Please take your seats for PIPA 2009
Published: 06 April, 2009
The event What makes a PIPA awards winner? All of the entrants on the right will have had to give evidence of their successes in 2008, their innovation, their service and their competitive edge. This provides the judges with a consistent method of scoring each entrant. Beyond this, what one judge determines as the x-factor can differ to other judges, which is why when we sit down as a judging panel, we encourage a healthy exchange of views as to who has done the most to win. Our judges are listed below.
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What has not been touched upon is the deep resentment the issue has created among ordinary people |
Ushering in an era of disclosure
Published: 06 April, 2009
This is not the first time I have written about Fred Goodwin’s pension, and I wish I could say that it would be the last. However, as the demonstrations in the City last week have shown, the whole nation is still, as the Americans would say, seeking closure on the issue.
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Tories seek to postpone override regs
Published: 06 April, 2009
David Cameron and senior Conservatives have signed an early day motion to revoke a slew of pensions regulations due to come into force this week.
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Flexible Sipp for staff at Morrisons
Published: 06 April, 2009
Supermarket chain Morrisons Group has launched a group self-invested personal pension (Sipp) scheme as an additional savings vehicle for staff.
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CBI calls for risk pass-through to be rolled out across UK
Published: 06 April, 2009
A private sector employer has refused to employ 225 ex-public sector employees after being posed with their £20m pension liability.
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Strength of Trafalgar to benefit smaller schemes
Published: 06 April, 2009
The £1.3bn Trafalgar House Pensions Trust is considering taking on struggling small and medium-sized schemes that lack enough governance to achieve strong investment returns.
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Cheseldine: some funds lack due diligence |
DC schemes warned over money fund risks
Published: 06 April, 2009
Investment consultants are advising trustees of defined contribution schemes to abandon money market funds that lack robust due diligence.
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Biggest state pension rise since 2001
Published: 06 April, 2009
The weekly full basic state pension will rise by 5% from £90.70 to £95.25 from today.
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Equities’ portfolio dominance wanes
Published: 06 April, 2009
Equities constituted less than half of the average pension scheme portfolio for the first time last year.
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Schemes warned against inertia in investing
Published: 06 April, 2009
A polarisation in scheme results over 2008 has shown the dangers of investment inertia, claims Hewitt Associates.
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BoE plan grows by 12% after 2007 equity sale
Published: 06 April, 2009
The Bank of England (BoE) has revealed it liquidated its entire equities portfolio from its pension scheme before the recession hit.
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Volatility increases deficits
Published: 06 April, 2009
The aggregate deficit of the UK’s defined benefit schemes stood at £36bn at the end of March, according to Aon Consulting.
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Advisory body adds voice to calls for emergency savings
Published: 06 April, 2009
The Pensions Advisory Service has joined the clamour for employees to be given emergency access to their pension pots.
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Manser: auditors will play a role |
Investors must push for hedge fund clarity
Published: 06 April, 2009
Any improvements in governance for hedge funds should be prompted by investors and not regulators, according to Axa Investment Managers (Axa IM).
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Recession prompts rise in salary sacrifice
Published: 06 April, 2009
An increasing number of schemes are looking to trim costs by implementing salary sacrifice arrangements and opting for bundled service provision, according to Fidelity.
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Funds team up to push for global green choices
Published: 06 April, 2009
Pension schemes have joined forces with institutional investors to urge the world’s largest economies to provide more green investment opportunities.
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Hermes transfers direct portfolio to Bridgepoint
Published: 06 April, 2009
Hermes has exited from direct private equity investment to focus on private equity fund-of-funds.
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Clive Gilchrist - Managing director, Bestrustees |
Predicting future problems for the DC generation
Published: 06 April, 2009
At last month’s National Association of Pension Funds (NAPF) investment conference, the government and the Finanical Services Authority, in two keynote speeches from Paul Myners and Hector Sants respectively, effectively blamed trustees for the banking failures and exhorted them to do more on governance. The audience were not impressed, seeing this for the buck-passing nonsense that it is. It is also symptomatic of a wider problem; why are trustees always in the firing line?
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Monica Fan is vice-president at State Street Global Advisors |
Dynamic currency strategies are needed to survive volatile markets
Published: 06 April, 2009
Newer, dynamic hedging strategies that straddle active and passive strategies provide better shelter for pension plans in these volatile markets.
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Protect and serve: trustee liabilities
Published: 06 April, 2009
The responsibilities and potential culpability of pension scheme trustees have increased significantly in recent years.
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Will blood be spilt at high profile AGMs?
Published: 06 April, 2009
As Marks & Spencer faces the music again regarding combined roles, RBS may be the first bank to lose a remuneration vote, says Tom Powdrill
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François Barker - Partner and national head of pensions, Hammonds |
François Barker
Published: 06 April, 2009
Regulation, regulation, regulation A couple of numbers have caught my eye in the past few weeks – 350 and 60, since you ask. 350 is an estimate of the total DB pensions deficit (in £billions); 60 is a stab at the percentage of the increased regulatory cost of pensions represented by mandatory inflation-proofing. They are both guesswork, but they are also symptomatic of the burdens on sponsors that need to be addressed if DB provision is to have any chance of a future.
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DC fund platforms - beginners’ level
Published: 06 April, 2009
Almost a decade ago, retail fund distribution was blown apart by the introduction of the first fund supermarket. This revolutionary idea, offering investors the ability to buy and hold the funds of many providers in one account, was quickly adopted by consumers and is now well established as a mainstream route to buying funds.
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Perfect time to make the exchange
Published: 06 April, 2009
Currency is being highlighted as a valuable method of diversifying a modern portfolio, and there is a plethora of ways to implement currency investments,says Torquil Wheatley
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Psolve adds strings to bow with quartet
Published: 06 April, 2009
Psolve Asset Solutions has appointed Sathish Ramdayal (pic) as an investment adviser to help develop asset allocation solutions for the firm’s existing client base.
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Tillman returns to Hewitt as consultant
Published: 06 April, 2009
Hewitt Associates has reappointed Gavin Tillman as a member of its UK investment consulting team.
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Mercer outsourcing recruits Williams
Published: 06 April, 2009
Mercer has appointed Mike Williams as head of change management for its outsourcing business.
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Crispin to head up Europe team at Mercer
Published: 06 April, 2009
Mercer has appointed Jeff Crispin as a principal in Sentinel Group, its specialist investment operations, implementation and governance arm.
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Disabled firefighters win pensions dispute
Published: 06 April, 2009
A landmark ruling from the Court of Appeal has guaranteed that disabled firefighters will be able to collect an ill health pension.
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