Changes aim to create a fairer LGPS
Published: 25 May, 2009
Widespread changes to the Local Government Pension Scheme (LGPS) are forecast as a defensive move to public reaction to deficits in 2010 triennial valuations.
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West Mids makes bold asset switch
Published: 25 May, 2009
The West Midlands Pensions Fund has made a radical change to its asset allocation in a bid to boost the efficiency of its portfolio.
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Time for war not jaw-jaw
Published: 25 May, 2009
When times are tough, the least that we can do is recognise that service with a fair, affordable and decent pension scheme
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ABI warns of ‘inertia selling’ threat to auto-enrolment
Published: 25 May, 2009
The proposed European consumer rights directive must not affect schemes’ ability to auto-enrol employees, the Association of British Insurers (ABI) has urged.
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The NAPF and ABI rounded on the Treasury over pension tax relief cuts |
Treasury has broken ‘spirit of simplification’
Published: 25 May, 2009
The new rules amount to double taxation, which breaks the tax-exempt principle of pension savings.
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Strathclyde: vows to be more selective about who it lends to |
Stock lending back on for Strathclyde fund
Published: 25 May, 2009
The Strathclyde Pension Fund has resumed its stock lending programme, with a view to making a million pounds during a lucrative eight-week period.
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BA cites actuarial process as cause of deficit
Published: 25 May, 2009
British Airways (BA) chairman Martin Broughton has blamed his firm’s spiralling pension scheme deficit on the processes employed by actuaries and accountants.
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Altmann: equities not a safe bet |
Pension funds urged not to rely on equities
Published: 25 May, 2009
A damning attack on the practice of putting pension investments in equities has been launched by independent pensions adviser Ros Altmann.
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Pensions as deferred pay, says Pension Corp
Published: 25 May, 2009
The debate over public sector pay must consider pensions as a form of payment, according to resea-rch by Pension Corporation.
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Martin: funds are ideal for savers with a cautious attitidue to risk |
HSBC unveils five key funds for wary savers
Published: 25 May, 2009
HSBC has ignited the unit-linked protected funds market with five funds that guarantee investors protection against market losses.
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Scottish Life governed range gets the OK
Published: 25 May, 2009
Scottish Life’s governed range of investments for defined contribution schemes has been endorsed by independent analysis.
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Hartnett: warns that the rush towardsb risk is ‘bubble-like’ behaviour |
Market optimism among managers
Published: 25 May, 2009
Seven out of 10 fund managers predict the global economy will improve over the next year, according to a global investment survey.
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Fund managers’ priority is returns
Published: 25 May, 2009
The role of the fund manager is to maximise returns, not to carry out corporate governance, according to the Investment Management Association (IMA) chairman Robert Jenkins.
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Belok: insured bulk annuities will grow |
Buyout remains only viable derisking option
Published: 25 May, 2009
The buyout market will bounce back as it is the only way to remove liabilities fully from company balance sheets, Aon Consulting has claimed.
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Schemes sell their assets short with short selling
Published: 25 May, 2009
Are the bevies of safeguards introduced since the Maxwell snatch of pension funds being circumvented by short selling? That was the worry I had when I introduced a bill to forbid short-term selling. Events since then have compounded my fears.
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Head to Head
Published: 25 May, 2009
In this head-to-head debate, two industry specialists put forward their arguments for the different types of annuity products currently available on the market  ■ Representing the case for lifetime annuities – Mark Ashworth, a director at Law Debenture  ■ Representing variable annuities – Peter Carter , head of product marketing at MetLife Europe
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Usman Hayat is director of Islamic finance and ESG Investing at CFA Institute |
Islamic pension funds in the UK: is the idea bigger than the market?
Published: 25 May, 2009
The actions of financial institutions in the UK imply that they are not bearish about Islamic financial services.
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Environment: an investment opportunity?
Published: 25 May, 2009
“Green technology will be one of the great growth sectors of the world economy over the next few years”. This statement, made by chancellor Alistair Darling while delivering the Budget is being echoed by political leaders the world over.
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Open season on CEOs and toxic bonuses
Published: 25 May, 2009
With chairmen standing down and votes against on the increase, shareholder activism is entering a new phase, says Tom Powdrill.
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Simon O’Connor - Head of products and marketing, Lincoln Financial |
Simon O’Connor
Published: 25 May, 2009
Have you ever had that burning desire to jump aboard a racing bike and career off into the earest bit of countryside? That’s just how Simon O’Connor, head of products and marketing at Lincoln Financial felt after seeing a bunch of muddy, happy cyclists gatecrash his local café one warm autumnal afternoon.
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QUESTION ONE - What should HMRC’s trivial
commutation limit be? |
Current issues
Published: 25 May, 2009
Swaps, political parties and trivial commutation enter the fray as Pensions Week polls its panel of expert trustees.
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A rose by any other name
Published: 25 May, 2009
Following success in the Dutch market, fiduciary management has taken various forms in the UK pensions industry. Gill Wadsworth investigates the all-in-one service.
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Enter the second wave
Published: 25 May, 2009
Paul Boerboom explains the lessons learnt from the first generation of schemes changing their investment and risk management organisations to fiduciary outsourcing
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IMA renews board with quartet of hires
Published: 25 May, 2009
The Investment Management Association (IMA) announced four new board members at its AGM on May 19.
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Slater makes MD at Ortec Finance
Published: 25 May, 2009
Risk consultancy firm Ortec Finance has appointed Andrew Slater as managing director, to be based in its new London office.
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BNY Mellon appoints Keaney Euro chair
Published: 25 May, 2009
The Bank of New York Mellon (BNYM) has appointed Timothy Keaney as head of global client management and chairman of Europe.
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Miles joins the board of directors at ITS
Published: 25 May, 2009
Independent Trustee Services (ITS) has hired Martin Miles to its board of directors.
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