here’s what you’ve been saying
Gareth Morgan on Does the FCA’s consumer… Richard Chilton on Does the FCA’s consumer… Bob Compton on Does the FCA’s consumer… Baroness Ros Altmann on Can you make an informed choic… Gareth Morgan on Why I’m unimpressed by t… Gareth Morgan on Can you make an informed choic… Lizzie Hartley on Can we break down the barriers… Ian Costain on How can the FCA and tPR work b… Eugen N on Evidence of how the DC workpla… Kate Upcraft on The pensions dashboard needs m… ian layton on How can the FCA and tPR work b… myla on TPR goes blog to blog with its… John Mather on How can employers choose workp… Chris Giles on Wrong in a good way – wh… Martin T on The pensions dashboard needs m…
Tag Archives: John Ralfe
The USS valuation and a way forward
The controversy over the University Superannuation Scheme’s current valuation sums up all that’s gone wrong with defined benefit pension schemes. Let’s start with the view of John Kay, one of Britain’s most respected and outspoken economists. John Kay, one of … Continue reading
Posted in pensions
Tagged #USS, John Kay, John Ralfe, Kevin Wesbroom, Mike Otsuka, Pensions, Sam Marsh, USS
2 Comments
Rejoicing in heaven – John Ralfe returns to the fold!
I say unto you, that likewise joy shall be in heaven over one sinner that repenteth, more than over ninety and nine just persons, which need no repentance. Luke 15.7 “Miracles and mirages of #CDC ” Excellent blog by … Continue reading
Why , given half a chance – most DC savers will “invest” in cash.
In my article today about CDC, I mention that DC is unable to do what CDC can do, which is keep people invested in retirement. The FCA’s Retirement Income survey data shows that the vast majority of redemptions from personal pensions … Continue reading
John Ralfe’s CDC lecture
A big thank you to Imperial College Business School for making this a public lecture, It brought 140 people together, encouraged some sharp debate in the chat room and gave a platform to John Ralfe to explain the con trick … Continue reading
Posted in pensions
Tagged annuity, Brevan Howard, CDC, dc, Financial services, John Ralfe
9 Comments
Lecture: ‘Can CDC turn base metal into pensions gold?’ by John Ralfe
That friend to financial economics and foe to open pension schemes, John Ralfe, is delivering a public lecture on CDC on February 23rd. Register here for my @ImperialBiz on-line lecture. https://t.co/d23ex5RlH9 What does CDC “inter-generational risk sharing” really mean? How … Continue reading
USS; are UCU and UUK missing the big picture?
This is nonsense. If universities can’t pay the required #USS DB contribution, then simply move to DC, which was of course the original plan. Universities backed down in the face of strikes https://t.co/rYtU1azGjM via @timeshighered — John Ralfe (@JohnRalfe1) November … Continue reading
Posted in advice gap, CDC, USS, Value for Money
Tagged AgeWage, Business and Economy, CDC, dc pensions, Defined benefit pension plan, DWP, Guy Opperman, Jo O'grady, John Ralfe, Mike Otsuka, Norma Cohen, pension
2 Comments
Are John and Norma right – are we facing the end of mass-retirement?
@JosephineCumbo could you pls explain why “open” DB schemes are less risky than closed schemes, and should therefore be subject to weaker funding requirements? “Josephine Cumbo: Open and closed case @@corpadviser https://t.co/u3loRiZxB6 — John Ralfe (@JohnRalfe1) October 30, 2020 The … Continue reading
Posted in pensions
Tagged DB Funding Code, de-risking, John Ralfe, Lockdown, Norma Cohen, Pensions, Ros Altmann, TPR
2 Comments
“He that hath ears to hear, let him hear.”
I am very pleased that Con Keating and Iain Clacher’s recent article has got so much attention , both in terms of readers and in terms of social media comment. Though I am one of those who thinks the Pension … Continue reading
Posted in actuaries, Big Government, coronavirus, pensions
Tagged Con Keating, David Fairs, Ears, Guy Opperman, Joe Strummer, John Ralfe, Matthew, ppf, TPR, Treasury
5 Comments
All plans off for DB funding proposals
I’m sorry to have missed the FT’s DB funding debate, it sounds like a lively affair! Mercer, the professional services firm, last week estimated the aggregate accounting deficit for DB schemes for the UK’s 350 largest listed companies was £52bn … Continue reading
Posted in actuaries, advice gap, Blogging, dc pensions, de-risking, defined ambition, DWP, pensions
Tagged DB, DB funding, DB pensins, DWP, ft, John Ralfe, SteveWebb, TPR
1 Comment
More argy-bargy in pension’s tax-trenches
Blessed are the peacemakers, until they wade into a debate on tax-relief. The saintly Darren Philp , maybe picking up from comments from ex DWP govt actuary Andy Young, tried to change the debate. To summarise his argument, he … Continue reading
Posted in advice gap, age wage, pensions, Treasury
Tagged Andrew Young, darren philp, David Robbins, EET, John Ralfe, Pensionsn, Tax, TEE
2 Comments
