"A couple might scrape together a combined private capital base of £240,000 provides only around £9,600 to £11,000 per year…
Aitken is most concerned with life insurers/assurers. Warren Buffett invested in non-life insurers for their distinctive economics, particularly the investment…
Agreed - though the contribution rates into private sector DB when we were accruing was often less than deficit payments…
my point is a simple one. Apart from DB pension provision in the U.K. is a disgrace Individual Median Pension…
Tag Archives: Surplus
Surpluses will make “employers see DB schemes as long-term assets”
It’s good to see a volte-face from a firm of consultants that has been rock-hard supporters of buy-in and buy out since schemes swung back from deficit and into buy-out territory. But this Bill has been on their desks these … Continue reading
Common sense should win through and pensions should not repeat past follies
The headline seems a disaster for pensions. The ABI and those preying on open DB pensions, are quick to point to the need to insure away the risk of pension paying people deferred pay in later life. If you had … Continue reading
Members of the BP pension still wait for promises to be paid
“Although BP have yet again refused a discretionary increase, the fight goes on. We are waiting for a Pensions Ombudsman ruling, but fully expect it to take several more months. Who knows what the outcome will be, but we are … Continue reading
Posted in pensions
Tagged BP, Distribution, Malcolm, Malcolm McClaren, pension scheme, Surplus
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Your £50k pension surplus negotiable with your DB trustees and the boss!
Yesterday I sat through a day in the City listening to insurers talking about the safety of giving them your money while everyone else wanted to talk about what to do with the surplus funds not needed to pay the … Continue reading
Posted in pensions
Tagged BP, Jonathan Guthrie, pensioners, Pensions, Stagecoach, Surplus
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Thoughts of accountants on the use of Pension Surpluses in DB
Pensions Oldie is I think an accountant. Here are his thoughts following my blog on employer strategy from Hymans Robertson Pension Oldie I agree that the webcast is an excellent review of the current position and the matters to be … Continue reading
Hywel Robinson – who owns the pension surplus? This morning at 10.30am.
You can get to this meeting at 10.30 this morning by clicking here Coffee Morning – Got a DB Surplus? ..Who owns it?? CPD included Type – Online Teams When – Tuesday 3rd March at 10:30 am You are … Continue reading
Hywel Robinson – who owns the surplus- Pension PlayPen Coffee Mornings are back!
Coffee Morning – Got a DB Surplus? ..Who owns it?? CPD included Type – Online Teams When – Tuesday 3rd March at 10:30 am You are cordially invited to attend our next Coffee Morning. Hywel Robinson, our speaker recently wrote … Continue reading
The people are the company, they get the pension surplus , the company still benefits.
I read this tweet and for a moment thought that I was agreeing , but then I read a little further and decided I was not sure… Did you notice £2.3bn giveaway in Budget to small group of public sector … Continue reading
The Lords and the Pension Schemes Bill – the game is on for pension surplus!
This comment was fed into my mail yesterday evening by someone who’d watched the debate in the House of Lords about the choices facing trustees and employers with defined benefit pension plans they are responsible for. Re the Lords and … Continue reading
Posted in pensions
Tagged Bryn Davies, henry tapper, House of Lords, Jiohn Hamilton, LDI, Ros Altmann, Surplus, William McGrath
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Back to the future; the return of the surplus; Stagecoach and Richard Jones
Richard Jones’ excellent explanation of the history of pension surplus kicked off a first rate discussion. Have a look at the slides to get an idea of whether you want to devote up to an hour of the session. Richard … Continue reading
The image of pension professionals putting on their stout boots to face the snow is a good reminder that preparation…