Tag Archives: real assets

Derek Scott and his part in the creation of the Mineworker’s surplus

I should put some context to the comment below, made by Derek Scott after he had read my article about putting the £15bn surplus in the PPF to work. There seem two types of surplus in UK DB pensions, those … Continue reading

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CDC offers a “real” retirement wage for post war children and kids born today (LCP)

When people say “real” income, they mean income that keeps pace with inflation. Real income is a fantastic promise to make to someone retiring. Those under 55 today are a generation for whom “stagflation” is no fear, they underestimate how … Continue reading

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Why the world’s biggest pension wants a $30bn overdraft

Overnight one of the biggest #pension schemes in the world set out plans to borrow up to $30bn, to avoid firesales of assets, in times of market stress. Calstrs, the $317bn California-based #pension fund, is a big investor in illiquid … Continue reading

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£626,000,000,000 of our retirement money was lost in the financial markets last year.

Yes, I know that Pension Scheme liabilities are projected to be lower by more than £626,000,000,000, but you can’t eat projections. The money that was lost by UK DB pensions last year is gone. It has been collected by those … 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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Very “interest”-ing

For millions of savers, the most important piece of financial news over the past few weeks has not been about the impact of bond yields on pension liabilities or their mortgage interest payments or the state of the stock market. … Continue reading

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