Tag Archives: first actuarial

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 →

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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 →

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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 →

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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 →

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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 →

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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 →

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Let’s play nicely!

  This is a most unusual blog as it starts with an apology – an apology to John Ralfe . It is also an apology to any of the people who were offended by my early morning rant at John. … Continue reading →

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I’m leaving First Actuarial

It was kind of Kim at Professional Pensions to give my news some publicity I’m leaving First Actuarial on September 30th because I now need to spend all my time with AgeWage, which I think the most important company I have … Continue reading →

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Pensions for all -not just the public sector

Although I’m pleased that pension promises to the Firemen and Judges are to be extended to all public sector employees, I’m sorry for the millions of private sector employees now in DC savings plans whose reasonable expectations were for a … Continue reading →

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First Actuarial’s client conference in tweets

First Actuarial had its first client conference yesterday, if you weren’t there, it’s probably  because you aren’t a client. Make sure that doesn’t happen again next year! Here’s what you got/missed Hi Mark Riches introduces First Actuarial’s first client conference … Continue reading →

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