Scheme actuaries use a nominal gilt yield curve, which they assert directly matches the currency and inflation exposure of those…
"prefers to compare the returns with a liability proxy (a mixture of gilt maturities)" Are those Index-Linked gilts, given that…
I agree the major problem with DC is that it has been designed as a savings plan not to provide…
Oh, and I think this confusion leading to DB being viewed as a pot by members is an unintended consequence…
Tag Archives: Paul Lewis
Money Box Live this lunchtime- penalty fees on pensions?
I’m more excited than ever this morning as later I’ll be cycling up to Broadcasting House to talk on Money Box about the Chancellor’s plans to cap early redemption fees on pensions with Claire Trott and Paul Lewis. It’s going to … Continue reading
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Tagged BBC, Boris Bikes, Claire Trott, money box, Paul Lewis, Pension Plowman, personal pensions, Retirement, Savings, stakeholder pensions
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What about a “Retirement Income Alliance”
Malcolm Small is what can best be called an “operator”, a “smooth operator” at that. He is very clear thinking and he presents cautious solutions to big problems in an elegant way. I’ve known him for a few years … Continue reading
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Tagged Malcom Small, Martin Lewis, moneysavingexpert, Paul Lewis, Pension Wise, pensions, RIA, TPAS
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Would you buy a recovering alcoholic a large vodka?
Offering IFAs the prospect of commission is akin to running a meeting of alcoholics anonymous in a pub. Continue reading
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Tagged advice, Business, Business and Economy, Commission, IFA, IFAs, Paul Lewis, Pension new, pensions, RDR, Retail Distribution Review, Retirement
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Is work – are pensions (and is life) fair?
Reading the scope of the DWP Select Committee’s new enquiry into intergenerational fairness had me grasping for my video copy of the Meaning of Life. The inquiry aims to answer the question of whether the current generation of people in … Continue reading
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Tagged DWP, Fairness, Frank Field, Monty Python, Paul Lewis, Steve Webb
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Pothole follows member
At one moment, as I sneakily followed the autumn statement on twitter (while supposed to be doing strategy), I heard the Chancellor remark Over the next five years the Government will spend £250m to pay for pothole repairs This has … Continue reading
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Tagged auto enrolment, Business and Economy, dc pensions, DWP, Employment, Financial services, jo cumbo, Paul Lewis, Pot, pothole, Steve Webb
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Paul Lewis and cash – tactically astute – strategically moribund!
Jon Cudby is both brave or foolish to take on Paul Lewis over Paul’s remarks at FT Adviser events over the past few weeks. As the next speaker up at two of them, I heard what Paul said, what the questions … Continue reading
Why it should always be cheapest to buy pension from the state
Much as I like Tom McPhail, his current campaign against the Government for selling rights to the state pension cheaper than rights to private pensions is fatuous. Tom has it in his head that the Government Actuary is setting the … Continue reading
It’s the crowd who decides how the club is run.
Crowds run clubs in the long run We have got so used to the concentration of power and money in football and rugby clubs that we can forget that England rugby or Chelsea or Man City are the product of … Continue reading
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Tagged auto enrolment, CDC, England rugby, football, Mik Ashton, natural course, Newcastle United, Paul Lewis, Pension Freedoms, Pension Wise, pensions
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Credit where credit is due – how those outside of work get a pension
This blog’s mainly about public service information. But it’s also about influence and how people get it. It was sparked by my reading some stuff on twitter about why we should all be checking our entitlement to the new state pension and … Continue reading
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Tagged DB pensions, DWP, ft, josephine cumbo, Klout, Paul Lewis, pensions, twitter
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The markets are back but the damage is done.
There are those who thrive on the ups and downs of the stock market; high frequency traders take fractional advantage of moves up and down and like wind farms, make most when it’s stormy. You can buy and sell this … Continue reading
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Tagged annuity, auto enrolment, Business, CDC, China, collectives, corporate governance, corporate risk, damage, dc pensions, Defined benefit pension plan, Financial services, Government, income drawdown, Paul Lewis, Pension new, pension playpen, pensions, Retirement, The Great Fall of China
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Thanks for your reply. I hope it does successfully "embed both the real rate and expected inflation in one number".…