Tag Archives: FABI

First Actuarial warns on knee-jerk reactions to the interest rate rise


With the Bank of England doubling interest rates, First Actuarial predicts a flurry of good and bad pension headlines, but warns of misguided optimism on funding and a rush for the door fuelled by pessimism about transfer values. Good news … Continue reading

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First Actuarial- proud to work for you!


  I had a nice surprise over breakfast; whizzing through my emails I found that while I’ve gone on holiday, they’ve issued a FAB press release! 50:50 claim by PLSA is “dangerously misleading” says First Actuarial First Actuarial chastises the … Continue reading

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Deficit – what deficit?


  “Deficit – What deficit?” asks First Actuarial as the FAB Index climbs for the third month in a row     First Actuarial’s Best estimate (FAB) Index improved for the third month in a row, showing a month-end surplus … Continue reading

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First Actuarial – “scaremongering on solvency is driving people to cash-out their DB pensions.”


  In a week when we learned pension freedom withdrawals hit a record £1.9bn, First Actuarial warns advisers’ exaggerated concerns about the ongoing viability of defined benefit (DB) schemes is contributing to the recent surge in people cashing out. A … Continue reading

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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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