Tag Archives: ft

Macron wins his pension battle – can we win ours?

    Last night , Emmanuel Macron won his vote – just. He survived two no-confidence votes.The no-confidence motion filed by a small group called Liot garnered support from 278 members of parliament in the National Assembly, falling short by … Continue reading

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Vive la differance – Britain and France’s approaches to state pension reform

“To finance our [pensions] system, which is among the most generous in the world, we must progressively ask those who can to work more” Vive la France, vive la réalité économique. https://t.co/cozeSGgEEQ — Mike Harrison (@HigherEdActuary) March 20, 2023 This … Continue reading

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What’s gone on at Pensions Expert?

For the past few years I have become increasingly fond of the pioneering and informed form of pensions journalism I’ve been reading in Pensions Expert. If I go to the Pensions Expert website I can still see the journalistic team … Continue reading

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Employer pension theft on the rise.

NEW: Employers confronted over missing #pension contributions https://t.co/N77bt8hQFT — Josephine Cumbo (@JosephineCumbo) January 20, 2023 I wish the FT would make this article free to view, it has become a preoccupation of its author and other than Ros Altmann, whose … Continue reading

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2022 – the FT’s pension journalism – “unbroken”!

Now the year is over, night is drawing nigh, yet more consultations, drift across the sky! One of the brightest thing to happen in a dark year, has been the development of outstanding pension journalism within the FT. I don’t … Continue reading

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Is LDI fundamentally unsuitable to small DB schemes?

  Evan Guppy runs a multi-billion pound leveraged LDI program for the Pension Protection Fund. The collateral calls it met over the September/October crisis involved posting £1.5bn in cash and gilts For the first time before during or after the … Continue reading

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The Funded Pension System – as an engine of economic growth – has hit the buffers.

  In a major article , labelled an FT “big read, Jo Cumbo and Jonathan Ely , examine the LDI crisis and try to establish how pension schemes will change the way they invest. In its central session it contains … Continue reading

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Waking up to systemic risk signalled by the LDI crisis.

It’s estimated that the “leverage” or borrowing within LDI inflated the exposure of UK pensions to long dated and index linked gilts by £1tr (£500bn became £1.5 trillion through the use of shadow banking). These numbers are so huge that … Continue reading

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“Rewrite the rules of the UK private pension system” – David Pitt Watson

Below is an article first  published in the FT and written by David Pitt-Watson with the assistance of Hari Mann. David and Hari set up and Chair the RSA’s CDC Forum. Published at the request of the authors.    

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Pension Expert’s raising the bar with its young diverse team.

 Pensions Expert is going through a remarkable resurgence under the editorship of Maria Espadinha  Deputy Editor Alex Janiaud  and Senior Reporter Ben Mercer. Add to that line-up FT intern Calum Kapoor who is publishing articles that he’s researching that don’t … Continue reading

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