by Paul Sweeting | Jun 25, 2010 | All, Industry News, Pensions
Retirement ages are going to have to rise. This has been made clear in recent suggestions that the State pension age for men will not only rise from 65 to 66 by 2016, but will also continue to rise by one year in every five, which has had some people frothing at the...
by Paul Sweeting | Jun 25, 2010 | All, Longevity
Can we be a little more responsible about the life expectancy figures we’re quoting? “The current life expectancy is 77 for men and 81 for women” it says on the BBC website. So this means that a retirement age of 66 would mean men working for over 40...
by Paul Sweeting | Jun 11, 2010 | All, Industry News
It has been announced that Barack Obama is to meet the chairman of BP. Given the different roles that the chairman and chief executive of an organisation have, it is interesting that the US President wants to meet the former rather than the latter. The role of the...
by Paul Sweeting | Jun 9, 2010 | All, Industry News
There is a well-known theory that if you give an infinite number of monkeys a typewriter each, then eventually one of them will produce the complete works of William Shakespeare. Would they also produce the complete works of John Maynard Keynes (or Adam Smith,...
by Paul Sweeting | Jun 7, 2010 | All, Pensions
Duration is often thought of as important concept for pension schemes. It is generally known that pension scheme liabilities can have very long durations, and that if the durations of their assets and liabilities differs then it is exposed to duration risk. But what...
by Paul Sweeting | Jun 3, 2010 | All, Industry News
In his evidence to the US Financial Crisis Inquiry Commission Warren Buffett has rejected criticism of Moody’s, saying that they made the same mistakes that everyone else in relation to the housing market crash. This ignores the nature of the mistakes made by...
by Paul Sweeting | Jun 1, 2010 | All, Longevity
By acting on a patient’s own cells rather than an infectious agent, the successful trials of a new breast cancer vaccine in mice offer an important possible development in cancer treatment. Vaccines are usually used to prevent infectious diseases. They do this...
