Tag Archives: pensions

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

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Pensions Regulator on Pensions Bill (like)

  This blog’s from Andrew Warwick-Thompson who is Policy Director at the Pensions Regulator. As he’s had a lot of say in how the Pensions Schemes Bill was created, I’d expect him to like it. All the same – it’s … Continue reading

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Was BHS a blessing?

At a rowdy debate at yesterday’s Battle of Ideas, my colleague Hilary Salt stoked the fires by claimed the fall of BHS was a milestone to improving British productivity. Nobody expressed disagreement – despite it being packed with left-wing thinkers. … Continue reading

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Pensions for real – Even DC pensions!

All week we have been discussing how best to manage and measure Britain’s “pension deficits”. The FAB index which First Actuarial introduced last weekend has made quite an impression. My friend Rob Hammond will be on MoneyBox tomorrow lunchtime ; … Continue reading

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Please don’t die-I was enjoying your annuity!

News that Government has finally put the Secondary Annuity Market down is no surprise. It was one of Steve Webb’s worst ideas and has proved about as popular as Osborne. Economically, the creation of a market in annuities is a … Continue reading

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“Why do we see pensions like that?” Assumptions behind the FAB Index

This week we published the FAB index (FABI) which shows the way we see the state of this nation’s defined benefit pensions. “We” means First Actuarial, I work for First Actuarial. We want to paint a picture of the pensions … Continue reading

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Doesn’t pension freedom extend to Defined Benefits?

The debate about the assumptions we use to decide the state of our defined benefit schemes is in full swing. On the one hand you have those, like John Ralfe who use an approach which ensures that there’s always enough … Continue reading

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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

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Calm down – calm down! Pensions are in better shape than “they” think.

  Some weeks ago , Anthony Hilton, finance writer for the Evening Standard, used his common sense to question whether the deficit emerging at the Daily Mail Pension Trust (DMGT) was real. The pensioners he represented did not seem any more … Continue reading

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“The Gold Star DC Pension Plan” – awaiting conception!

    That good chap Jonathan Stapleton     who runs mags for Incisive has asked me for my view on what makes for a gold star DC pension scheme. I’ve submitted 150 words which I hope will find their way into a … Continue reading

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