Scheme actuaries use a nominal gilt yield curve, which they assert directly matches the currency and inflation exposure of those…
"prefers to compare the returns with a liability proxy (a mixture of gilt maturities)" Are those Index-Linked gilts, given that…
I agree the major problem with DC is that it has been designed as a savings plan not to provide…
Oh, and I think this confusion leading to DB being viewed as a pot by members is an unintended consequence…
Tag Archives: wages
Paying rent with retirement wages.
The PPI and the Pensions Commission need to find solutions to the problems they have uncovered. After reading the 37 pages of this report (thanks for the prompt Ben Leadbetter) , I am even more convinced that solutions do not … Continue reading
Helping older people with money
I’m pleased to see the FCA publishing a paper on the particular problems older people have with financial services, I haven’t read it all , only the summary (which I can summarise as the paper does)! The summary rightly … Continue reading
Thanks for your reply. I hope it does successfully "embed both the real rate and expected inflation in one number".…