Erik Jarl Pickett

Longevity actuary @ClubVita. Interested in other things too.
All opinions are my own.

[Robert Peston @Peston]

I am going to try to explain why the Bank of England has gone into the market to buy up to £65bn of UK government bonds with maturities of 20 years or more, including £1bn today. It all stems from a dramatic collapse in the price of these government bonds, called gilts, a...

[Erik Jarl Pickett @JarlPickett]

@jofo02 @Peston Thanks Jo. How common is it for pension plans to hedge yields with swaps in the UK now?

[Erik Jarl Pickett @JarlPickett]

@Sharpe_Actuary @DanivonUK @SquareAnd @AndyCobbett @Peston Thanks

[Erik Jarl Pickett @JarlPickett]

@JustLearn1ng @DanivonUK @SquareAnd @AndyCobbett @Peston Thanks

[Erik Jarl Pickett @JarlPickett]

@NormaCohen3 @Peston A defined benefit pension fund values their assets at market rate. They value their future payment promises by discounting them to the current day using an interest rate based on gilt yields. If gilts go down in value, the assets and liabilities both go down in value.

[Erik Jarl Pickett @JarlPickett]

Hi @JohnLewisRetail You gave my mum a parking fine after visiting your WGC store even though she bought and displayed a ticket. She’s 78 and can’t work the camera on her phone to attach a photo to the appeal, so you’ve upheld the fine! I expected more from you! #agediscrimination

[Erik Jarl Pickett @JarlPickett]

@HigherEdActuary We wrote about this a few years ago. Rather than focus on increasing average temperatures, I think it’s key to consider the stretching of the tails of the distribution - potentially leading to more cold related deaths and more heat related deaths. https://t.co/ik6TLLCI8x

[stuart mcdonald @ActuaryByDay]

Oh Boris!

There’s a lot wrong with this. For one thing he compared median to mean, but crucially he’s wrongly using life expectancy (LE) at birth.

LE at age 80 is 9yrs for men and 10yrs for women

LE at age 90 is 4yrs for men and 5yrs for women

ONS 👉 https://t.co/CM5WO7hBXV

[Erik Jarl Pickett @JarlPickett]

@quizeye @BristOliver I wrote a (short) piece on why logarithmic scales are useful here: https://t.co/6q2AkrG8Kn

[Erik Jarl Pickett @JarlPickett]

I’m through to the final of the qx-factor (an actuarial talent contest in support of @GreatOrmondSt ).
Deets here if you’d like to watch or support this great cause: https://t.co/qu0CWvR3mp

[Erik Jarl Pickett @JarlPickett]

Happy Thanksgiving. First time cooking for this holiday in my new home country.
Thanks @PrueLeith for the recipes, used your cookery bible for the Mac n cheese, pecan pie, roast chicken and champagne cocktail.

[Erik Jarl Pickett @JarlPickett]

@longevitygeek @time24 Finally some good news in 2020! Thanks for sharing Steve.

[Erik Jarl Pickett @JarlPickett]

Why do underdogs never lose? How will COVID-19 affect affect mortality experience analyses? Could I have been in @OneDirection if I’d tried harder? Is @Ibra_official an exception or the rule?
For answers check out my latest blog on the survivorship bias. https://t.co/Wzr4oIdFNU

[Erik Jarl Pickett @JarlPickett]

@d_a_robson @BBC_Worklife Thanks David. Great piece.

[Erik Jarl Pickett @JarlPickett]

I’m very much looking forward to hosting this webinar on Wednesday. Hope you can join us.

Register here: https://t.co/Ji2fDhHqYE

[Erik Jarl Pickett @JarlPickett]

@Calum_Cooper @RSAEvents I would think so. I haven’t checked through the stats, but I suspect they are heavily skewed by New York as well.

[Erik Jarl Pickett @JarlPickett]

Happy new year all. If you’re looking for something to occupy a few minutes today, I’ve written another #behaviorecononics blog. This time I’ve looked at the decision making shortcut, the availability heuristic. #longevity #cognitivebias Feedback welcome:) https://t.co/CnVyCbkrFK

[Erik Jarl Pickett @JarlPickett]

Webinar: December 11th, 3pm (UK) / 10am (ET)
When are people young, middle aged or old?
Why do people underestimate their lifespan?
Join me, @riskographer and @Rachellloyd78 to discuss
#Communication effects on #longevity, long-term planning and #risk. https://t.co/8kc3DZHJIQ