Commutation rules delayed until next year
Published: 11 December, 2008
The commutation of pensions below £2,000 has been delayed until 2009.
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Positive year for liability hedged funds
Published: 11 December, 2008
Liability hedging has helped a handful of pension funds achieve positive returns for over the past year.
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Interest rate cut won’t be the last, say strategists
Published: 11 December, 2008
The Bank of England’s decision to cut interest rates to 2% won’t be enough to prevent further rate cuts in 2009, according to economists.
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PPF: we’re working to help schemes out
Published: 11 December, 2008
The Pension Protection Fund (PPF) has pledged to be as flexible as it can for schemes struggling to pay the levy.
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Trickett: Watson Wyatt resisting trend to obtain fund manager licence |
Flurry of large funds seek full outsourcing
Published: 11 December, 2008
Several multi-billion pound UK pension funds are in talks aimed at fully outsourcing investment decisions to implemented consultants.
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Bacon: all schemes will have to act as a result of the change |
DB revaluation cap brought forward
Published: 11 December, 2008
The start date for the 2.5%-a-year cap on the revaluation requirements for deferred benefits has been pushed forward to April 6, 2009.
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Winterthur trips up on Sipp fund management
Published: 11 December, 2008
Winterthur has fallen foul of its fiduciary responsibilities as a trustee for a self-invested personal pension (Sipp), according to a pensions ombudsman determination.
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Trustees should seek out best investments
Published: 11 December, 2008
A key lesson from the credit crunch is for trustees to take a more active role as investors, according to a group of institutional investors.
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New Star bows out to top UK banks
Published: 11 December, 2008
New Star owner John Duffield has grudgingly agreed to hand over 95% of his troubled fund manager to Britain’s top, part-nationalised banks.
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PADA: alternative to the OMO is in pipeline
Published: 11 December, 2008
The personal accounts scheme could let a select group of insurers provide quotes to members as an alternative to the open market option (OMO).
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Nieves: derivatives will be used by the industry for years to come |
Derivatives adopted to quell downside risk
Published: 11 December, 2008
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Fund manager hit rate sinks below 50%
Published: 11 December, 2008
Half of fund managers’ investment decisions are incorrect, according to Inalytics, the equity manager selection and monitoring firm.
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Hurd: 2009 is likely to see greater consolidation of pension schemes |
Valuations in surplus despite volatile year
Published: 11 December, 2008
It has been a record-breaking year for pension scheme valuation volatility, according to Aon Consulting.
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Change at the top for best value level annuities
Published: 11 December, 2008
Aegon Scottish Equitable has become the provider of the best value level annuity after it cut its rates to lower than other providers in November.
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The savings crisis
Published: 11 December, 2008
One of the first victims of the recession could be the flow of research that highlights the percentage of Britons not contributing to a pension.
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Future secured
Published: 11 December, 2008
Letter: In a response to Steve Bee’s column in October, Ged Dale argues that with little knowledgeof what future pensions might consist, the safestaction to take is to start saving while we can
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Setting the genda for 2009 will ensure a smoother path for trustees
Published: 11 December, 2008
The events of this most unpredictable year will undoubtedly have a profound effect on 2009. The sudden and seismic shift in investment markets and economic conditions will dominate the defined contribution (DC) landscape, so plan sponsors must work from the right agenda.
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Don’t pigeonhole pensions with insurance
Published: 11 December, 2008
On June 3, 2003, the European Parliament and the Council of the European Union issued a directive “on the activities and supervision of institutions for retirement provision” as “a first step on the way to an internal market for occupational provision organised on a European scale”.
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CAMERON LAW |
Governing disclosure of the ‘engaged investor’
Published: 11 December, 2008
As a shareholder in nationalised banks, how will the government cast its own votes, asks Tom Powdrill
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NAPF training courses 2009
Published: 11 December, 2008
NAPF training courses 2009:
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View from the bridge
Published: 11 December, 2008
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Fiduciary management advanced level
Published: 11 December, 2008
Are you interested in using a fiduciary manager? Or have you already taken the step and used fiduciary management to relieve the burden on you and your fellow trustees?
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Mike Powell |
Double USS hire boosts alternatives
Published: 11 December, 2008
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Laura Aarnio |
Newton doubles up on SRI expertise
Published: 11 December, 2008
Newton Investment Management has appointed two senior investment research analysts to develop its socially responsible investment (SRI) team.
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Andy Gibb |
Gibb hired to deliver on growth at Skandia
Published: 11 December, 2008
Investment boutique InSynergy has named Andy Gibb as business development director to help deliver the firm’s growth plans.
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Daniel Temple |
Hermes builds up asset team with Temple
Published: 11 December, 2008
Hermes has named Daniel Temple as associate director to manage its market research.
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