Tag Archives: Iain Clacher

BONFIRE. Keating and Clacher conclude their articles on the DB funding code

We began this series of blogs and articles with a call for a bonfire of regulation; at the very least we should start with this proposed Funding Code. Continue reading

Posted in actuaries, advice gap, pensions | Tagged , , , , , , | 2 Comments

A practical illustration of Contractual Accrual Rates – Clacher and Keating

  In this article Con Keating and Iain Clacher explain an alternative to the current way we require DB schemes to be funded. It challenges received thinking and offers a way forward to regulators struggling to find an acceptable funding … Continue reading

Posted in de-risking, pensions | Tagged , , , , , , , | 11 Comments

The mess we’re in (pt.1) and how we got here.

Iain  Clacher and Con Keating Since their heyday in the 1990s, UK occupational DB schemes have been winding up at a rate of about one every two days. Their replacement, DC schemes, are a poor substitute; they are tax-advantaged savings … Continue reading

Posted in accountants, actuaries, advice gap, pensions, trustee | Tagged , , , , , , , | 1 Comment

Lets stop kidding ourselves about pensions

Three things prompt me to write this article The work of Dr Iain Clacher and Con Keating into the unequal burden regulation places on the sponsors of defined benefit pension schemes The agreement between unions, Government and employers in the … Continue reading

Posted in age wage, CDC, consolidation, pensions | Tagged , , , , , | 6 Comments

The other way to value DB schemes- Clacher and Keating.

  DB scheme value Valuation – the long way round Our blog (May 28th) calling for a bonfire of pension regulation led to a surprising amount of interest and a wide range of questions and even some requests for expansion … Continue reading

Posted in accountants, actuaries, advice gap, de-risking, pensions | Tagged , , , , , , | 5 Comments

Pensions need a bonfire of regulation – (Con Keating and Iain Clacher)

This essay is motivated both by the Pensions Regulator’s consultation on its proposed code of practice for scheme funding and by papers published in recent years by the Institute and Faculty of Actuaries, such as “Actuarial valuations to monitor defined … Continue reading

Posted in dc pensions, de-risking, pensions | Tagged , , , | 13 Comments