Reading Time: 9 minutes A simple question of defining an oft-used term leads to important but tricky questions, and throws light on key issues. It becomes clear that running a pension scheme in run-off mode involves a very different set of considerations to deficit recovery mode. Mindset, language and tools need to change. The conclusion is that a full … More Running off DB Pensions: What is Self-Sufficiency?
Reading Time: 2 minutes My most-read blog posts of 2016 were: 1. Why Anthony Hilton is wrong about DB pensions This post, responding to the misguided (in my view) viewpoints of London Evening Standard journalist Anthony Hilton in September garnered by far the most views of any of my blogs this year (around 1400 views). An extended version of … More 2016’s Most Popular