Tag Archives: Insurers
I’m not so worried about US insurers as the pensioners who depend on their annuities
Toby Nangle is our top analyst working on American bonds , whether the credit is public or private of something in the middle. We should worry if there’s a problem with American insurers owning this stuff. Insurers using it to … Continue reading
Pensioners look on as insurers gloat.
There is something wrong about this. Insurers should not gloat that they will be investing what is currently our pension fund money. The insurance companies expect £550bn of our money to insure and reinsure promises already secured in pension schemes. … Continue reading
Posted in pensions
Tagged Aberdeen, Insurers, pensioners, Stagecoach, Standard Life, superfunds
Leave a comment
“Is this Government really interested in Pension Superfunds?” – asks Gupta
New Capital Consensus are a group of thinking people including my friend Ashok Gupta who want to see policy through to action. I’m not quite sure why I and AgeWage are included on this post, but I’m pleased they … Continue reading
Posted in pensions
Tagged Ashok Gupta, DB, dc, Insurers, Pensions, superfunds, Torsten Bell
Leave a comment
So you think that your pension was bought out by a gilt-edged insurer?
All year I have been writing about the security of buy-ins and buy-outs of occupational pensions in the UK by insurers. I am talking in particular about our insurers that are shipping off assets and liabilities to the USA and … Continue reading
Not that much “reassurance” about shifting my pension to an insurer.
I am not surprised that , ahead of publishing the numbers of the 11 insurers n the UK annuity market, the PRA has reassured us that none are currently in trouble or likely to be trouble from the risks we … Continue reading
Big-Short 2 – the sequel. “Never have so many been put in debt by so few”.
I have a new commentator on my blog but he tells a familiar story. It’s a Michael Burry Story Big-Short 2 – the sequel. Never have so many been put in debt by so few. We will I’m sure … Continue reading
Posted in pensions
Tagged Association of British Insurers, Big Short 2, Insurers, Pensions
5 Comments
The Impact Assessment behind the Pension Schemes Bill.
This diagram, borrowed from HMT by DWP is around 300 pates in. It is frustrating and fascinating because much is good but how to get to it?! Welcome to the Impact Assessment This document from the DWP is over 400 … Continue reading
Should pension schemes be run like insurance companies?
Paul Brine asks the questions – 30 odd play penners enjoy what ensues. By the power of Teams , youtube and your host Steve Goddard we can remind you of what you just witnessed or – if you were unlucky … Continue reading
Pension Commission? Be careful what the industry asks for!
Doesn’t the pensions industry already have a very strong consensus that people should give them more of their money to manage? Political parties already seem largely on board, so I’m not sure what a commission would be expected to do … Continue reading
The price members are paying to de-risk their employer’s balance sheet.
How did the Boots pension scheme change? It was bought out by Legal & General Why couldn’t Jon Swinson retire? Because Boots paid L&G £640m to buy-out their pension liabilities rather than pay pensions they’d promised but didn’t guarantee. Boots … Continue reading