Tag Archives: Risk
“Correcting the biggest avoidable UK public policy failure of recent decades”
The CISI is running an event on Wednesday 25th October which has the most extraordinary agenda and a magnificent speaker line-up that I doubt will be equalled this year. Pensions has been one of the biggest avoidable public policy … Continue reading
Posted in pensions
Tagged CISI, Harriett Agnew, John Kay, Mervyn King, Pensions, Risk, Robert Laslett, SteveWebb
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Time for PPF to lose its pocket money?
Imagine running a business where you can’t stop charging your customers and your customers can’t stop paying you. That’s the Pension Protection Fund, a public corporation, set up by the Pensions Act 2004, that has been protecting members of eligible … Continue reading
Should VFM top the company’s pension risk register?
I sat in on a discussion yesterday between FCA/TPR/DWP and a number of large corporates that offer DC workplace pensions to their staff. Under the Chatham House rule I can report what was said but not who said it. … Continue reading
Run on or buy-out – Hymans think outside the box
One of the wonders of the post Covid world has been the rise of the webinar and the sharing of IP by the pension fraternity. No consultant has done more in this space than Hymans Robinson and it is greatly … Continue reading
We cannot be world beating unless we take financial risk with our capital
Martin Woolf, begins his latest opinion piece in the FT As a result of a series of narrow, short-sighted and overly theoretical decisions, the UK has ended up with a pensions system that is incapable of generating the supply of … Continue reading
“Insurers don’t understand investment”- that is the pensioner problem
Many comments on my blog are so well argued that they should be published as blogs in their own right, rather than languish in the obscurity of the archive! Some comments go unpublished but all are welcome (other than the … Continue reading
Failing to manage pension risks is a failure in our consumer duty
This blog is about the communication of “risk” by pension experts to ordinary people and it follows from comments I’ve made over the weekend on the lack of communication of risks within DC schemes, especially schemes that “de-risk” their … Continue reading
Everybody has a plan until they get punched in the mouth – Keating and Clacher
This is an explanatory note relating to questions posed to us arising from our series of blogs on the proposed Funding Regulations. Our fourth blog led to correspondence questioning our interpretation of the fundamental flaw in these proposals, which … Continue reading
Keating and Clacher’s conclude their evisceration of DWP’s proposed funding regulations.
This is the analysis promised in our previous Blog covering the supplementary matters required under the proposed Regulations, contained within Schedule 2 of the Regulations, and on which no discussion was invited by the Consultation on the proposed Regulations. These are … Continue reading
Should our appetite for growth reduce with age?
I hear a lot about “appetite for risk” but nothing about “appetite for growth”. We are currently experiencing high inflation , some would say stagflation. Stagflation is when things cost more but we don’t produce more – so don’t … Continue reading