The return of Eumaeus

Actually it should be the return of Ulysses, but never mind.

We are still working on the now very comprehensive report on equity release and the valuation of the NNEG, but the blog is back in business.

Quite a few things happened in our absence, including the publication of the Smith and Jeffery report to the Irish actuaries. We will comment on that later.

Meanwhile, fresh off the press, is the transcript of this speech by David Rule. We will comment on that too, when we have worked out what is going on.