When only 8 to 15 mega-trusts dominate the entire defined contribution (DC) and LGPS landscape, peer-group risk may override manager…
This is clearly a serious story about institutional accountability, bankruptcy and the treatment of former employees. But, although the immediate…
Here's another way for a pension fund to get in the soup. https://bayourenaissanceman.blogspot.com/2026/09/the-catholic-clergy-sex-abuse-scandal.html
I had earlier today read a medical research article reporting on a Japanese study that found that “supercentenarians” — those…
Tag Archives: Just
Just- Defined Benefit Solutions – Andy Smith’s update for 2026
Just may not be in the bonanza for ever, but that does not mean they will suffer! Just’s story reminds me of the huge take on of DB transfer business in the later years of quantitative easing when low yields … Continue reading
Just, L&G, Aviva, USS and Hymans write to Reeves explaining how to finance UK growth
Keating and Aubrey told us how gilts could not do the job. Last September Thomas Aubrey and Con Keating highlighted the inanity of the Government’s plan to finance with gilts the growth needed for new towns and growth that is … Continue reading
Are there cuckoos scrambling your (tax-free) pension nest egg?
My friend Johnny Timpson put a thumbs down to an article in the Guardian . Not something that I’d expect; like the snoop I am, I decided to take a look. Here’s the article in the Guardian. Here’s why I … Continue reading
BOE concern over US private capital taking pensions off to Bermuda
The FT are picking up on a speech by the Bank of England You can read that speech here Vicky White highlights new innovations in the UK life insurance sector, focusing on Funded Reinsurance and capital in the Bulk Purchase … Continue reading
A good idea is a good idea wherever it’s from. SA from Aus!
I have complained a lot about the takeover of British Insurers (most especially about Just and PIC but also Upmost) by American private equity houses, Apollo and Brookfield But that doesn’t mean that the life companies can’t do good … Continue reading
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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Why don’t we treat our savings plans as pensions? – I wonder!
People think of pensions as the state pension and the things that people who work for the Government or are in their fifties and older, got from companies. They do not think of workplace pensions as providing them with retirement … Continue reading
Buy-backs, dividends or going private. “Just” for pensions.
Pension Oldie responds to Brookfield/ Just deal I think the private capital versus listed issue equity goes wider than Just insurance. Listed companies are increasingly releasing surplus cash by share buy-backs designed to bolster their share price and thereby reducing … Continue reading
Why is Brookfield’s purchase of Just getting so much attention?
I look at the stats on my blogs at the end of the working week. This week’s were strange; the two blogs on Brookfield taking over Just had twice the reads of any other. I thought it might be of … Continue reading
Posted in pensions
Tagged BOE, Brookfield, ft, Just, Pensions, PIC, PRA, Rachel Reeves, Treasury
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“A colossal financial scandal” – Reeves welcomes Brookfield to our pensions.
I cannot say I am impressed by the Linked in post from Rachel Reeves, I do not see the Bermuda based arm of Brookfield as a good owner of Britain’s pensions. I side with the comments of Jnamdoc, the mysterious … Continue reading
Scottish teachers' pay increases, such as the recent multi-year agreement negotiated via the Scottish Negotiating Committee for Teachers (SNCT) covering…