Tag Archives: Funding

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 →

Posted in pensions | Tagged , , , | 9 Comments

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 →

Posted in pensions | Tagged , , , , | 3 Comments

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 →

Posted in pensions | Tagged , , , , | 6 Comments

LDI – “Blood on the Tracks”

Posted on September 28, 2022 by henry tapper

Well, I wanna be your lover, babyI don’t wanna be your bossDon’t say I never warned youWhen your train gets lost Bob Dylan “It takes a lot to laugh, it takes a train to cry” This article is about the … Continue reading →

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“The theoretical and analytical basis for the DWP’s funding regulations are not fit for purpose”.

Posted on September 1, 2022 by henry tapper

This is the third in our series of blogs addressing the questions posed in the DWP’s Funding Regulations consultation. The previous blogs may be seen firstly here and secondly here. We follow the same conventions as in previous blogs. Industry … Continue reading →

Posted in pensions | Tagged , , , , , , , | 1 Comment

Con Keating and Iain Clacher appalled by DWP’s proposed Funding Regulations

Posted on August 10, 2022 by henry tapper

This is the first in a series of blogs covering our responses to the questions posed in the Funding Regulations consultation paper, which closes on October 17, 2022. As there are 25 questions and we wish to keep our blogs … Continue reading →

Posted in pensions | Tagged , , , , | 7 Comments

The Killing of Open Schemes – Michael Bromwich

Posted on August 5, 2020 by henry tapper

  Michael Bromwich has been the CIMA Professor of Financial Accounting  at the  LSE since October 1985  . He is the co-author of “Management accounting in a digital and global economy” and one of Britain’s authorities on the subject. His … Continue reading →

Posted in Bankers, pensions, Pensions Regulator | Tagged , , , , , , , | 3 Comments

AgeWage is closing its investment round (but you’ve still got a week to invest)

Posted on May 18, 2019 by henry tapper

http://www.seedrs.com/agewage We’ll be closing our investment round with Seedrs on Friday 24th May. As I write, that gives readers a week to invest. You invest by clicking the link above, if you want to invest more than £5,000, drop henry@agewage.com … Continue reading →

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With “good risk” , we can push the sky away.

Posted on June 4, 2018 by henry tapper

    This from City AM’s Josh Mines The pension deficit of the UK’s 350 largest companies tumbled by a huge £16bn over the course of May, figures out today have shown. In just one month, the FTSE 350 pension … Continue reading →

Posted in actuaries, pensions | Tagged , , , , , , , | 1 Comment