Tag Archives: ppf

2019 was not a year to hedge your bets

Posted on December 29, 2019 by

As the decade closes , it’s a time to look back as well as forward. For the vast majority of us, our financial health depends on valuations of assets the price of which we cannot directly control. We may build … Continue reading →

Posted in advice gap, age wage, pensions | Tagged , , , , , , | Leave a comment

The PPF could grow up a (C)DC lifeboat

Posted on December 24, 2019 by

One of the enduring features of the last ten years is Andy Young texting me “this is all getting too much, I think I’m going to retire”. Among the many things that Andy has created – he is a great … Continue reading →

Posted in CDC, pensions, Public sector pensions, responsible investing | Tagged , , , , | 13 Comments

The day the PPF turned day-glo

Posted on December 20, 2019 by

It’s not often that the phrase “lost in translation” is more than a glib cliche , but yesterday’s *fake news* on the impending catastrophe from the ECJ ruling on the PPF has given if fresh currency! The breaking news was … Continue reading →

Posted in pensions, punk | Tagged , , , | 4 Comments

Rudd’s posturing – no help at all

Posted on February 10, 2019 by

When BHS went belly up, this blog pointed the finger of blame at Philip Green for putting dividends before the pensions of the staff who earned him them. Green coughed up over £350m and the BHS pension scheme restructured into … Continue reading →

Posted in pensions | Tagged , , , , | 4 Comments

What do we do with pension good news?

Posted on August 12, 2018 by

. Despite taking on pension schemes from employers including Carillion, Toys R Us and Hoover, with deficits totalling £1.2 billion – the highest total value to date, the PPF’s funding position has strengthened. The PPF has reported a continued growth … Continue reading →

Posted in pensions, Pensions Regulator, Politics | Tagged , , , , | 6 Comments

Pension schemes hold record surplus

Posted on May 18, 2018 by

  First Actuarial reveals a record surplus in its First Actuarial Best estimate (FAB) Index. The FAB Index – which provides the aggregate position of the UK’s 6,000 defined benefit (DB) pension schemes calculated using the best estimate expected return … Continue reading →

Posted in pensions | Tagged , , , , | 1 Comment

Are you feeling DC sick?

Posted on February 14, 2018 by

Joy for DB is pain for DC!   I am sure I am painting too simple a picture and that I’ll be whacked over the head by my learned colleagues, but the general jubilation breaking out over UK pension scheme … Continue reading →

Posted in CDC, pensions | Tagged , , , , , , | 3 Comments

A measured look at Carillion’s pension problems from Adrian Duncan

Posted on January 31, 2018 by

  Carillion Plc (Carillion) Shareholder Dividends vs. Pension Deficit Repair Contributions (DRC) – who is responsible for this mess? I thought it would be useful to use the recent Carillion collapse as a case study in determining the complex problem … Continue reading →

Posted in Carillion, pensions | Tagged , , , , | 5 Comments

BSPS – a big win – but at what cost?

Posted on January 30, 2018 by

  It now seems quite certain that the New British Steel Pension Scheme will happen and that it will be populated by the majority of members of the current British Steel Pension Scheme. In announcing the results of “Time to … Continue reading →

Posted in BSPS, pensions | Tagged , , , , , , , | 1 Comment

Don’t panic about Carillion’s pensions.

Posted on January 15, 2018 by

The fate of Carillion as a company is in the balance. Up to 20,000 jobs are at risk. Bond and equity holders are likely to lose substantial sums. Carillion driven projects are likely to suffer and 28,000 members of Carillion … Continue reading →

Posted in pensions, Pensions Regulator, Retirement | Tagged , , , , , | 8 Comments