Tag Archives: pensioners

“I have looked over the cliff and I have seen DC”

Posted on December 8, 2009 by henry tapper

It may have taken ten years but the precipitous drop to DC is now no joke. 2010 is likely to be a tipping point for many workplace pension schemes. Here are my personal predictions for the year ahead. Continue reading →

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Scheme liabilities- Rest in Peace

Posted on November 29, 2009 by henry tapper

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 →

Posted in EU Solvency II, Fiduciary Management, Liability Driven Investment, pensions, Retirement, Treasury | Tagged , , , , , , , , , , , , , , , , , , , , | 1 Comment

Salvaging the sinking boat

Posted on November 29, 2009 by henry tapper

A new study published by Spence Johnson has drawn on insight from 46 industry thought leaders to predict futures of the Fiduciary Management model. More here: http://tiny.cc/FiduciaryEvolution

Many of the participants’ future projections included the view that a unbundled Fiduciary Solution would grow in popularity, allowing schemes to outsource certain tasks i.e. LDI, while retaining in-house duties they felt more confident in performing.
This article addresses the question of whether LDI strategies are best employed as part of an “integrated solution” or “unbundled Fiduciary Management”?
Continue reading →

Posted in de-risking, Fiduciary Management, Liability Driven Investment, pensions, Retirement | Tagged , , , , , , , , , , , | Leave a comment

The Ilford ruling-who won?

Posted on November 14, 2009 by henry tapper

The Ilford ruling will require trustees to concentrate on sound investment strategies and stop the practice of securing tip-top pensions at the expense of Joe the tax-payer. It will require companies to pay more attention to the risk management of their pensions rather than relying on a Government lifeboat.

Continue reading →

Posted in de-risking, Jersey, pensions | Tagged , , , , , , , , , , , | 1 Comment

Why are people not worried about living for ever?

Posted on October 11, 2009 by henry tapper

In a recent article, Brian Spence identifies “a potential gap between the income needed and the actual pension income immediately after retirement followed by a period when an increasing element of disability results in a lower income requirement but also … Continue reading →

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