Alarming reports on university super. I am hearing quite alarming things about the defined benefits university superannuation scheme. What I would describe as “a normally reliable source” tells me that there’s not enough in the kitty to meet the obligations unless there is a very surprising increase in investment returns. Downward adjustments to payments look like being necessary. And there’s a strong suggestion that the scheme is extremely biased against younger contributors to the fund compared with their colleagues who are closer to retirement age.
Waiting for the winner. Only two more sleeps — or maybe it’s three as I still get confused by that international date line — before we announce the winner of our . The magazine has announced that North Korean leader Kim Jong-un topped its readers’ poll but the official choice of its editors is to come in the US on the morning of 19 December. If they follow the advice of our readers who are competing for a First Dog calendar the gong will go not to Kim Jong-un but the Russian songstresses P-ssy Riot.