Tag Archives: LCP

DB pensions are in a hole, let’s swap the DWP’s spade for a ladder

    Bowles my liege… It’s a great shame to read Guy Opperman excising Sharon Bowles amendment to the Pensions Act. The Bowles amendment  would give open pension schemes the capacity to be funded as ongoing concerns rather than being … Continue reading

Posted in dc pensions, de-risking, DWP | Tagged , , , , , , | 2 Comments

QE cooked the 4% rule and LCP explain why.

Dan Mikulskis and Phil Boyle have produced an epic as one of LCP’s “on point” papers. The 4% rule is one of the few rules of thumb that we are left to cling on to when facing what Bill Sharpe … Continue reading

Posted in pensions | Tagged , , , , , | 1 Comment

Balance sheet relief leads to later life grief?

It’s a shame for my loyal readers (Con Keating especially) that some of the most interesting comments on my blog are made on twitter and linked in. In yesterday’s blog I suggested that our former pensions minister, Steve Webb, was … Continue reading

Posted in pensions | Tagged , , , , , , | 3 Comments

Is your Mum getting her proper state pension? – Steve Webb’s making sure!

Apologies to readers whose Mums are no longer around and to younger readers whose Mums are still to retire. but the majority of people who read this blog are millennials and boomers whose Mums are drawing the state pension along … Continue reading

Posted in actuaries, advice gap, age wage, pensions, steve webb | Tagged , , , , | Leave a comment

Jennifer Davidson asks whether stock-lending’s responsible investment?

Someone told me yesterday that successful people read and failures watch TV. I read this article with the TV on in the background, I can’t remember what was on but the article grabbed me and it grabbed me again when … Continue reading

Posted in advice gap, age wage, pensions | Tagged , , , , , | 2 Comments

When simple is harder than complex

Unfortunately complexity is a problem we see all too regularly in finance and investment, for the simple reason that complexity sells. Why? In this thoughtful article, Andrew Linz, a young consultant at Lane Clark and Peacock, challenges accepted wisdom. This … Continue reading

Posted in pensions | Tagged , , , , | 3 Comments

Steve Webb, LCP and Royal London

We are delighted to announce that former Pensions Minister Steve Webb will be joining LCP as a partner. He will be working on our client service offering & spearheading LCP campaigns to help the pensions industry stay apace with member … Continue reading

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Will a “Transfer Value Comparator” work?

t DB transfer activity has begun to stabilise, with far more transfers being quoted and taken every quarter compared with the position before the new freedom and choice flexibilities were introduced by the Government in 2015. Bart Huby LCP Aug … Continue reading

Posted in advice gap, BSPS, pensions | Tagged , , , , , , | 4 Comments

Fund managers that plead ignorance- display indolence.

    “Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds’ March year-end statements, according to Lane Clark & Peacock (LCP) research”. (Professional Pensions) Hiring an asset … Continue reading

Posted in dc pensions, pensions | Tagged , , , , , , , , , , | 6 Comments

Alright LCP and First Actuarial – here’s my ESG challenge to you!

I’d alert readers to an excellent thought piece by LCP consultant, Sam Cobley. You can read it here. Sam ponders why, while every trustee and IGC chair is now commenting on Responsible Investment and Environmental, Social and Governance issues. So few … Continue reading

Posted in actuaries, First Actuarial, pensions | Tagged , , , , | 4 Comments