Tag Archives: GAD

Actuaries – many ears here to listen!


I am glad that I had a go at the actuarial experts arguing in the FT.  It didn’t change the way  people behaved yesterday – (although several hundred people appear to have spent time reading it) – but  it solicited … Continue reading

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A pensions dashboard brings its own risk.


A need for pension I am keen not to pour cold water on the pensions dashboard, but I am not having it promoted as the game-changer to savings behaviour. The pensions dashboard is what Martin Clarke, the Government Actuary, refers to … Continue reading

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Andy Young OBE


Andy Young – an outstanding actuary! One of the less sung OBE’s awarded in this year’s honours was to Andrew Young. Andrew is a friend of mine and a friend to this blog. I am not sure that is this … Continue reading

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GAD shows you can’t take “company” out of “company pensions” #TATA


So the mysterious volte face by the Government over the Tata Steel pensions rescue package is a mystery no more. The FT, led by super-snooper Jo Cumbo have unearthed the GAD submission to the DWP consultation on solutions to the … Continue reading

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“10 years too early, 10 years too late” – CDC stands on on an empty platform


Nearly eight years ago, the Government Actuary ‘s Department produced  a paper that effectively killed CDC. It argued that CDC could not be relied upon to deliver benefits with the same certainty as our DB system and that there was no … Continue reading

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When you’re 64… buy the state pension! (girls buy even earlier!)


  I chaired and spoke at a number of retirement income seminars last month – you may have been at one. While I was encouraged by the engagement and education of the audience in financial products, I was frustrated by the scope … Continue reading

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In defence of genius.


Genius is not just misunderstood – it is persecuted. Those who didn’t get Copernicus, Galileo, Wordsworth or Darwin did not ignore these genius’, they set out to do them in. Bob Dylan when he laid out his Highway 61 album … Continue reading

Posted in actuaries, advice gap, CDC, David Pitt-Watson, dc pensions, pension playpen, pensions, Pensions Regulator | Tagged , , , , , , , , , , , , , , , , , | 1 Comment

Andrew Young – 65 not out – a pensions legend!


  Andrew Young is the Pension Regulator’s Strategy Director, he is the go to guy in UK pensions if you want to understand the implications of Government Policy. He has been a mentor to me since I first met him … Continue reading

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