Tag Archives: pension playpen

Taking possession; how’s Workie performing ?


There’s an urban (pension) myth that it’s not until your pension is worth as much as your car that you take any notice of it. My car has been written off twice and has a scrap value of £1000 so … Continue reading

Posted in auto-enrolment, pensions | Tagged , , , , , , , | 1 Comment

We’ve gotta horse!


    The Pension PlayPen is putting together a band of brothers/sisters to buy one and a half legs of a young German racehorse. The horse is called Moonlight Camp which should satisfy on a number of diversity grounds. But … Continue reading

Posted in Horse racing, pension playpen | Tagged , , , , , , | 2 Comments

“Sustainable investment – economic imperative or political fad? ” Tomorrow’s Pension PlayPen Lunch.


  Tomorrow we will have an announcement from one of our leading DC pension plans that it is switching its default option into a fund that focusses on sustainable investments. To mark this, we will have a special pension playpen … Continue reading

Posted in pensions | Tagged , , , , | 2 Comments

Thanks – it’s a delight to do business with you!


    It’s a real delight speaking to micro businesses about pensions. You might think a simple question like “which one do you think is best?” would become boring, now we’re closing in on 5000 employers who’ve asked us it. … Continue reading

Posted in auto-enrolment, pension playpen, pensions, robo-advice, Sage | Tagged , , , , , , , , , | Leave a comment

The pernicious effect of NEST’s market distortion


Yesterday I wrote about the unsatisfactory outcome of an industry discussion with NEST. The PLSA debate on mastertrusts at their annual conference failed to properly engage with NEST’s ongoing role in the UK pensions market and the ambiguity of its … Continue reading

Posted in pensions | Tagged , , , , , , , , , , , | 2 Comments

Stop telling people what to do! (Michelle cracks the whip)


If you don’t know Michelle, then you should. She is the living, breathing soul of TPAS, an actuary who has forgotten how to be boring and a restorer of confidence in pensions. As the photos on this blog suggest – … Continue reading

Posted in actuaries, pensions | Tagged , , , , , , | 2 Comments

“Rape and Kill” – why the public are turning off retirement advice.


Thanks to the PPI for the second Future Book – Unravelling Workplace Pensions. The 2016 Edition of the PPI’s study on workplace pension is published today. Getting data on the state of workplace pensions has always been tricky. If you … Continue reading

Posted in drawdown, pensions, PPI | Tagged , , , , , , , , , | 6 Comments

An algorithm cannot lie


  An algorithm cannot lie; it will tell you what you set it to tell you with the data you fed it. It has no choice, it is entirely deterministic;- and yet algorithms can help you lie. Let’s take a … Continue reading

Posted in NEST, Pension Freedoms, pensions | Tagged , , , , , , | Leave a comment

Is Yahoo insured?


  As I listened to the accounts of Yahoo’s 500m users being hacked (purportedly by a foreign government), four questions came to mind Why hasn’t the Yahoo share price fallen more than a couple of percent? Did Verizen, it’s prospective purchaser … Continue reading

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

My pension fund manager – reassuringly boring.


I’ve worked out what I want from the person who runs my pension fund – I want them to be busy doing nothing. That’s more or less what Martin Dietz is doing running the Legal and General Multi-Asset Fund which … Continue reading

Posted in Fungible, hedge funds, pensions | Tagged , , , , , , , , , | Leave a comment