Tag Archives: first actuarial
Shouldn’t Pension Schemes CREATE jobs? #CIPD
News that ballooning pension deficits are hitting profits and leading to hiring freezes is both unwelcome and unacceptable. Pension schemes should be benefiting UK businesses, enabling them to retire those becoming less productive and hire the best new talent. But … Continue reading
Posted in accountants, actuaries, advice gap, pensions
Tagged CIPD, Deficits, defined benefits, FABI, first actuarial, ft, jobs, Kevin Wesbroom, la-la thinking, pensioners, pensions, Ros Altmann
6 Comments
Strange ideas – Con Keating debunks pension’s received wisdom
A number of extremely strange beliefs have emerged in the course of correspondence arising from earlier articles that introduced methods for the evaluation of pension liabilities which do not invoke any external factor. Take the idea of using market prices … Continue reading
Posted in accountants, actuaries, happiness, pensions
Tagged Accrual, Con Keating, FABI, first actuarial, Mercer, pension retulator, pensions, PPF7800
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The risk in “de risking”
Defined benefit pensions are delicate mechanisms designed for the purpose of providing pensions for generations of employees. Decisions taken in the last twenty years first to close DB schemes to new entrants, then to future accrual to current members and … Continue reading
Posted in accountants, advice gap, pensions
Tagged auto enrolment, DB, de-risking, Deficit, defined benefit, FABI, first actuarial, pensions, TPR
5 Comments
The value of your pension and the value of your house (Professor Mike Otsuka)
Professor Mike Otsuka, teaches at the LSE , he’s written about First Actuarial’s approach to valuing pensions in this blog, the original of which you can find here. People understand houses and know that it’s only when you come to … Continue reading
Posted in pensions
Tagged Buy-to-let, Fab Index, FABI, first actuarial, LSE, Mike Osuka, USS
4 Comments
“It’s not what you’re saying, it’s what we’re hearing”. DB needs clearer messaging.
I hate falling out with old friends so I wasn’t happy when Raj Mody phoned me and told me that I’d pissed him off. Well he put it more mildly than that but when an actuary says he’s disappointed, you … Continue reading
How mean is my valley? Why have we given up on pension prosperity?
Britain is one of the great economic powerhouses of the world. We are a strong nation that should be most confident in ourselves and our capacity to manage our own future. In the past few days we have seen … Continue reading
Posted in pensions
Tagged Blog, DB, defined benefit, FABI, first actuarial, Funding, Green paper, pensions, PLSA
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Long term sustainability of DB schemes (First Actuarial bulletin)
First Actuarial publish bulletins helping staff, clients and the wider markets to understand what’s going on. This is the 31st October bulletin. If you’d like to subscribe to this bulletin we will put you on our mailing list – please … Continue reading
Posted in actuaries, pensions
Tagged DB, defined benefits, first actuarial, Pension Freedoms, Pension increases, PLSA, Technology
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Was BHS a blessing?
At a rowdy debate at yesterday’s Battle of Ideas, my colleague Hilary Salt stoked the fires by claimed the fall of BHS was a milestone to improving British productivity. Nobody expressed disagreement – despite it being packed with left-wing thinkers. … Continue reading
Posted in pensions
Tagged BHS, blockchain, Brexit, ethical, ethics, first actuarial, governance, Hilary Salt, Merryn Somerset Webb, pensions, Productivy, Technology
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Pensions for real – Even DC pensions!
All week we have been discussing how best to manage and measure Britain’s “pension deficits”. The FAB index which First Actuarial introduced last weekend has made quite an impression. My friend Rob Hammond will be on MoneyBox tomorrow lunchtime ; … Continue reading
Posted in pensions
Tagged Con Keating, Fab Index, FABI, first actuarial, Moneybox, Nigel Wilson, pensions, real assets
2 Comments
“Why do we see pensions like that?” Assumptions behind the FAB Index
This week we published the FAB index (FABI) which shows the way we see the state of this nation’s defined benefit pensions. “We” means First Actuarial, I work for First Actuarial. We want to paint a picture of the pensions … Continue reading
Posted in Bankers, pensions
Tagged actuaries, assumptions, FABI, first actuarial, gilts plus, jobs, pensions, valuations
10 Comments