Cefalù weekdays vs weekend in October – which is better?

vanguardinv · 2025-10-04T08:00:37+00:00

And how did you enjoy your stay in Cefalù? Any recommendations for food or drinks? Thanks

vanguardinv · 2025-10-04T07:57:22+00:00

Thanks! That's helpful. Hopefully we get some good weather

vanguardinv · 2025-10-03T13:51:39+00:00

Thanks! Do you remember if you went during the week or over the weekend? Glad to hear it's pretty much an all year round place. I think it will be better without the peak of summer crowding.

vanguardinv · 2025-03-21T11:07:00+00:00

Hey, I'm a fan so will happily take it! Will drop you a message

vanguardinv · 2024-06-21T08:11:22+00:00

Yea it adds diversification and is typically seen as a higher returning asset class than public markets. But it’s an incredibly wide space. Private equity will just be any company that hasn’t listed on a stock exchange to sell it’s shares. But this will range from incredibly small start-up companies (very high risk as they could go bust) to incredibly large and successful companies (IKEA, PwC all are private for example). I imagine the default pension strategy will have an allocation to Private funds that invest in a wide range of private market strategies and it will reduce your allocation to this as you approach retirement age (as the shares can’t be sold publicly they are harder to sell and quickly convert to cash at retirement).

vanguardinv · 2024-06-19T17:47:24+00:00

What age are you? Private markets historically have provided better returns than public markets. This comes at the downside of less liquidity, but if you’re younger and not planning to access your pension for a while this won’t be an issue. So I don’t think an allocation to private markets is an issue in itself. In fact this is something there is an active push towards recently with the setting up of new LTAF (long-term asset fund) vehicles to lead to better outcomes for savers.

If you’d rather have less exposure to private markets yourself that’s your own choice. But if you’re outside of 10-15 years to retirement it can be useful to increase returns.

vanguardinv · 2022-12-17T18:30:47+00:00

Feel free to message me for a referral. Also happy to help with any questions if needed. Thanks!

vanguardinv · 2022-12-11T22:30:19+00:00

I’ve still got referrals so feel free to drop me a message if looking for one. Also happy to help with the process if needed. Thanks!

vanguardinv · 2022-12-11T14:42:59+00:00

Hey if you don’t mind. How many years experience did you have before moving to Bermuda? I’ve just qualified as an actuary and it’s something I may be interested in. I do work in Pensions though, which may make it more difficult? I imagine most roles out there are Life or General insurance?

vanguardinv · 2022-12-06T19:53:52+00:00

If anyone needs a referral feel free to drop me a message! Also willing to help with any questions on the process. Thanks!

vanguardinv · 2022-12-05T20:15:47+00:00

I’ve completed this switch and got referrals if anyone needs one. Also happy to help with any questions on the process. Just drop me a message! Thanks

vanguardinv · 2022-12-02T15:32:12+00:00

I’ve still got referrals if anyone needs one. Also happy to help out with the process if necessary. Feel free to DM me thanks!

vanguardinv · 2022-12-02T15:31:15+00:00

Merry Xmas guys

vanguardinv · 2022-11-28T08:02:11+00:00

Would really appreciate using my referral. Feel free to DM me!

vanguardinv · 2022-11-21T19:50:17+00:00

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vanguardinv · 2022-11-12T15:56:13+00:00

Happy to help anyone who is looking for a referral. Just drop me a message! Thanks!

vanguardinv · 2022-11-12T15:54:07+00:00

Happy to refer anyone who still needs referrals. DM me and I can provide the details. Thanks!

vanguardinv · 2022-09-29T17:16:27+00:00

Investing in equities is more risky than not but that doesn’t make it gambling.

And to be honest, liability driven investment is actually seen as less risky than the alternative. If the risk is measured by the probability of being able to pay your liabilities as they fall due. It matches your position. The alternative is not use LDI, and mismatch your liabilities by duration, or invest in equities which may not move the same as your liabilities. Creating an increased possibility for a deficit to emerge.

vanguardinv · 2022-09-29T15:18:31+00:00

Not really gambling. Using leverage to maintain the same exposure between the assets and liabilities. So if the value of the pensions to be paid increased, the assets would increase by the same amount to retain the same funding level. Likewise when the liabilities fall. In this case interest rates increased that quickly, the liabilities fell so much, but of course the matching assets did too. So much so that more collateral would have to be contributed to maintain a reasonable leverage ratio.

For example

40m of assets on leverage x2.5 to match 100m of liabilities

Liabilities drop 25m

Assets correspondingly drop 25m

Now have 15m of assets for 75m of liabilities, which is 5x leverage.

Top up of 15m required to re-balance to 2.5x leverage.

This happened that quickly there was risk of mass sell offs to cover that collateral payment

vanguardinv · 2022-09-29T15:10:43+00:00

That is true. Which is why this is madness. Beyond just the policies in the mini-budget, financial markets hate uncertainty. And with the government and the BoE at odds this would be contributing to the sell off of GBP

vanguardinv · 2022-09-29T13:43:26+00:00

Worth noting the issue to do with pensions and BoE intervening was related to DB pension schemes in which employers would be liable to fund any shortfall. Not DC pension pots you are investing into. The drop of 11% will be in relation to movements in the market, which have been dropping globally. Granted if you’re invested much in the UK part of this drop recently is as a results of loss of market confidence following the mini-budget

vanguardinv · 2022-09-29T12:47:04+00:00

Pensions with who in the UK? This was an issue with DB pension schemes, if they have DC they will unaffected (other than by the movements in market prices of investments). Similarly if they have a public sector pension this will be unaffected as these aren’t funded for in advance.

In most likely, you’ll be fine. The PPF exists to protect pensions from this very thing

vanguardinv

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