Tag Archives: Jon Spain

“So what’s a pretty ILG doing here, then?” The indexed linked gilt’s called to account.

Posted on May 12, 2023 by henry tapper

This blog looks at how index-linked gilts came to be and asks what they are doing in LDI portfolios – its authors are Jon Spain and Con Keating In 1980, the Wilson Report was published, recommending that the UK government … Continue reading →

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USS and the risks of power over other people’s wealth

Posted on March 12, 2021 by henry tapper

    In political science and popular discourse,[1] the horseshoe theory asserts that the far-left and the far-right, rather than being at opposite and opposing ends of a linear political continuum, closely resemble one another, analogous to the way that the opposite ends of a horseshoe are close together. ..Proponents … Continue reading →

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Jon Spain’s submission on DB Funding

Posted on September 1, 2020 by henry tapper

Although people have been living far longer than used to be the case, the financial assumptions are generally far more significant than the demographic assumptions.

If, as appears to be the case, we can’t get simple things right, why should we think we can tackle complex stuff successfully? Continue reading →

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“Procrustean Pensions”; Jon Spain challenges tPR’s modelling

Posted on April 21, 2020 by henry tapper

On 03 March 2020, the Pensions Regulator (“TPR”) launched its consultation on clearer DB funding standards. The documentation included a report from GAD (the “report”) entitled “Modelling the Long-Term Funding Objective” dated 14 February 2020. This short piece concentrates upon … Continue reading →

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USS : FINANCIAL DIFFICULTIES – OR OPPORTUNITIES?

Posted on March 20, 2020 by henry tapper

    Jon Spain is one of Britain’s foremost actuarial thinkers. You don’t have to  be an actuary to enjoy this piece – indeed it might help for non-actuaries to peer behind the actuarial covers – as Jon allows you … Continue reading →

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“Spanish steps” – ideas on pension funding from Jon Spain.

Posted on November 20, 2017 by henry tapper

Jon Spain is an eccentric brilliant actuary who has worked for many years worked at the Government Actuary’s department. I am proud he has asked me to provide a précis of his response to Charles Cowling’s Sessional Paper to the Institute … Continue reading →

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