Is climate change investing incompatible with SRI?
Pension schemes must disclose whether they have a policy on social, environmental and ethical investment in their Statement of Investment Principles. Many have decided that the interests of their
Issue: July 2008 Author: Ann Ellis

The true price for Clearance – an ongoing debate
Advisers and employers alike fail to see a reason why there is an additional price to pay if they opt for Clearance. If a scheme’s liabilities are truly represented by ‘technical provisions’ and if
Issue: July 2008 Author: Clive Pugh and Richard Knight

Investment and governance
Obtaining genuinely independent investment advice is a challenge for many trustees. As the differentiation between investment advisers and solution providers becomes increasingly blurred, the
Issue: July 2008 Author: Christopher Edge

The role of secretary to trustees
Members believe the role of secretary to trustees is undervalued Some form of practical training would be of value to help raise standards Any form of new qualification should not detract from the
Issue: July 2008 Author: Bob Richardson FPMI

DWP publishes final transfer value regulations – at last!
Employees now change jobs more often than in the past. Such turnover, combined with transfer values that have historically been set at low levels, has led to an increase in the proportion of
Issue: July 2008 Author: Gerald McClushion

Ask the Expert
As a trustee, should I be worried about my responsibility for detecting and reporting
Issue: July 2008 Author: Ian Bell

Enhanced transfer values - useful in a pension scheme’s toolkit?
In the search for effective methods to manage liabilities, no book should be judged simply by its cover. There is perhaps no better example of this than enhanced transfer values. Yes, the ‘cover’
Issue: July 2008 Author: Margaret Snowdon

Retirement options and DC work
Trustees have a duty to ensure that there is a process in place to convert a member’s money purchase fund into a retirement income. This is sometimes known as the ‘decumulation process.’ Unless a
Issue: July 2008 Author: Celia Fogden

Actuarial and Investment Matters
At the end of May, the Pension Protection Fund (PPF) Board announced the final scaling factor and multiplier for the 2008/09 levy. The scaling factor used to calculate the risk-based element has
Issue: July 2008 Author: Richard Akroyd

Legal Update
The Government has agreed a deal between unions and employers which will give agency workers the same basic working and employment conditions as their permanent colleagues. Occupational pension
Issue: July 2008 Author: Nicola Bumpus

Consultancy and Administration Issues
One of the regulator’s statutory objectives (as set out in section 5(1)(d) of the Pensions Act 2004) is: “to promote, and improve the understanding of, the good administration of work-based pension
Issue: July 2008 Author: Peter Scott