The Microsoft references are rhetorically effective, but analytically misleading. Microsoft went public in 1986 and did not pay a dividend…
Thank you for the kind words!
As cryptocurrency adoption continues to grow, scams, hacking incidents, fraudulent investments, and lost wallet credentials remain major challenges. TECHY FORCE…
The self-employed commonly have very lumpy income streams plus periods of feast and famine. Their lack of income security means…
Tag Archives: Risk
Judging your workplace pension (by saver outcomes)
Defaqto has produced an important piece of work for financial advisers wanting to help employers get to know their workplace pension. You can access it via this link (there is a little signing up to do to get there) As … Continue reading
Posted in advice gap, age wage, pensions, workplace pensions
Tagged defaqto, IGC, Performance, Risk, risk adjusted, Sharpe, sortino, trustee, workplace Pensions
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Aviva’s IGC – more effective than its report suggests
Aviva’s IGC has turned up and you can preview it here (it launches properly Monday) It’s available as a PDF you can download here or you can read a digital version Having read both, I’d suggest that the PDF works … Continue reading
Posted in advice gap, age wage, auto-enrolment, IGC, pensions
Tagged Aviva, Colin richardson, digital, IGC, Investment, Money, Risk, value
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Covid-19; Risk, Uncertainty, Psychology and Judgement
You can see this presentation which runs to 60 slides following Tan’s narrative The Slideshare is available to read below in plain text. By TAN SUEE CHIEH, IFoA’s President Elect Keywords Risk. People (p). Risk of mortality … Continue reading
Con Keating on “Risk and the Management of Investment Portfolios”
One of the few things that we know about risk is that it means that, over some future period, more things may occur than actually will eventuate. The role of an active asset manager is to seek to determine which … Continue reading
Posted in advice gap, age wage, pensions
Tagged AgeWage, Benchmark, Con Keating, Internal rate of return, IRR, pensions, Risk
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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
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 Behavioural economics, Cognitive bias, management consultant, pensions, Risk, risk analysis
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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 Annuitisation, CDC, democracy, Drawdown, Risk, Terry Pullinger
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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 Mike Otsuka, pensions, Risk, USS, UUK
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 acrual, Con Keating, DB, liabilities, pensions, Risk
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 CETV, ETV, Pension Risk, Pie, Risk, Risk transfer, Willis Towers Watson, WTO, WTW
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Standard Life was fine until Gordon Brown started playing 'ducks and drakes' during the last century - now we have…