“The scale of the reduction in the number of member-nominated [pension scheme] trustees is shocking… an unsurprising consequence of… greater consolidation and the professionalisation of trusteeship. This weakens accountability and the quality of member engagement”

“Extra pissy and power-trippy” is absolutely tip-top as a descriptor here. 😊

Hands up if you have principles. 👏

“I've heard all kinds of Numbers, but they share two traits: they are way more than will ever be spent in retirement, and… demand another five years of full-time work” Satisfaction is as much a function of expectation as of realisation. Set your target LOW, folks, for a happy and early retirement!

So in some years King Oswy celebrated Easter on a different day (week… month…!) from his second wife, Eanfled. The King got a bunch of senior theologians together at the “Synod of Whitby” (664AD) to decide that his wife was right! Wisdom. (Did I get that right, @susanabernethy2.bsky.social?)

Happy Easter Sunday Runday! 🏃‍♂️ Recovery run times with a dodgy back except for the sixth…

Not sure how seriously I can treat a storm called “Dave”. (Sorry, Daves…)

Exactly!

GOOD morning!

I sense that the Prospect Union knows quite a lot more about pensions than Reform…

Look at that Baby Boom birth peak before the GenX decline!! And then the “echo peaks” quarter and half a century later. Excellent stuff from @resolutionfoundation.org. Can we map this onto a death chart, @actuarybyday.bsky.social… with an 80 year (say) lag?!

Pensions, politics and the Bank of Mum & Dad. There’s a lot of great stuff here!

Hard to disagree… 25>11 #pensions

So Reform a) not understanding you can build up state pension entitlement WITHOUT working and b) not being bold enough to deal with one of the biggest welfare costs. D minus for effort.

This.

“Stepped back”… ?!?

This is a bit passive aggressive from the iPhone…

Tough day for the Lancastrians.

Weekend FT… you have my attention…

52 years ago?!?!?? 52 years before that it was 1922… 😳

Buy low. Sell high. Easy peasy… (Not investment advice… 😂)

Slump. Fun word.

TPS vs USS cost differentials are phenomenal…

When the unstoppable force of workforce equality meets the immovable object of expensive public sector pensions.

You have got to feel so sorry for the employees at JLR…

And the award for the best lunch goes to…

Anna Dixon MP asks about the 8,600 waiting for a pension when Capita took over and gets an answer that about 90% paid and 10% not (but waiting for information to process). Asks if that's an underestimate - Capita say another 5,000 hadn't even gotten a quote from MyCSP. They will be written to.

There’s a lot to unpack here…

Kate finds THE BEST doors….

Was the initial massive swing all about taking freebies and freezing grannies? Seems like a long time ago now…

CERTAINTY that you’ll get it [the State pension] so no means testing (directly or indirectly) and certainly it won’t go DOWN. PLENTY of notice if pension age is going up… but 10 years is plenty. Inflationary increases would be a bonus but if they don’t come then you cut your cloth accordingly.

Sunday Runday. 5:34 pace for a 10k. Happy with that!!

And the award for “economics chart of the Century” goes to… [drum roll…] 🥰 👏 🥇

Buy signals?! (NOT investment advice!!)

And the adorable alliteration!! 🥰

“The government said it was acting on a commitment in the November Budget to ‘name and shame’…” Ouch.

Gen X pensions. Because the Boomers ate all the pies. #sighs

🚨 🦠 😷 💉 😢

Sir Keir totally going up in my estimation off the back of this debacle… 🇺🇸 🇬🇧 🇮🇷

“National Counterterrorism Center Director Joe Kent said that Iran posed ‘no imminent threat’ to the US and claimed that the Trump administration ‘started this war due to pressure from Israel and its powerful American lobby’.”

Oops.

Zack and his pesky climate change science facts… 🌍 🔥

🤢

😢

Moon. 🌘 Happy Friday!

Actually, this on a banknote

“Maximum dignity” What a thread.

“University tuition fees system is a mess” says Sir Nick Clegg... Says Sir Nick Clegg? 🤔 SAYS SIR NICK CLEGG!?!?! 😡 🤯

You know you can’t resist… @stevewebb1.bsky.social @actuarybyday.bsky.social @ianbeestin.bsky.social