Tag Archives: PPF7800

The ABI goes FABI on claims!


    Readers of this blog listening to the ABI’s Huw Evans on Wake up to Money, may have been spluttering into their tea and biscuits! The ABI are faced with a cut in the discount rate used to calculate compensation … Continue reading

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

DB pensions; experts are the problem, people are the answer.


  The best thing (for me) about going to the international Longevity Centre’s launch of their study of DB deficits was John. I’d seen him when I walked into the committee room in the House of Lords, he had his … Continue reading

Posted in pensions | Tagged , , , , , , , | 6 Comments

FABI says “no no” to the deficit yo-yo!


The First Actuarial Best-estimate Index (FABI) continues on a more predictable flight. An actuary speaks! Rob Hammond, who oversees the number crunching behind FABI says: “Yo-yo deficits do nothing to restore people’s confidence in their pensions. FABI paints a truer … Continue reading

Posted in actuaries, advice gap, pensions | Tagged , , , , , , | 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 , , , , , , , , | 2 Comments

Strange ideas – Con Keating debunks pension’s received wisdom


A number of extremely strange beliefs have emerged in the course of correspondence arising from earlier articles that introduced methods for the evaluation of pension liabilities which do not invoke any external factor. Take the idea of using market prices … Continue reading

Posted in accountants, actuaries, happiness, pensions | Tagged , , , , , , , | Leave a comment

Two months in and FABI makes its point


While other indices see wild volatility in the deficit positions of the PPF7800, the FABI index is already showing the material advantage of a smoothed approach to valuations. To put it in behavioural terms, you don’t have to popping champagne … Continue reading

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

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

Posted in pensions | Tagged , , , , , , , , , , , | 2 Comments