Tag Archives: LGIM

Illiquids in DC; Roe and Mistry – “explaining, not advocating”

The last three minutes of this short podcast are dedicated to telling people like me that we cannot share it without the written permission of L&G. The podcast is then published on Linked in and no matter that its stated … Continue reading

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Accepting this nonsense is foolish and dangerous

The headline poses a question that I suspect emerged from a marketing team meeting rather than LGIM’s member research. I was at a recent meeting of Legal & General savers – one of over 10,000 on a Teams call. I … Continue reading

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Asset managers should invest to dine at the DC table

  I often hear dissatisfaction from asset managers that they have no place at the DC table. The management of workplace DC assets has largely been given to BlackRock, LGIM, State Street and Vanguard. While they enjoy consumption of the … Continue reading

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L&G IGC – inaction is not an option.

L&G has a new IGC Chair and Joanne Segars has the unenviable task of reporting on 2022, which by any standard  – was not a vintage year for DC savers. Unfortunately , L& G did not have a vintage 2022 … Continue reading

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Off to buy-out? – Don’t forget to turn off DC!

Many people who are have worked with an employer with a DB plan will have or had a DC pot managed by the trustees. This blog looks at what will happen to member’s DC savings as DB plans move into … Continue reading

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Were LDI pooled funds technically bust – last September?

When the Bank of England stepped in to the long dated gilts market in September last year, it did so to stop contagion from the collapse of certain pooled LDI funds. It is now becoming clear that at least two … Continue reading

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If LDI pooled funds collapse – what would follow ?

To understand how pooled LDI funds work, listen and watch this excellent video which explains the rewards and the risks of LDI pooled funds. Please watch it to understand the way that LDI works within a pooled fund. Thought I’d … Continue reading

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LGIM calls for low-earners to understand the pros and cons of pension saving.

  The cost of retirement crisis is being addressed by auto-enrolment but you wouldn’t think it from the conclusions drawn from this LGIM report by one of our leading pension journals. https://corporate-adviser.com/majority-of-lower-earners-looking-to-stop-ae-contributions-lgim/ Corporate Adviser’s headline and analysis are factually wrong. … Continue reading

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Have shareholders any real leverage on executive pay?

Two articles, published in the FT within 24 hours, with polarised messaging! The first written by Harriet Agnew from New York includes a quote from LGIM’s Angeli Benham. “Most companies don’t act on the remuneration feedback we give them. For … Continue reading

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Wrong in the right way – LGIM are right in everything but their conclusions

RIP’s or investment pathways as they are more commonly known, don’t default you into a course of action but ask you to choose between four courses of action (with the option to do whatever you like as a fifth). They … Continue reading

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