Henry. It is all happening far too late for us elderly, born last century and been underpaid historicly by anything…
It is the valuation process that has created artificially high required contribution rates. I believe the Strathclyde pension scheme's employer's…
From April 2027 the PR of a deceased will be required to include pensions in the IHT filing it is…
The worry is that large providers (including the Government owned Nest) are treating the Pensions Dashboard as a compliance item…
Tag Archives: Hilary Salt
Pensions for all -not just the public sector
Although I’m pleased that pension promises to the Firemen and Judges are to be extended to all public sector employees, I’m sorry for the millions of private sector employees now in DC savings plans whose reasonable expectations were for a … Continue reading
Posted in CDC, First Actuarial, pensions
Tagged CDC, first actuarial, Hilary Salt, McCloud, pensions
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First Actuarial’s client conference in tweets
First Actuarial had its first client conference yesterday, if you weren’t there, it’s probably because you aren’t a client. Make sure that doesn’t happen again next year! Here’s what you got/missed Hi Mark Riches introduces First Actuarial’s first client conference … Continue reading
Posted in First Actuarial, pensions
Tagged #firstconf, CDC, DB, dc, first actuarial, Hilary Salt, Matthew Taylor, pensions, RSA
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With “good risk” , we can push the sky away.
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
Bill Galvin , stop whingeing to the FT and come down here!
Bill Galvin would be well-advised not to snipe at social media for peddling misconceptions about the University Superannuation Scheme. Dennis Leech, Professor of Economics at Warwick concludes a recent article with the question will this independent group be subject to … Continue reading
Posted in pensions, USS
Tagged Bill Galvin, first actuarial, ft, Hilary Salt, pensions, social media, USS, UUK
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A brave and timely response to UUK’s proposals
I was wondering how to react to news that the UUK (the employers of university staff) is proposing to axe future Defined Benefit accrual into the USS. Anger or sorrow seemed the two main candidates as I flew back last night. I was … Continue reading
Posted in advice gap, pensions, Trades Union Congress
Tagged defined benefit, Hilary Salt, John Ralfe, pensions, UCU, USS, UUK
7 Comments
We need to learn to love the PPF more
Hilary Salt asks “rather than designing new DB superfunds, wouldn’t it be better to grow to appreciate and improve our existing superfund?” It must be frustrating for the Pension Protection Fund (PPF) when the public perception is that to end … Continue reading
Posted in actuaries, pensions
Tagged BHS, Hilary Salt, pensions, ppf, professional pensions, Royal Mail, The Pensions Regulator, USS
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Labour adopts CDC for good retirement outcomes
This week , the Labour Party’s list of policies became one longer when shadow pension minister Alex Cunningham announced that reviving the mothballed secondary legislation to enable collective defined contribution schemes would happen under a future Labour Government. A few … Continue reading
Posted in pensions
Tagged CDC, first actuarial, Hilary Salt, Jack Cunningham, Labour, pensions
7 Comments
“Small is beautiful” – Hilary Salt’s contrarian pension vision.
It’s difficult to go anywhere on planet pensions at the moment without hearing people extol the virtues of scale. I seem to be the only sceptic on this. (I’d better upfront declare my conflict of interest as our clients include … Continue reading
Is there a”pensions opposition”? Thoughts on #TUCpensions
I wasn’t at the TUC Conference, having a Conservative membership has closed a few doors and I didn’t want to make some awkward by insisting. My colleague Hilary Salt spoke and the event was capably relayed by Josephine Cumbo and others. … Continue reading
Posted in pensions
Tagged Colin meech, first actuarial, ft, Hilary Salt, josephine cumbo, members, pensions, TUC
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Surely St Andy of t'North can just borrow lots of money from his Abu Dhabi chums? Is that why we…