Somebody in the Bank of England understands pensions

September 13, 2016 Tom Murray

Pensions Bank of England

Somebody in the Bank of England understands pensions   There was much consternation in the pension world recently when the Bank’s chief economist, Andy Haldane, stated in an interview that he “could not make the remotest sense” of pensions.  However, before we all start to lose sleep over the fate of the BoE employees and their future retirement plans, it has become clear that there is someone in Threadneedle Street who appears to know exactly how pensions work.
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The Brexit circus is coming to town

January 07, 2016 Tom Murray

forecast Investment markets UK Bank of England EU

This article was originally commissioned and published in December 2015 for Investment Life & Pensions Moneyfacts. Tom Murray considers the troublesome wait for Brexit and how this uncertainty could cause major volatility in the investment markets.
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Actuarial Post: Forward guidance should benefit product innovation

August 23, 2013 Tom Murray

forward guidance Pensions UK Admin Plus Bank of England

By Tom Murray, Head of Product Strategy, Exaxe.
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Keep Calm and Carry On... Working?

July 26, 2012 Tom Murray

fixed annuity Pensions UK Bank of England Life and Pensions

The latest figures from the Office of National Statistics showing that the UK has experienced its third quarter of economic decline is bad news for those heading towards retirement. The ONS reported that GDP shrank by 0.7% in the second quarter of 2012, following falls of 0.3% and 0.4% in the previous two quarters.
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