Tag Archives: John Ralfe
I’ll argue on my blog – not in parliament.
The Work and Pensions Committee announced the line-up for their sessions on LDI (23rd November). There’s been a bit of banter about lining up Con, John and Iain and me. Let’s calm things down. We may have very different views … Continue reading
John Ralfe turns up to the wrong debate.
The Corporate Adviser master trust conference was a success. I will return to sessions earlier in the day but this blog is about a debate between John Ralfe, an opponent of CDC and Simon Eagle who champions CDC both inside … Continue reading
Posted in pensions
Tagged CDC, CDC pension, Debate, John Ralfe, pension, ralfe, Simon Eagle, WTW
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“More that unites than divides” – Ralfe and Keating as one on LDI.
It’s helpful to think about local issues, like the current LDI crisis in terms of investment philosophy. In this article, I argue that two protagonists, who see pension fund investment differently are drawn together by an aversion to … Continue reading
The fight for fungible pensions continues!
“The tragedy of British pension arrangements is that the attempt to force safety on private arrangements is forcing them into collapse. Worse, it has allowed the older generation of pensioners to extract all the risk-bearing capacity of private sponsors for … Continue reading
Con Keating explains why John Ralfe is wrong on CDC
This is a commentary on an article which appeared in FT Alphaville, which was sent to me by a friend in Bermuda. It is a description by John Ralfe of a lecture given by him. The lecture was hosted … Continue reading
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
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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
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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