Ah!
The pin is in the housing not the ring (at 6 o'clock, maybe sometimes at 12), and there should be a small notch in the ring that said pin slips into. Unless . . .
. . . maybe, your mag's got a tiny screw (or two off) that go(es) 'longways', ie axially, into the inner face of the cb housing? Or the threaded holes for such - at about 4 o'clock looking in from the points end?
Some older K2Fs had this pair of 6BAs precisely spaced to take up the full width of the larger notch found on a manual A/R camring, so that the same ring could be used for manual or fixed camring mags. Later mags had a threaded hole with an eccentric-nosed setscrew screwed in from outside the housing. If yours was meant to have that, but hasn't, there'll be an 'ole, threaded 1/4 BSF from memory, in a small raised boss cast into the housing.
Whatever the case, there has to be something to locate the ring. You really can't rely on loctite or glue, it'll move for sure without.
Exact position is important for the quality of the spark, so with any luck your repairer has marked things accurately enough for you (or a mate) to maybe drill and tap a hole radially through the housing or axially into its inner surface to align with where the notch is. (Something he should have sorted out really, I reckon, if there really is no pin or other means of maintaining position.)
An inch clockwise displacement will have massively retarded the internal timing. That's well more than double the maximum retard available on a manual set-up - where the width of the notch is around 11mm.
Double check there isn't a pin or the threaded hole for one, or tiny screw(s) or empty tiny threaded holes, lurking in there before going off on a fresh journey . . .
If you wanted to post a picture or two, it might be easier for us to figure out whether there's a problem, and if so exactly what it is!
EDIT - just looking at the pix