Thank you very much for this comment which I will use in future posts. Whoever you are "anonymous" , I…
I would be very happy to help in setting this up ; henry.h.tapper@gmail.com or 07785 377768 if you'd like to…
Dear all, Regarding the potential acquisition of the "Lady Lucy" for £75,000, I have set down some initial thoughts on…
The foundational social contract of UK pensions was established under a clear compact: Exempt-Exempt-Taxed (EET). Savers agreed to sacrifice current…
Tag Archives: LDI
Why employers should be pig-sick about LDI (as should many DC savers).
This morning I will be giving evidence to the Work and Pensions Committee as part of its inquiry into Defined Benefit Pension Schemes with Liability Driven Investments. I will be giving evidence with John Ralfe, Con Keating and Iain … Continue reading
L&G’s Wilson sees many black swans on the river.
It’s tough at the top and L&G’s Group CEO Nigel Wilson has been at the top longer than most. Yesterday he went to war with the combative House of Lords Industry and Regulators Committee. He had no choice. The … Continue reading
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
Are you asking yourself “Is my company pension safe?”
Employers pay a great deal into pensions, whether to fund defined benefits or to help staff build a pension pot. They pay a relatively small amount to explain how pensions work and most of the awkward questions people have … Continue reading
“I’m all right, Jack” – LDI apologists get short shrift from Keating and Clacher
This blog is written in response to an FT article entitled “A different perspective on LDI”. We quote it in its entirety and respond after each quotation. LDI is very far from the light entertainment of an Ealing comedy. “It … Continue reading
The LDI crisis may be abating but the inquest has just begun
Speaking to consultants at the Pension Age conference yesterday, it was clear that some senior pension experts think the matter can be dropped. This is in contrast to what is happening in our seat of Government. This afternoon Lord Daniel … Continue reading
The mysterious world of shadow banking – LDI in Dublin and Luxemburg
There’s a good rule for investors, whether institutional or retail – whether you are looking after other people’s money or your own. Shadow banking , like the dark web, is probably something that most of us should not get involved … Continue reading
Posted in pensions
Tagged Central bank, Dublin, Ireland, LDI, Luxemburg, Pensions, Shadow banking, UK pensions
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Opperman and Stride give pensions a dream result.
Social media never sleeps 20.06: Guy Opperman appointed MoS at DWP This announcement had yet to appear on the Government’s Ministerial website , the headline is from Order Order – the unofficial news channel for the Westminster Village, Breaking news came from … Continue reading
Posted in pensions
Tagged DWP, Guy Opperman, LDI, Mel Stride, Pensions, politics, Steve Webb, Treasury
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Those whom the gods would destroy, they first make mad
There is an aspect of the letter from TPR to Work and Pensions Select Committee which we believe warrants unpacking: “Schemes that used LDI strategies to lessen the impact of falling or volatile interest rates over the past … Continue reading
There is an alternative view of "ownership" which is that people own a stream of income for as long as…