All the data you could want
Published: 30 March, 2009
Trustees are being swamped by information, according to our anonymous survey of trustees and pension fund managers, the Trusty30 (page 18). But far from complaining, some of them actually like it. Their burdens of responsibilities mean they need access to useful facts and advice on the choices facing them.
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Trustees satisfied with governance
Published: 30 March, 2009
Most trustees and pension fund managers back current levels of governance requirements for their schemes.
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South Yorks denies bank malpractice
Published: 30 March, 2009
The South Yorkshire Pensions Authority deposited cash with an Icelandic bank to avoid flouting its own governance rules, Pensions Week can reveal.
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NAPF speaks up in support of corp governance
Published: 30 March, 2009
The National Association of Pension Funds (NAPF) is to launch a venture next month to help pension schemes take collective action to improve corporate governance.
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Segars: the government needs to be bold on pensions |
NAPF fights on several fronts to save DB funds
Published: 30 March, 2009
The National Association of Pension Funds (NAPF) has ratcheted up its effort to save defined benefit (DB) schemes from closure with a range of initiatives.
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Small funds opt for ETC strategy to hedge risk
Published: 30 March, 2009
Small to medium-sized pension funds are showing new interest in gold-based exchange traded commodities (ETCs) to hedge equity exposure against the recession.
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Frustration over commutation delay
Published: 30 March, 2009
Regulations allowing for trivial commutation have been put off until autumn.
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Field: trustees would be obliged to reveal the quantity of stock lent to short-sellers this year |
Field gathers support for short selling bill
Published: 30 March, 2009
Former welfare reform minister Frank Field has launched a private members’ bill to ban the short selling of shares, with the support of 11 Labour MPs.
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Scottish Widows hearing date confirmed
Published: 30 March, 2009
Scottish Widows will face a full court hearing into the allegation that it mis-sold investment funds to a pension scheme this August.
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The Avon Pension Fund: not investing in property has softened the blow |
Avon averts huge loss from property
Published: 30 March, 2009
The £1.8bn Avon Pension Fund has saved millions of pounds by delaying a 10% allocation to property for 18 months.
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PPF reviews feedback on levy formula
Published: 30 March, 2009
Dun & Bradstreet’s credit ratings have been a common complaint on the consultation into designing a fairer Pension Protection Fund (PPF) levy.
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The Professional Footballers’ scheme allows members to take cash |
Cash benefit DB funds short-changed by levy
Published: 30 March, 2009
The Pension Protection Fund (PPF) has refuted a claim that its methodology for the scheme-based levy is unsuitable for defined benefit (DB) schemes where members accrue cash benefits.
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Firms join forces for pension solution
Published: 30 March, 2009
Aon Consulting is to offer pension funds a one-stop shop for consulting and fund management, through a partnership with Russell Investments.
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Steve Bee - Head of pension policy, Scottish Life |
Clearing up the confusion on qualifying earnings
Published: 30 March, 2009
One of the main changes that will be brought about by the Pensions Act 2008 in 2012 is that all employers in the UK will be required to have something called a qualifying workplace pension scheme (QWPS) available, so that their eligible employees can be auto-enrolled into it.
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Building a case
Published: 30 March, 2009
Analysis: Legal nuances in the UK have thus far meant a lower take-up of class actions here than in the US, says Charlie Kirby, but the credit crunch fallout is pushing it rapidly up trustees’ agenda
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Adeline Chapman is a legal assistant at Sacker & Partners |
Selection panels can appoint MNTs using a more focused procedure
Published: 30 March, 2009
With the move to 50% member-nominated trustees (MNTs) still expected, and the demands on trustees increasing, more schemes are opting to select their MNTs, rather than rely on elections.
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How to choose a contract DC provider
Published: 30 March, 2009
With a vast array of insurance companies offering pension products, what factors do employers need to consider before deciding who to appoint to run their contract-based scheme? It’s not easy. There are many factors to take into consideration, and cost is not the only issue. Employers can certainly make this decision on their own. But with a growing focus on governance, employers are increasingly looking to pension consultants to guide and advise them.
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Take responsibility or have it taken from you
Published: 30 March, 2009
Governance reform is dependent on strong shareholder engagement, says Tom Powdrill, or regulators may be for forced to step in to pick up the slack.
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Kevin Newton - Finance director, Prosperis |
Kevin Newton
Published: 30 March, 2009
Office life, particularly for City types, can be quite stifling. A lack of parks, trees and space can make one feel claustrophobic, so it’s little wonder that Kevin Newton, finance director at Yorkshire-based wealth management company Prosperis, gets his kicks outside of work by embarking on challenging walks.
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Trustee workloads
Published: 30 March, 2009
In this month’s Trusty 30 survey, Pensions Week asks schemes whether they are saturated or undersupplied with information – and how much of it is truly useful.
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Engaging the younger workforce
Published: 30 March, 2009
How successful are we at engaging young employees on pensions? What works best, and what age range defines ‘younger people’?
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In a class of its own
Published: 30 March, 2009
What exactly is an absolute return fund made of? What are the risks and what does its success look like, asks Quentin Fitzsimmons
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Sullivan confirmed as president at PMI
Published: 30 March, 2009
The Pensions Management Institute (PMI) has elected Mike Sullivan as president to succeed Steve Delo in July.
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Gibbs gets top comms role at B&CE
Published: 30 March, 2009
B&CE Benefit Schemes has appointed Jo Gibbs as communications manager.
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Adamson’s admin experience to benefit JLT
Published: 30 March, 2009
JLT Benefit Solutions has appointed Mark Adamson as client director to work across the firm’s administration services.
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Jones is announced as Xafinity sales director
Published: 30 March, 2009
Xafinity Consulting has appointed Lyndon Jones as sales director of the firm’s national sales team.
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