Tag Archives: FABI

FABI continues on its boring way


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

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Pension promises- “second hand not second rate”.


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

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FAB Index provides voice of reason


  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

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The £1 Trillion Gain From Dumping Pension Convention


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

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Isn’t life looking up for our DB Plans?


  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

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


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

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FAB index up despite fall in gilt yields!


  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

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The ABI goes FABI on claims!


    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

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More FAKE NEWS on pension deficits #FABI


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

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Narrowing the range of thought…


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

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