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: #pensions
The guilt we have with pensions is like our guilt about the gym – Torsten Bell
It’s good to see the Pensions Minister sees the problems with pensions like our problems with going to the gym. We know we should get stuck in but… Continue reading
“Investors must back Britain or lose their tax breaks”, says James Ashton
This is an article by Daily Mail business writer Ruth Sutherland about James Ashton and hit take on investment in the UK – pension investment in particular. It come a couple of months before the budget and I hope is … Continue reading
Posted in pensions
Tagged #pensions, AIM, Easyjet, James Ashton, Nick Train, Pensions, Ruth Suterland
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Has “Pension Awareness” been gazumped by the “Pay your Pension some Attention” campaign (again)?
I have to admit to being a fan of making people aware of pensions. I have supported the pension geeks in their endeavours since 2014 and hope that since they were bought up by Aegon and Aegon has been bought … Continue reading
Posted in pensions
Tagged #pensions, ABI, pension, Pension Awareness, Pension Awareness Day, Pensions UK
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US employers can’t tell if their DC plans are working- just like us!
This is an extraordinary finding by WTW. It says a lot about the inability of those paying into so called pensions and the “value for money” calculation! WTW’s work tells me that the great experiment in providing people with … Continue reading
Chicago’s cavalier funding of its pension promise; compare to the funding of LGPS
Here’s a pension crisis waiting to happen “Anything and everything is on the table because we do have to stabilise the city’s finances,” What is being talked of is Chicago’s pension promises. The FT reports the words of it’s Mayoral … Continue reading
Why do employers and employees not pay more for pensions?
I’m amazed that the news that we aren’t paying enough into our “pension” is a surprise. This report may have been a “labour of love” but it doesn’t “amaze”. The title of Pension UK’s report is Closing the gaps: … Continue reading
If TPR read Altmann’s blog , they’d need more than air-con!
Before reading on, be aware that our good Baroness was once our Pension Minister and has been big in business. For what you are about to receive, you should be truly grateful, Has the Baroness been reading my blogs? This … Continue reading
I’m glad a CDC scheme can’t have a surplus or a deficit.
For as long as I’ve been a pension consultant the discussions have focussed on the funding of defined benefit schemes. Over the past 40 years we’ve swung from surplus to deficit to surplus (where we are now). Each time we … Continue reading
Pensions drawdown in a time of stagflation? We need a pensioners club!
It got me going – what with being 64 and having a couple of DC pots I’d like to turn to pension! Thanks to Jonathan Guthrie , here’s the link to the story. Can anyone stand stagflation on their own? We’ve … Continue reading
Purple book and PPF letter sheds light on Pre-97 increases (to actuary Colin Haines)
The purple book is out and this is actuary Colin Haines analysis of salient numbers! This blog is for people as the actuarially inclined Colin, William McGrath and Con Keating. I simply share the information that has reached the inbox! … Continue reading
Posted in pensions
Tagged #pensions, Colin Haines, Colin keating, Pensions, ppf, Purble Book, William McGrath
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Thanks for your reply. I hope it does successfully "embed both the real rate and expected inflation in one number".…