Tag Archives: Steve Simkins
Steve Simkins: LGPS prudence will cost councils dear
As council pension funds prepare to set employer contribution rates for the next three years, excessive levels of prudence could see councils paying more than they need to, writes a partner at Isio. There has been a fundamental shift in … Continue reading
Britain needs LGPS’ Pools of excellence to turn pots to pensions!
Steve Simkins is a smart actuary who works for Isio but thinks for us all and in this post he asks some questions that I have been asking in my head and asked at a recent Conference mainly delegated by … Continue reading
Posted in pensions
Tagged #Pensiondebate, CDC, LGPS, pension, Pension Commission, Steve Simkins
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LGPS – £147bn is an ECONOMIC MIRACLE – what should be done?
Where to do with the financial strength of Local Government Pension Funds? Let’s not be shy about this. LGPS employers have put a lot of money into their schemes over the past 20 years to keep their pension obligations. It … Continue reading
Posted in pensions
Tagged AgeWage, CDC, Collegia, LGPS, Pensions, Public finance, Sam Seaton, Steve Simkins, Torsten Bell
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Long-term cost of LGPS holding too much (or little) to pay pensions.
Steve Simkins brings our attention to work being done by the Government Actuaries for the Scottish section of LGPS. In our time deprived lives, we may not have the time to ease through GAD reports, especially ones that look like … Continue reading
One love or schism?
“Batley and Spen is a gathering of typically independent, no-nonsense and proud Yorkshire towns and villages. Our communities have been deeply enhanced by immigration. While we celebrate our diversity, what surprises me time and time again as I travel around … Continue reading
Posted in Big Government, pensions
Tagged BLM, Bob Marley, Nelson Mandela, schism, Steve Simkins
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Could a Local Government Pension Scheme go bust? NO
Well the answer “no” as has been explained to me by Colin Meech of Unison – who makes the following points; LA’s can not go bust in the way you suggest – they would be taken over by government … Continue reading
Posted in Big Government, corporate governance, governance, pensions
Tagged covenant, covenant assessment, KPMG, LGPS, pension, pension governance, pensions, Steve Simkins
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