Prof. John Clancy
johnmclancy.bsky.social
Prof. John Clancy
@johnmclancy.bsky.social
Visiting Professor at Birmingham City University Business School, former Leader, Birmingham City Council, former Solicitor, former English, Drama &Media teacher in inner-urban comprehensives for 25y. Also a genealogist.
https://blogsfromtheblackstuff.com
In global asset terms this converts to $0.63 Trillion. If UK LGPS a combined fund it would be the 5th biggest pension fund in the world on the latest TAI | P&I 300 ranking.
October 14, 2025 at 5:20 PM
In global asset terms this converts to $0.63 Trillion Which if it were one combined fund Would be the 5th biggest pension fund in the world on the latest TAI | P&I 300 ranking.
October 14, 2025 at 5:09 PM
PWC observed DB industry-wide discount rates at 31/3/2025
www.pwc.co.uk/pensions/ins...
We went for a prudent 5.6% in our figures. Though you’ll also see Corporate Bonds rate they’ll *have* to use for their 2025 IAS19 Liabilities is 5.8%. On that basis it really must be in the £175-200B territory.
Pensions accounting trends – 31 March 2025
Observed market practice on pensions accounting trends assumptions at 31 March 2025.
www.pwc.co.uk
June 4, 2025 at 3:18 PM
February 3, 2025 at 10:03 AM
You’ll note that even though headed up 31st March 2022, you’ll see at the base of the cover page it’s published 31st March *2023*. So we have to wait over 14 months for the change/refund in contributions, if we don’t force expedited recertification.
Council told ITN “several months” - disingenuous.
January 26, 2025 at 5:31 PM
They don’t agree as such, they just don’t challenge. They believe they *can’t* challenge. They get the bill &pay it.
Here’s what they get. The Triennial Valuation. www.wmpfonline.com/sites/defaul...
Rates &Adjustments certificate starts p39, p40 Birmingham gets ‘told’ it has to pay 27.2% for3 yrs
www.wmpfonline.com
January 25, 2025 at 11:06 AM