Tag Archives: gilts

In the eye of the storm

Posted on October 8, 2022 by henry tapper

Over the past few days, while the  Bank of England intervention in the Long Dated Gilts “Repo” market has been in operation, there has been an insidious increase in the long dated gilt yield. I have been quoting previously the … Continue reading →

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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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Green Gilts and the Greenium: Value for money, virtue signalling or breach of trust?

Posted on July 8, 2021 by henry tapper

  On 28th May, 2021 the UK Debt Management Office issued a press release which said: “HM Treasury will publish the government’s green financing framework on Wednesday 30 June 2021 and it is planned that the inaugural green gilt issue … Continue reading →

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Why do DB transfer values make me sick?

Posted on August 29, 2019 by henry tapper

One of the things ordinary people find hardest to work out is why their share of a defined benefit scheme can go up when stock markets go down. This happened last month where the stock market fell. But in August, … Continue reading →

Posted in actuaries, advice gap, BSPS, FCA, pensions | Tagged , , , , , , , | 8 Comments

The ABI goes FABI on claims!

Posted on March 20, 2017 by henry tapper

    Readers of this blog listening to the ABI’s Huw Evans on Wake up to Money, may have been spluttering into their tea and biscuits! The ABI are faced with a cut in the discount rate used to calculate compensation … Continue reading →

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Prof Mike Otsuka on First Actuarial and USS’ different approaches to self-sufficiency!

Posted on December 11, 2016 by henry tapper

This article has been published by Mike Osuka on his blog. You can read the original here; http://tinyurl.com/j82en9s .   Mike is a  Professor in the Department of Philosophy, Logic & Scientific Method at the London School of Economics. He’s kindly … Continue reading →

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Buildings for the future -time to spend cheap money.

Posted on October 8, 2016 by henry tapper

I am with Nigel Wilson on this “QE was designed by the rich for the rich; it drove up the price of assets rather than creating new ones and there has never been so much money available as today”, It’s … Continue reading →

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Government Pensions? Who’s money is it anyway?

Posted on January 18, 2016 by henry tapper

The vast majority of the money outstanding to those who work and have worked for Government is to be paid as pension. The Government’s pension debts – for its own people – have been estimated in the Whole of Government … Continue reading →

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Crushed by falling bond yields – great guest blog by Ralph Frank

Posted on January 22, 2015 by henry tapper

Mainstream assessments of the state of investment markets tend to focus on the equity market.  The level of the FTSE 100, S&P 500, Dow and/or Nikkei is deemed to be an indicator of the health of savers’ investment portfolios and/or … Continue reading →

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I like annuities but I’m worried..

Posted on December 5, 2009 by henry tapper

Imagine it- the prospect of a 15-20% pay cut for the rest of my life and all because the Government changed the rules. Continue reading →

Posted in annuity, dc pensions, de-risking, EU Solvency II, pensions, Personal Accounts, Retirement, Treasury | Tagged , , , , , , , , , , , , , , , , , , , , , , | 2 Comments