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 Regulator
Is NOW the time to transfer out?
I was talking last night to a senior financial journalist about NOW pensions. In the catalogue of actions that the Pensions Regulator can call upon, insisting on the inclusion of Dalriada Trustees, is perhaps the most alarming. Dalriada is a … Continue reading
Posted in pensions
Tagged Dalriada, NOW Pensions, pensions, Pensions Regulator, TPR, Transfer, trustees
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Small employers are sorting the pension problem – but they need some help!
There are a lot of organisations taking the credit for auto-enrolment and it’s true it has worked because Government , providers and business advisers have worked together. But the heavy lifting has been done by getting on for a … Continue reading
Posted in auto-enrolment, Big Government, pensions
Tagged auto enrolment, pensions, Pensions Regulator, Sage, Technology, The Clash
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BSPS2 – a superior kind of lifeboat?
The news that members of the British Steel Pension Scheme will have the choice between swapping their pension rights for participation in the Pension Protection Fund of a new Pension Scheme (code-named BSPS2) has been well flagged. It might seem … Continue reading
Posted in pensions
Tagged BSPS, BSPS2, CETV, Pensions Regulator, ppf, tata, TPR, trustees
2 Comments
FABI – taking the crisis out of pensions!
It is now three months since we launched our First Actuarial Best estimate Index (or FAB Index for short). It has generated a significant amount of interest amongst our clients and across the wider pensions industry – and has even … Continue reading
Posted in First Actuarial, pensions
Tagged Deficit, Fab Index, FABI, pensions, Pensions Regulator, ppf, PPF7800, solvency, TPR
2 Comments
Balancing the long and short term consequences of pensions.
Lesley Titcomb is the Pensions Regulator; in this blog – first published here – she explains the balance she has to maintain between the various interest groups that want to have a say. If you read my blog yesterday, you’ll … Continue reading
Posted in pensions
Tagged Blog, Funding, Google, Lesley Titcomb, pensions, Pensions Regulator, Technology, WordPress
3 Comments
Auto-enrolment-Is Workie working?
By now we were due to be in trouble. There was talks of Tsunamis and capacity crunches. Nostradamus had nothing on the industry commentators saying that we wouldn’t cope; we’re coping. I go to events and ask participants, how’s … Continue reading
Posted in pensions
Tagged auto enrolment, Pensions Regulator, TPR, Workie, workplace pension
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Your ten point checklist when choosing a pension
The law says you have to choose a workplace pension for your auto-enrolment eligible staff. But it doesn’t say how! The Pensions Regulator’s website, while excellent on auto-enrolment compliance, is pretty hopeless in helping you choose a pension. So … Continue reading
Posted in pensions
Tagged auto enrolment, Business, Choose a Pension, DWP, Employment, Financial services, pension, pension playpen, pensions, Pensions Regulator, Retirement, TPR, workplace Pensions
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Shutting the stable door?
We probably know more about the solvency of our defined benefit pension schemes than we have ever done. They are subject to rigorous examination by Experian who stress test them for failure to calculate their levy to the Pension … Continue reading
Putting yourself second – what a boss should do.
There is no law that says you should be polite. Standing aside from someone getting off a train, opening doors for the elderly and those with push-chairs, paying your pension bills before paying your dividend, these are all things we … Continue reading
Posted in pensions
Tagged BHS, Frank Field, justice, law, Pensions Regulator, Philip Green
4 Comments
Do we need so many pension schemes?
Ireland’s pension regulator wants to cut the number of corporate retirement plans in the country from 150,000 to 100 in a move that would put pressure on pension providers and asset managers to reduce fees. So it’s reported in the … Continue reading
Thanks for your reply. I hope it does successfully "embed both the real rate and expected inflation in one number".…