Tag Archives: Insurance
A proper analysis of the disaster of QE on our pensions. – Pensions Oldie
Yesterday, amid the early morning groan of a hospital ward , I penned a blog on the negative impact of QE and QT on Britain (though I touched on DB pension schemes and DC savers on a “glidepath”), it was … Continue reading
Insurers competing for pensions using leverage to boost annuities? Surely not.
The bulk purchase annuity market comes under the scrutiny of the FT this morning. They are reporting what we have heard rumoured but have had no solid evidence of. The insurers say this has nothing to do with the leveraged … Continue reading
Posted in advice gap, pension genome
Tagged Annuties, Insurance, L&G, LDI, leverage, Liability Driven Investment, Pensions, Phoenix, PIC
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Brookfield owns the Utmost link between Equitable Life and Just.
Want an explanation? Brookfield are investing in Just, Brookfield are investing in Utmost and Utmost are the renamed Equitable Life. Utmost are what is known in offshore financial services as a “death insurance company” A death company? Utmost is … Continue reading
Posted in pensions
Tagged Brookfield, DB pensions, Death insurer, Equitable Life, Insurance, Just, Pensions
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Are insurance companies getting it easy when taking on our pensions?
Pensions Oldie argues that risk management in the pensions world is radically different to that in insurance. Responding to an article where insurers themselves complain about the arrival of short term private equity money he comments. I don’t have … Continue reading
Zurich’s Greco isn’t pleased with Apollo and others buying up pensions
I worked for Zurich one way or another much of my life; I know them to be a decent European general insurer who know quite a lot about investing in UK life and pension businesses. Allied Dunbar , Eagle Star, … Continue reading
Short-termism of financiers a mis-match for the horizon of pensions
I ran a blog about the infinite horizons of pensions, I was writing in 2020 when the idea that our pension system would be generally in surplus was ludicrous. I argued that it was and that the PPF would not … Continue reading
NEST- the irrefutable case for “Scheme Pensions”. A blog written 15 years ago
That we have spent no time discussing the deaccumulation of NEST funds is a scandal. It is time for this subject to be put on the public agenda – if it is not, then NEST should be branded a half-baked project.
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Posted in pensions
Tagged Financial services, Insurance, Life annuity, National Employment Savings Trust, Open Market Option, pension, Retirement, Scheme
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Steve Simkins speaks for the council tax payer , the member and employer
Steve Simkins is closer to the discussion on how the “stable primary contribution rate” that will enable actuaries to work out what employers should pay in their particular circumstances. He reports on a worrying tendency in the discussions among … Continue reading
Posted in pensions
Tagged Business, corporate governance, Government, Insurance, pension, Pensions, Retirement
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Are insurers really that safe? Toby Nangle joins the “worrywarts”
Somewhere , deep into an examination of how insurance companies operate in the US and to a degree in Europe and hence the UK, is this paragraph All that said, we can see why regulators and worrywart investors are taking … Continue reading
The power of what we are.
It is a shame that while we are trying to find ways to grow our economy thinking long-term (pension funded) we are fearing short term tariffs from the USA as if our financial futures depended on the whims of a … Continue reading
Posted in pensions
Tagged advice, Government, Insurance, pension, politics, social media, Treasury
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