Shovelling Snow and Funding Pension Deficits - Spot the Difference

by Greig McGuinness   •  
How many times have I dug out my drive-way this week? Each time I broke my back to dig down to the paving more snow appeared and the colourful language commenced. Feel free to draw any analogies with funding a DB pension schemes still open to future accrual. It couldn’t be worse, or could it? Well only if you’d:
  • no option on shovel size
  • no option to use grit or salt
  • your neighbour kept pilling all his snow on your drive
Ah, that will be a multi-employer scheme.

Further reading

Spence Quarterly Update Q4 2020

by Andrew Kerrin   •  

The threat of inflation

by Brendan McLean   •  

Government spending in response to Covid-19

by James Sweetnam   •  

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