Tag Archives: Funding

“Dearie me”; is the national insurance fund -“a fund”- an “accounting convention” or a fraud?

Posted on September 14, 2026 by henry tapper

This blog moves from a tax- moan about someone who could no better, to a defence of how we pay elder people from taxation. Thanks to regular commentator “Dearieme” and Derek Scott and thanks to Ben Wilkinson who got this … Continue reading →

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The LGPS has money for a pro-tem solution to funding social care.

Posted on August 25, 2026 by henry tapper

There is a lot that a Commission can do as a “think-tank” and the Social Care Commission is a supercharged think-tank which can be highly influential. But right now the crisis in the social care sector has been brought about … Continue reading →

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TPR publishes annual funding statement 2026

Posted on May 7, 2026 by henry tapper

The Pensions Regulator (TPR) has published its Annual Funding Statement 2026. It remains cautious on the risks Trustees must take into account TPR says It remains essential to recognise the potential impact of ongoing macroeconomic uncertainty on both scheme investments … Continue reading →

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Do you use AI for retirement planning and could it ever replace human advice?

Posted on February 22, 2026 by henry tapper

The FT is calling out for feedback on how people are getting on with AI in planning their retirement. I know Mary and her advanced bump so am sharing a link to her request which you can access and leave … Continue reading →

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Defined Benefit Pension Funding – Iain Clacher & Con Keating

Posted on January 14, 2025 by henry tapper

Defined Benefit Pension Funding Iain Clacher & Con Keating The article  appears in the Securities Institute Review which is the house magazine of the Chartered Institute of Securities and Investment (CISI) It is here  In a range of conference presentations, … Continue reading →

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Should Pension Schemes Ditch Gilts?

Posted on November 13, 2024 by henry tapper

Yesterday saw the implementation of the funding code, tomorrow may see it rewritten We are fast approaching the Mansion House Speech (Thursday) when we can confidently expect Government to address the issue of valuing and funding defined benefit pension schemes. … Continue reading →

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Parliament V TPR – pension funding rift grows

Posted on March 26, 2024 by henry tapper

UK pension rules risk ‘finishing off’ remaining defined-benefit plans, MPs warn https://t.co/9M2lz6c2Ky via @ft — Josephine Cumbo (@JosephineCumbo) March 26, 2024 Early birds can catch the free link to Jo’s story here . If the link’s expired, mail henry@agewage.com – … Continue reading →

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TPR look at ways to help schemes “run on”.

Posted on November 28, 2023 by henry tapper

Developments in the defined benefit alternative arrangements market 27 November 2023 / Mike Birch Protecting savers and supporting innovation are central to our work. In line with this, we are working closely with providers in the market to explore alternative defined benefit … Continue reading →

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Why buy equities? – Con Keating’s shortest blog

Posted on October 28, 2023 by henry tapper

In his presentation to the Chartered Institute of Securities and Investment conference on Risk and Uncertainty, Jon Exley made the case, eloquently and at length, for using bonds to match pension liabilities. This argument is rooted in the “Law of … Continue reading →

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DB Scheme Funding: Some Empirical Results and Consideration

Posted on May 13, 2023 by henry tapper

  We have been collecting the reported funding ratios of DB schemes since December 2022. Through this analysis we are finding some fairly large discrepancies between reported funding ratios and the widely broadcast narrative of highly significant improvements of those … Continue reading →

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