Tag Archives: Pensions

The Costs of LDI – Keating and Clacher

Posted on March 25, 2023 by henry tapper

Iain Clacher and Con Keating The ONS has just published its Financial Survey of Pension Schemes (FPFS) as of September 30th 2022. At the end of December 2021, the ONS reported net pension assets of £1,821 billion which was essentially … Continue reading →

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USS and Exhaustion – Con Keating

Posted on March 25, 2023 by henry tapper

  Shortly after it was published in early March by USS, I was asked to review their note “USS briefing: Capital funding and exhaustion risk – distribution of outcomes”. The stated reason for it was: “This briefing note provides details … Continue reading →

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ONS numbers show how “de-risking” did for growth

Posted on March 24, 2023 by henry tapper

While most of us would see weight loss as a good thing, it can cause harm – especially when pursued fanatically. In this blog I look at latest Government figures and ask whether pension schemes are losing weight in the … Continue reading →

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CHRIS CURRY ON THE PENSION DASHBOARD – Pension PlayPen ; Tues 28th March

Posted on March 23, 2023 by henry tapper

  Steven Goddard CEO Pension Playpen Coffee Morning – Pension Dashboard delays! An update from MaPS  CPD included Type – Online (+1Hr CPD) When – Tuesday March 28th, 2023 at 10:30am At our next event we are delighted that Chris … Continue reading →

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Boris Johnson could learn to answer questions from Laura Trott.

Posted on March 23, 2023 by henry tapper

Yesterday brought the nation’s attention to the work of select committees, mainly due to the “grilling” of Boris Johnson by the Parliamentary Privilege’s Committee. It was hard not to notice just how professional that Committee behaved, how well briefed it … Continue reading →

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Playing politics with the state pension age?

Posted on March 22, 2023 by henry tapper

  Pensions are in the news again and the FT’s lead story today is about the State Pension Age. The State Pension is more newsworthy than any other pension because it dwarfs all others in coverage and in the impact … Continue reading →

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Macron wins his pension battle – can we win ours?

Posted on March 21, 2023 by henry tapper

    Last night , Emmanuel Macron won his vote – just. He survived two no-confidence votes.The no-confidence motion filed by a small group called Liot garnered support from 278 members of parliament in the National Assembly, falling short by … Continue reading →

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Politicised pensions become anti-social.

Posted on March 21, 2023 by henry tapper

Rishi Sunak has been trying to explain the budget’s pension reforms to the BBC and he’s not been doing a good job of it. “This is about cutting waiting lists…we need our best doctors, our experienced doctors, we need them … Continue reading →

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Vive la differance – Britain and France’s approaches to state pension reform

Posted on March 20, 2023 by henry tapper

“To finance our [pensions] system, which is among the most generous in the world, we must progressively ask those who can to work more” Vive la France, vive la réalité économique. https://t.co/cozeSGgEEQ — Mike Harrison (@HigherEdActuary) March 20, 2023 This … Continue reading →

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Do we need a cost and charges test to work out value ?

Posted on March 19, 2023 by henry tapper

  This is a long and involved blog but it deals with an important subject in a timely way. One of the perceived unfairness’s of DC rather than DB pensions is that DB pensioners have all costs paid by the … Continue reading →

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