PMI News Online - All issues


News articles
	Engagement with value – long-term returns for responsible owners Pension funds can benefit from professional and effective engagement with portfolio companies, across both passive and actively managed strategies. As responsible owners of companies, pension funds Issue: August 2008 Author: Helena Mahoney
	American securities class actions - the future of European litigants in US courts This article discusses the advantages of American securities class actions and recent jurisdictional and other obstacles to European litigants in US courts. It also discusses alternative strategies Issue: August 2008 Author: Beata Gocyk-Farber
	Pension risk transfer solutions market now exceeds 30 players Credit crunch and increased competition has made the buy-out of pensioner liabilities cheaper Many new options (insurance and non-insurance) are available, although so far few have been taken Issue: August 2008 Author: Antony Hayes
	Environmental considerations for pension fund trustees in relation to current market developments The current crisis in Britain’s commercial property market is now worse than at any time since the early 1990s Contingencies represented by inflated property valuations are increasingly being Issue: August 2008 Author: James McNally, Dr. Simon Johnson and Magnus Burrough
	Big increase in pension enquiries as TPAS celebrates its 25th anniversary In TPAS’s 25th anniversary year, the workload continues to grow Overall, the total number of people using the service (not counting website visits) was 78,355, an increase of over 15% on the Issue: August 2008 Author: Malcolm McLean, OBE
	Ask the Expert Philip Read, UK Pensions Manager at CarnaudMetalbox asks: “Diversification of an investment portfolio is said to be a ‘no-brainer’ and a ‘free-lunch’ in reducing aggregate risk, and/or increasing Issue: August 2008 Author: Paul Craven
	Speeding up winding up A lengthy wind-up can mean members are kept uncertain about the level of benefit they will receive. And scheme assets may be depleted by costs incurred, which has the potential to impact Issue: August 2008
	The new PMI CPD scheme – easier to complete and more relevant to yo In the May issue of PMI News, Andrew Gardner, Head of Membership at the PMI, described some of the principles underpinning the new Continuing Professional Development (CPD) scheme. The PMI continues Issue: August 2008 Author: Andrew Gardner
A month in pensions
	Actuarial and Investment Matters For many years, it has been clear that life expectancy in the UK varies depending on where someone lives. Hence it is a natural extension of mortality investigations to look at members’ postcodes Issue: August 2008 Author: Richard Akroyd
	Legal Update The Department for Work and Pensions (DWP) announced on 24 June 2008 that it intended to introduce a new significant amendment to the Bill as it passed through the Lords. The amendment would Issue: August 2008 Author: Simon Tyler
	Consultancy and administration issues Until now, it has generally been the actuary who has determined the method for calculating transfer values, the assumptions used and who has certified to the trustees that this basis is consistent Issue: August 2008 Author: Robert Fairhall