Rock ‘n’ roll: the answer to the pensions crisis
Some of you will be in little doubt that after years of being told pensions is a dull backwater, those doing the telling were right.
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Firms brace themselves for revamped high rate tax rules
Executive pensions arrangements are set to cause more headaches for employers as they prepare for new rules for higher rate tax relief on pensions contributions.
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Graves: full Sipps will be unaffected in the short term by changes to tax relief rules, but uncertainty about the future of pensions remains |
Sipp providers fear tax changes
PM’s annual Sipp survey reveals industry concerns for the immediate future, but hope remains in the long term as the market regroups
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Webb: government must ‘stop the rot on the basic pension’ |
DWP’s state priority
The revamped Department for Work and Pensions looks set to prioritise state pension reform over the 2012 workplace changes.
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Pensions Rocks! battle of the bands raises £7,500
The inaugural Pensions Rocks! event has raised more than £7,500 for charity.
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Mackay: ‘This ruling lacks any common sense’ |
Workers locked into schemes
The industry has reacted strongly to rule changes following last month’s increase in the normal minimum pension age from 50 to 55.
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Sectors prepare for Solvency II
More than 70% of insurance groups cite preparing for Solvency II as the top concern for their risk management operations.
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Govt to bin age 75 rule
The new government’s commitment to removing compulsory annuitisation at age 75 has been warmly welcomed by the industry.
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Annuitisation must not return to recklessness
On the morning of May 7, there must have been a fair number of pensions lobbyists scratching their drowsy heads. Months of building close ties with the former Conservative shadow pensions minister Nigel Waterson looked to have been in vain at just the time when his party was in pole position to form a new government.
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Robertson: Nest chose target date funds for being ‘simple yet sophisticated’ |
Nest could hit target dates
Vanguard, the investment management firm, has warned the cautious strategy of the National Employment Savings Trust (Nest) could have a major impact on the development of target date funds in the UK.
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Rosenberg: investors see ‘significant systemic risks’ in western markets |
Discerning investors turn to frontier markets for returns
More than four in 10 UK schemes still have no exposure to emerging markets, but some have as much as 15% of their portfolio exposed to the asset class.
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The government’s key plans for pensions remain uncertain |
Industry urges coalition govt to take swift action
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Orton: transition periods are ‘much longer than hoped for’ |
PPF in £131m liability hit
The Pension Protection Fund (PPF) could be liable for millions of extra pounds in schemes where equalisation has been miscalculated.
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DC plan membership drops 3%
Membership of defined contribution (DC) schemes fell by 3% between 1997 and 2009, according to figures from the Office for National Statistics (ONS).
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SPVs favoured to plug deficits
Continued interest in special purpose vehicles (SPVs) among blue chip employers is expected to follow moves by Marks & Spencer (M&S) and Sainsbury’s.
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North and south split over provisional plans
many european governments are in the process of raising retirement ages to pay for pensions and healthcare.
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Pensions Law Handbook, 9th edition Nabarro Pensions, published by Bloomsbury Professional, £85.00 |
Whole lotta law
You’ve probably been thinking that bookshelf in your office is looking a little under-utilised and have been in the market for a tome that is both useful and suitably heavyweight to make you look more professional before your colleagues.
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One thing pensions need is certainty
party politics and speculation about what will happen to our country’s political landscape have understandably dominated our media over recent weeks.
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Getting your priorities right
Employers have the on-the-ground experience to create pensions policy, and should be an active part of the decision-making process, rather than it being left as political football
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A proper education
With the impending influx of low and medium earners into Nest, it falls to employers to ensure a reliable and accurate flow of information to staff as many save for the first time
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Mike Sullivan |
Keeping an even keel
Fresh from a consecutive two-year win for trustee excellence, Mike Sullivan tells Hjalmar Tjan about Veolia Environnement’s governance approach and the challenges of a hung parliament
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Emma Howard Boyd |
Clearing the water
The debate surrounding BP’s oil sands mining practices is highlighting the growing need for investors to be attentive to companies’ environmental activities
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Ready to boil over
The marked increase in popularity of the products, ahead of some significant regulatory changes, is putting new pressures on the market
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Schemes must pay scrupulous attention to good practice to avoid being associated with recent high-profile fraud cases |
Passing the test
Self-invested pensions have been tarnished by fraud in the past few years, but they still have much to offer, if they can prove themselves
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Still on track for change
The market has shown a healthy growth over the past several years, but many factors are colliding to create uncertainty about its future.
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Rethinking employee rewards
With a major squeeze on pensions tax relief for high earners almost certain to take place over the coming years, the executive classes will have to explore other means of saving.
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PIPA 2010: the winners
The Pension and Investment Provider Awards applaud the innovation and quality of service achieved by the industry in the past year
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Lee Robertson Chief executive Investment Forum |
Pensions switching must be tackled once and for all
The whole area of pensions switching has been a major issue for the Financial Services Authority (FSA), but how widespread are the shortcomings of high risk elements in advisory firms?
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Connell: new team has ‘talent, solutions and technological platforms’ to help clients |
Aon names Connell CEO
Alistair Connell (pic) has been named chief executive officer of Aon Consulting, effective from July 1.
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Southall wins poll for ACA chairman
Stuart Southall has been elected as chairman for the Association of Consulting Actuaries (ACA). He takes office on June 1 and will succeed Hewitt Associates’ Keith Barton.
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