Brendan Burgess
Founder
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Truly, I tell you, no prophet is accepted in his hometown.
Colm outlined his proposals here back in 2019 but he has been banging his head against a brick wall with the Irish authorities.
Now Colm has adapted his proposals for the Irish auto-enrolment system to the UK's and has won a major award from the UK Institute and Faculty of Actuaries.
“A New Approach to Auto-Enrolled Pensions”. In it, he proposed “a reform to the UK’s current auto-enrolment (AE) system, which delivers more than 50% better value for members, and can be extended to improve outcomes for retirees under DB and non-AE DC arrangements . . . By shifting the investment focus from short-term returns to sustainable returns over a 50-year plus investment horizon, it will ensure that investment is premised on societal needs and the green transition”.
web.actuaries.ie
Colm outlined his proposals here back in 2019 but he has been banging his head against a brick wall with the Irish authorities.
My proposal for one fund with a smoothed return
I nearly wept this morning, hearing Regina Doherty on RTE with Rachel English, going over old ground of people having to decide whether they want to be low, medium or high risk; what happens if markets tumble on the day people retire; the carousel (probably one of the most ridiculous concepts...
www.askaboutmoney.com
Now Colm has adapted his proposals for the Irish auto-enrolment system to the UK's and has won a major award from the UK Institute and Faculty of Actuaries.
“A New Approach to Auto-Enrolled Pensions”. In it, he proposed “a reform to the UK’s current auto-enrolment (AE) system, which delivers more than 50% better value for members, and can be extended to improve outcomes for retirees under DB and non-AE DC arrangements . . . By shifting the investment focus from short-term returns to sustainable returns over a 50-year plus investment horizon, it will ensure that investment is premised on societal needs and the green transition”.
SAI Past President, Colm Fagan, wins Frank Redington Prize
We are delighted to announce that Colm Fagan, a Past President of the Society of Actuaries in Ireland, is a co-winner of the inaugural Frank Redington Prizes, awarded by the UK Institute and Faculty of Actuaries (IFoA). Frank Redington (1906 – 1984) is widely recognised as a great thinker who...
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