Tag Archives: Local government pensions
Scheme liabilities- Rest in Peace
The old adage that if the Equitable Life was a pension scheme it would still be trading today can be reversed. If most pension schemes were regulated as life insurance companies are today they would not be in business. Which is why we must be very worried indeed about threats to the buy-out market and very worried for our DC members about the impact on the cost of annuity purchase. Continue reading
Linked in- a powerful force for good (or bad)
Linked-in is only a platform and a portal. As a platform it connects disparate people and can be a powerful means to enable good decision making. As a portal it offers opportunities for its users to find information, compare experiences and most importantly create face to face relationships , the nuances of which Linked-in can never capture. It is a means to an end but not an end in itself.
How will Jersey deal with its pension liabilities?
I’m following the interractions between Jersey’s stakeholders with great interest. The island has much to offer the mainland (and Europe) as a test bed for pension reform. Continue reading