Tag Archives: trustee

How much volatility can we take? Pension Play Pen Lunch Sept 5th 2011

James Smith- First Actuarial Ben Mulroney– mallowstreet Jenny Kreser – Silverman Sherliker Mark Benfold  Railway Pension Scheme Malcolm Delahaye – Supertrust Jennny Yeo  – Affiliate Managers Paull Chapple -Close Brothers Jeroen Wilbrink – Partner at SECOR Asset Management Thornton Wells  – Mattioli Woods Michael Clarke -Capita … Continue reading

Posted in dc pensions, de-risking, Liability Driven Investment, mallowstreet, pension playpen, Retirement | Tagged , , , , , , , , , , , , , , , , , , | 8 Comments

Some of our pensioners are unwell

I’ve  not  read anything so silly as this  http://www.professionalpensions.com/professional-pensions/news/2105510/stv-slashes-liabilities-bespoke-mortality-exercise for a long time. If you can’t read the story via the link, KPMG are delighting in having got the STV Trustees to change their mortality assumptions after they’d collected eveidence that most of … Continue reading

Posted in corporate governance, de-risking | Tagged , , , , , , , , , , , , , | 5 Comments

IFEs not IFAs

If you’ve followed my posts over the past few days, you’ll l know I’ve referred to a debate between advisers, insurers, pension managers and trustees which started out discussing the ethics of incentivizing  enhanced transfer values and has moved toi discussing how and when advice … Continue reading

Posted in annuity, corporate governance, dc pensions, de-risking, EU Solvency II, Liability Driven Investment, pensions, Retail Distribution Review, Retirement, Treasury | Tagged , , , , , , , , , , , , , , , , , , , , , , | 18 Comments

What to do with pension trustees

The skills, the committment and the experience of trustees is undoubted. They are a resource that is given for free for the good of all. IF David Cameron’s Big Society is expressed anywhere it is in the noble behaviour of these people, whether CEOs, shop stewards or ordinary members. Continue reading

Posted in annuity, dc pensions, Retirement | Tagged , , , , , , , , , , , , , , , , , , | 10 Comments

DC Trustees still valued but they need to raise their game (via Henrytapper’s Blog)

The Pension Play Pen met for their 21st consecutive lunch on Monday August 1st to discuss whether we still needed DC trustees. Jenny Davidson made the point about her company which had developed all the monitoring tools needed to measure the performance … Continue reading

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DC Trustees still valued but they need to raise their game

The Pension Play Pen met for their 21st consecutive lunch on Monday August 1st to discuss whether we still needed DC trustees. Jenny Davidson made the point about her company which had developed all the monitoring tools needed to measure the performance … Continue reading

Posted in dc pensions, NEST, pension playpen, pensions | Tagged , , , , , , , , , , , , , , , , , , | 11 Comments

Who should be managing DC defaults?

The first step in sorting out DC defaults is to establish where the buck stops and focussing appropriate resource at that point. Continue reading

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And then I woke up….

As the ferry went down, passengers jumped like lemmings into the sea. We had another meeting and concluded that we would sue the men in suits before following the passengers. The last thing I remember was being hauled from the water by a man with a peaked cap, I remember around the rim the words “HMRC PPF”.
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