here’s what you’ve been saying
Stuart Fowler on Keating on Ralfe, CDC and… Bob Compton on Keating on Ralfe, CDC and… Stephen Glover on Death by 10 million pots… Mark Meldon on “Legacy” is a dirt… henry tapper on “Legacy” is a dirt… Mark Meldon on “Legacy” is a dirt… Con Keating on Keating on Ralfe, CDC and… Simon Freeman on “Legacy” is a dirt… Stuart Fowler on Keating on Ralfe, CDC and… Bob Ward on Death by 10 million pots… Adrian Boulding on How GDPR helps us make sense o… DC on Will a “Transfer Value C… alan chaplin on Will a “Transfer Value C… Adrian Boulding on Will a “Transfer Value C… David V on So what’s unfair about a…
Tag Archives: USS
Schools staring into a pension “abyss”
Contrary to indications that the Teachers’ Pension Scheme (TPS) employer contributions for 2019-20 would be set at 19.1%, schools have now been told that the figure from September 2019 will be 23.6%. The Teachers Pension Scheme, along with all … Continue reading
Posted in accountants, pensions
Tagged GAD, HMT, Local Government, pensions, schools, Teachers, Teachers Pension Scheme, TPS, Treasury, USS
8 Comments
The public debate on USS is elevated by King and Kay.
Exclamation: Master @JohnRalfe1! Mervyn King has now joined UCU and is spouting what you call “#USS #smokescreen and pure #UCU #bollocks“! Calling Bazooka @mikeotsuka and Plowman @henryhtapper https://t.co/OFuewk3ER7 — John Ralfebot (@Ralfebot) September 6, 2018 One of the joys of … Continue reading
Posted in pensions, USS
Tagged CDC, CWU, John Kay, Mervyn King, pensions, Royal Mail, Terry Pullinger, USS
3 Comments
“The way we were” – Mike Otsuka calls for USS to return to Topper form.
Here I distill my threads of the past few days into a single message: the @FirstActuarial & @ucu approach to the investment and valuation of #USS is not some radical new theory. Rather, it’s in line with the way #USS … Continue reading
Posted in pensions, USS
Tagged Bazooka, Bill Galvin, first actuarial, Mike Otsuka, pensions, Topper, USS
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#beetroots, #biscuits – how the battle for truth @USS is being won.
I find myself embedded in a bizarre discussion on #transparency between some of the brightest bods on twitter. This ill becomes me, I am out of my depth, a TUC cracker in the posh biscuit barrel. #beetroot #biscuits pic.twitter.com/Hywkpf8U2W — … Continue reading
Posted in pensions, USS
Tagged Beetroot, Biscuits, Blog, Mike Otsuka, pensions, Sam Marsh, USS
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Bill Galvin – on accountability at #USS
If Jo Cumbo hadn’t mentioned it I’d have missed it. Bill Galvin- erstwhile CEO of the Pensions Regulator and now boss of the University Superannuation Scheme wrote a thought piece on the USS blog – it’s here. It’s a meditation … Continue reading
FABI surplus continues to soar, as USS accounting deficit falls dramatically.
Much like daily temperatures , First Actuarial’s Best estimate (FAB) Index soared through June , and the heat is on for those who’ve weaponised accounting deficits. The Universities Superannuation Scheme (USS) has announced a dramatic fall in 2018. The FAB Index – which provides … Continue reading
Posted in accountants, advice gap, pensions
Tagged FABI, Financial economics, first actuarial, pensions, USS
1 Comment
The Financial Scientologists
Paul Lewis is absolutely right in attacking the dogmatism that religion creates. People may be spiritual, without imposing their views on others, but when someone’s dogma overtakes their sense of humanity, they become strangely inhuman. This is what accounts … Continue reading
Posted in actuaries, Bankers, pensions
Tagged Infrastructure, John Ralfe, Malvolio, Paul Lewis, pensions, Scientology, USS
7 Comments
Reckless Prudence; How to break a pension system
George Cooper has just produced an article, re-published here, which I very much enjoy. I’m not the only one. Every #USS member should read @FixingEconomics‘s “Reckless Prudence: How to break a pension system” (link). Some quotes and comments in the … Continue reading
Otsuka finds balm for USS’ “forty year itch”
With remarkable restraint , Mike Otsuka reports on conversations he’s had with the USS on unknown unknowns. We do not know what the future brings, but past performance suggests that universities do not fail as people need higher … Continue reading
University pensions! – Stay collective! Stay open!
Another good day for pensions! Yesterday was a good day for the collective pension scheme in Britain. I had breakfast at Cicero’s offices in the Old Bailey (not the courts). I was able to hear our Pensions Regulator talk openly about … Continue reading
