Tag Archives: Risk

There is only so much pension risk, an ordinary person can take.


This diagram shows us the points where we can do well in our “journey” as DC investors. It’s a useful starting point in working out how we create value for money for ourselves. This article shows that how much we … Continue reading

Posted in advice gap, pensions | Tagged , , , , | 3 Comments

Where did we go wrong?


    For those who consider I am faltering in my campaign to restore confidence in pensions, think again. I have found the way to cover my back and stab others in theirs!   Cognitive bias explains everything! But sometimes … Continue reading

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

The democratisation of risk?


I can’t say I’d heard this phrase before Bruce Porteous of Aberdeen introduced it into conversation at yesterday’s Westminster Business Forum. The only reference I can find to it on the web is a sneering jibe at “Cowboys in Superland” … Continue reading

Posted in CDC, pensions, Trades Union Congress, trustee | Tagged , , , , , | 1 Comment

The incoherence of UUK’s attitude towards risk – Mike Otsuka


Low risk is intolerable when shared by 350 institutions but high risk is fine when borne by workers individually USS’s current troubles, and UUK’s proposed solution, reflect an incoherent attitude toward risk on the part of our employers. Their responsibility … Continue reading

Posted in pensions, USS, Value for Money, welfare | Tagged , , , , | 10 Comments

Con Keating; the purpose of a pension scheme


This article is published with the kind permissions of Dr Keating and Professional Pensions (in which it first appeared). Given its length and subject matter, Iain Clacher, Andrew Slater and I were surprised, and flattered, by the number of downloads … Continue reading

Posted in pensions, Pensions Regulator, Retirement, risk | Tagged , , , , , | 4 Comments

WTW-you don’t “de-risk”; you transfer risk!


In late March, Willis Towers Watson (WTW) published a survey of the choices made by 170,000 members of occupational defined benefit schemes. This is the question the survey sets out to answer “What choices have pension members made since the dawn … Continue reading

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

Why we’re forever blowing (transfer) bubbles!


    It’s a shame that Alistair Cunningham’s thought-piece on behavioural bias’ encouraging herds of us to “cash-out” our DB pensions, is behind a pay-wall. If you are an FT subscriber you can use the link at the end of … Continue reading

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

Should we invest, when we’re in debt?


There’s a very good  BBC Martin Lewis Podcast on borrowing ; http://www.bbc.co.uk/programmes/p04qhdsg We’ve always thought as Lewis as anti-debt (an advocate of “debt-free” living). The Podcast gives as an example a man who has moved to the country with his … Continue reading

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

Why can’t we talk about investment returns?


  Investment performance has become a taboo – a “no go zone”. This suits the auto-enrolment agenda which is “comply or die”, but NEST has broken ranks and asked defaqto to publish comparative investment performance and it was right to … Continue reading

Posted in actuaries, auto-enrolment, pensions | Tagged , , , , , , | Leave a comment

Want to know about investment risk? Quietroom’s “difficult second video”!


The good people at Quietroom have come up with another classic. I have to admit to having a bit part – I was the idiot who they asked to edit their script – as if! I think it is a … Continue reading

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