Tag Archives: first actuarial
USS valuation methodology changes agreed – with more to do
Jo Grady, General Secretary of the The University and College Union (UCU) has this to say of recent developments at USS Since 2023, UCU has been engaged with Universities Superannuation Scheme (USS) and the Universities and Colleges Employers Association (UCEA) … Continue reading
Playing a tiny violin badly for First Actuarial?
I am not sure what this little video or a badly played under-sized violin is saying? Is it ironic or simply inept? Gallagher is an insurance brokerage rather like Aon and Marsh Mac and Howden and Willis Towers Watson which … Continue reading
How one actuarial consultancy is protecting “advice” and advisors.
This morning we will be having a different kind of Pension PlayPen coffee morning. Sarah Abraham of First Actuarial will be talking about the threat facing the advice industry from perceived mis-selling of pension transfers during the second half of … Continue reading
Preparing for the FCA’s “nuclear bomb” on transfers.
February 20, 2024 10:30 am London At our next event Sarah Abraham, head of Pension Redress Services, at First Actuarial will be talking about why IFA’s should plan for pensions transfer redress. With the British Steel pension redress scheme still … Continue reading
Pot for Life – when an employer bit off more than it could chew
I enjoy First Actuarial bulletins. This one’s so pithy it speaks for itself. We are light years away from pot for life and – as this case study shows, it’s not just payroll who’ll have problems! First Bulletin – … Continue reading
Derek Benstead provides a fresh view on collective pensions this morning at 10.30am
Pension PlayPen Coffee Morning 10.30 am Tuesday 4th July Fresh from his visit to Parliament to explain to the Work and Pensions Committee why open DB schemes have a future (along with CDC) , he’s now joining us for … Continue reading
Derek Benstead, DB by name – collective by nature! PP Coffee Morning – July 4th
Pension PlayPen Coffee Morning 10.30 am Tuesday 4th July Fresh from his visit to Parliament to explain to the Work and Pensions Committee why open DB schemes have a future (along with CDC) , he’s now joining us for … Continue reading
Has it really come up roses for UK’s private sector DB schemes?
The rosier funding position for UK private sector DB schemes marks a massive shift from 2019, when there were 3,089 schemes in deficit and 2,361 schemes in surplus, according to the PPF index. — Josephine Cumbo (@JosephineCumbo) May 9, 2023 … Continue reading
Why “the anti-growth alliance” is a nonsense.
One of the moments that made my mind up about my politics was standing in a hall listening to the Tom Robinson Band singing “better decide which side you’re on”. It contains the lyric If left is right then right … Continue reading
CDC – a new type of pension provision coming to the UK
On Wednesday (October 8th), CDC will be debated in the house of commons and with a fair wind, legislation enabling employers and multi-employer master trusts to provide DB like benefits for defined contributions will be enacted by the end of … Continue reading