Actuarial fees see councils ditch and switch
Published: 16 February, 2009
Concern over the cost of actuarial fees has helped Barnett Waddingham win three local authority clients from Mercer, Hymans Robertson and Hewitt Associates.
|
NAPF gets tough with amendments to voting rules
Published: 16 February, 2009
The National Association of Pension Funds (NAPF) has created tough new corporate governance standards for company chairmen ahead of this year’s AGM season.
|
More schemes sign up to take on corporates
Published: 16 February, 2009
Demand for shareholder engagement services have soared amid concerns that organisations such as the National Association of Pension Funds (NAPF) failed to do enough to prevent corporate excess.
|
|
Howorth: raising the levy ceiling would be insensitive |
Pressure mounts on govt to suspend levy
Published: 16 February, 2009
The government is facing a fresh call to reduce or temporarily suspend Pension Protection Fund (PPF) levies for companies in financial distress.
|
Buyout sees reshuffle in market share
Published: 16 February, 2009
Legal & General (L&G) leapfrogged Paternoster to become the buyout market leader last year by the value and number of deals.
|
Letters to the editor
Published: 16 February, 2009
n The argument that ‘Indexation must end to save firms’ (PW 09/02/09) encapsulated various comments from opportunistic pundits seeking to rekindle this argument on flexibility.
|
Execs fear pension schemes put their firms in jeopardy
Published: 16 February, 2009
More than one in 10 companies in the UK, Canada, Hong Kong, Netherlands and the US see their pension fund as a threat to their survival.
|
|
Kennell: the deal is a result of two years' work |
Regulator secures deal for Sea Containers plans
Published: 16 February, 2009
The Pensions Regulator has approved the financial support arrangements for the two Sea Containers pension schemes to reduce their funding deficits.
|
Confusion looms over buy-in default process
Published: 16 February, 2009
More uncertainty has been created over who compensates members in the event of a buy-in insurer defaulting.
|
|
Sonia Uys - Alternatives product specialist |
Sonia Uys: Taking a market-neutral approach
Published: 16 February, 2009
Equity market-neutral funds have proved their ability to deliver steady returns in this bear market. We expect pension demand for them to grow as income-generating assets become ever more attractive now that interest rates in the UK and the US are heading to zero.
|
Boost for low paid at BT
Published: 16 February, 2009
BT has set a unique minimum employer contribution of £1,250 a year for members of its new group self-invested personal pension.
|
Salary sacrifice made easier with animated modeller
Published: 16 February, 2009
Scottish Widows has launched an animated modeller that allows schemes and employees to view four pricing scenarios for salary sacrifice.
|
Insolvencies a warning to trustees
Published: 16 February, 2009
Trustees are being urged to assess their sponsor’s ability to meet long-term pension commitments after a massive increase in corporate insolvencies.
|
|
Myners: expenditure is much lower than many people believe |
Govt refutes union deal to put reforms on hold
Published: 16 February, 2009
The government has denied that any agreement has been struck with the trade union movement to delay reform of public sector pensions.
|
Standard Life applauded for Sterling move
Published: 16 February, 2009
Standard Life has made a “cash injection” of £100m into its Sterling fund to address the fall in value that affected many of its customers.
|
A hard bargain
Published: 16 February, 2009
ANALYSIS: As pressure grows on pension schemes to cut costs, negotiations on consultants’ fees are focusing on performance, says David Rowley
|
|
Tim Jones - Chief executive officer, Personal Accounts Delivery Authority |
Tim Jones: PADA is paving the way for personal accounts
Published: 16 February, 2009
Some of you may know that I was a bit of a muso in the past, with aspirations of challenging the musical greats of the time.
|
|
Maddi Forrester is head of UK distribution at Threadneedle |
The RDR’s quest for clarity could lead to further confusion for consumers
Published: 16 February, 2009
While most employers would echo many of the FSA’s desires, the RDR may not help in bringing about these outcomes
|
Default funds: a look into the future
Published: 16 February, 2009
From 2012, any schemes exempt from personal accounts will need to offer a default fund and an automatic opt-in. The size of total contributions invested in default funds will therefore increase.
|
It’s up to trustees to not let assets slide
Published: 16 February, 2009
The crises of 2008 should result in a more attentive approach by trustees to their fiduciary duties, says Catherine Howarth
|
|
John Walbaum - Partner, Hymans Robertson |
John Walbaum
Published: 16 February, 2009
A life on the ocean wave, a home on the rolling deep, where the scattered waters rave, and the winds their revels keep… If packing it all up and sailing away for a few weeks is your idea of solitary bliss, you have something in common with John Walbaum, partner at Hymans Robertson.
|
Dynamic mix
Published: 16 February, 2009
The 2008 banking crisis uncovered how uncorrelated bond markets have become, meaning investors must choose their fund manager wisely to extract the best returns in a rapidly-changing environment, says Ashley Goldblatt
|
Rights issues and employer covenants - intermediate level
Published: 16 February, 2009
Whatever the reasons for companies undertaking a rights issue, the funds raised will always improve the net asset position of the company.This will strengthen its employer covenant from a pension scheme perspective – at least in the short term.
|
Cardano appoints pair for property projects
Published: 16 February, 2009
Investment and risk services provider Cardano has made two appointments to its London-based investment management team.
|
Watson Wyatt welcomes Graham
Published: 16 February, 2009
Watson Wyatt has appointed Clive Graham as a senior consultant in its benefits team in London.
|
Buck looks to expand with hire of Gilfeather
Published: 16 February, 2009
Buck Consultants has appointed Sean Gilfeather to lead its development in Scotland.
|
Punter targets Scotland with Gordon
Published: 16 February, 2009
Punter Southall has appointed John Gordon as a senior consultant in its Edinburgh office.
|