Scheme actuaries use a nominal gilt yield curve, which they assert directly matches the currency and inflation exposure of those…
"prefers to compare the returns with a liability proxy (a mixture of gilt maturities)" Are those Index-Linked gilts, given that…
I agree the major problem with DC is that it has been designed as a savings plan not to provide…
Oh, and I think this confusion leading to DB being viewed as a pot by members is an unintended consequence…
Tag Archives: growth
This may be the last week I can grow my linked in connections.
I currently have over29,900 linked in connections , 28,500 of whom follow me. I have recently been getting messages from Linked in reminding me LinkedIn members can have up to 30,000 1st-degree connections. To ensure an optimal experience on LinkedIn, … Continue reading
Pensions or growth? Or both?
In 2022, attempts to de-risk UK DB pensions put the Government’s borrowing capacity in peril and led to an increase in borrowing costs for most UK citizens who now pay a “moron premium” on money lent to them. I challenge … Continue reading
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
Posted in pensions
Tagged ft, growth, jo cumbo, Lauira Trott], pension minister, Pensions
3 Comments
Should our appetite for growth reduce with age?
I hear a lot about “appetite for risk” but nothing about “appetite for growth”. We are currently experiencing high inflation , some would say stagflation. Stagflation is when things cost more but we don’t produce more – so don’t … Continue reading
Thanks for your reply. I hope it does successfully "embed both the real rate and expected inflation in one number".…