DB Plans?

Posted on May 4, 2017 by

  Say it quietly but the outlook for our defined benefit pension schemes is improving. Members , trustees and sponsoring employers can be heartened by five concurrent signals – all of which suggest that the cataclysm predicted last year by … Continue reading →

Posted in pensions | Tagged , , , , , , , | 5 Comments

FAB index continues to climb (and has some good news for Tata Steel!) #FABI

Posted on April 24, 2017 by

First Actuarial’s Best estimate (FAB) Index improved again in March showing a surplus of £294bn across the 6,000 UK defined benefit schemes. This continues to buck the trend with the PPF 7800 index falling for the third month in a … Continue reading →

Posted in pensions | Tagged , , , , , | Leave a comment

FAB index up despite fall in gilt yields!

Posted on March 20, 2017 by

  In contrast to the PPF 7800 index and other commentators’ indices, First Actuarial’s Best estimate (FAB) Index improved in February to a surplus of £288bn across the 6,000 UK defined benefit schemes. This was despite a sharp fall in … Continue reading →

Posted in pensions | Tagged , , , , , | Leave a comment

The ABI goes FABI on claims!

Posted on March 20, 2017 by

    Readers of this blog listening to the ABI’s Huw Evans on Wake up to Money, may have been spluttering into their tea and biscuits! The ABI are faced with a cut in the discount rate used to calculate compensation … Continue reading →

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

More FAKE NEWS on pension deficits #FABI

Posted on February 22, 2017 by

The Government’s just published its green paper ‘Security and Sustainability in Defined Benefit Pension Schemes’. It’s already generated knee-jerk headlines claiming 11m employees could see their pensions cut. The green paper refers to “under-funded schemes” and “stressed employers”, but can’t … Continue reading →

Posted in pensions | Tagged , , , , , , , , | 5 Comments

Narrowing the range of thought…

Posted on February 11, 2017 by

I get back from a few days in the North East to this headline in Corporate Adviser First Actuarial versus the world: DB’s glass half full or half empty? (you can read the article on the link at the bottom) … Continue reading →

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