Tag Archives: House of Lords

FCA, TPR v LDI and FTX – a difficult discussion in the House of Lords

  It is alarming to listen to the regulators answering the questions of the House of Lords Industry and Regulators Committee.  There were admissions from both the Pension Regulator and the FCA that they had insufficient information on LDI to … Continue reading

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Clacher and Keating blog “Bowles to the Regulator”.

We have received and responded to over one hundred questions, comments and criticisms arising from them. Not one has come from the Pensions Regulator. We have no evidence that the Regulator is listening to us or anyone else. Constructive engagement requires constructive listening, not selective hearing. Continue reading

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

Prem Sikka’s peerage – its value to accounting , governance and pensions

Prem Sikka, too, is an appointment to be welcomed as strengthening the Lords pensions team. Read his monograph from 2006, “Pensions crisis a failure of public policymaking”, https://t.co/xBHu7dgVKJ. Chapter 2: THE PENSIONS CRISIS: FACT AND FICTION explains the valuation and… … Continue reading

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Opperman – pensions are for the long term

  It was good to see Guy Opperman speaking at Professional Pensions Live. This is my take on his speech and the direction of Government pension’s policy as we come out of lock-down and into the summer recess! Recently Guy  … Continue reading

Posted in advice gap, age wage, Dashboard, open pensions, Pension Freedoms, pensions | Tagged , , , , , , | 1 Comment

Who’s protecting pensions from the impact of COVID?

This is a very real and important question as the priorities of Government tend to be protect jobs and the businesses that create job over the incomes of those who have left the labor market. The key performance indicators of … Continue reading

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Let the Lady speak for me (on Brexit)

I was a silent remainer. I have been a Liberal most of my life, voted Liberal in #GE2019 and am proud to know Ros Altmann and Gina Miller as friends. Yesterday I bowed in front of the Throne in the … Continue reading

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The lady’s not for turning.

For reasons that weren’t particularly obvious , a random group crammed into a much too small committee room in the House of Lords on Wednesday night for a round table with the new pensions minister. It was a hot day that … Continue reading

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The worst kind of paternalism

They’re all , fat and old, queuing for the House of Lords Continue reading

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Taxpayer subsidy for public service pensions to double over 6 years

This is an article from Michael Johnson. I agree with the numbers but I’m not so sure about the sentiment that lies behind it. As a nation we can afford anything if we chose to prioritise the spending and we … Continue reading

Posted in Financial Education, First Actuarial, pensions, Public sector pensions, Royal Mail, smelly | Tagged , , , , , , , | 8 Comments

“We grow old, we grow old” – a budget day blog

It’s budget day. I was asked to be a commentator on a budget briefing this afternoon but I’m not good on economics – more interested in nuts and bolts. All the same, it’s useful sometimes to stick your head up and … Continue reading

Posted in dc pensions, doctors, Henry Tapper blog, pension playpen, pensions, Treasury | Tagged , , , , , , , | 1 Comment