PMI News Online - All issues


News articles
	Outsourcing scheme administration – the challenge to trustees Outsourcing scheme administration has grown in popularity. Factors such as employers wishing to focus on core business activities, improve service delivery and reduce costs have driven this growth. Issue: November 2007 Author: Purdey Castle, Solicitor and Angela Cha, Partner
	The risks in defined contribution pensions The Technical Support and Research Committee of the Pensions Board have set up a working party to consider the inherent risks within defined contribution (DC) pension arrangements. Once identified, Issue: November 2007 Author: Lesley Carline, FPMI
	How to invest defensively in property • Rising property yields reflect increased risk • Buying property for income rather than capital growth is a low risk strategy • Short leases, break clauses and weak tenants produce higher income Issue: November 2007 Author: Nick Yeomans
	Managing the end game – helping the members through the process Previous articles have considered the end game (the closing of defined benefit schemes and their replacement with some sort of hybrid arrangement, or pure defined contribution scheme) from the point Issue: November 2007 Author: Hannah Clarke
	Pension schemes for the 21st century “We did have the best pension provision of any Western country ten years ago, but today many final schemes are closed to new members or are in wind up, leaving more people worrying about the Issue: November 2007 Author: John Wilson LLB (Hons), ACII, APMI
	The Pensions Ombudsman and the Financial Ombudsman Service - merging two different complaint handling regimes The recently published Review of Pensions Institutions recommended that the Pensions Ombudsman be merged with the Financial Ombudsman Service. In this article, we consider some of the main Issue: November 2007 Author: Ian Mason, Partner and Laura Cooke, Associate in BLG’s Professional Liability and Commercial Litigation Department and Mark Howard, Associate Director in BLG’s Employment and Pensions Department
	Pensions Regulator – revised clearance guidance The Pensions Regulator has recently published revised clearance guidance for consultation, with a deadline for responses of 2 November. Martine Trouard-Riolle, head of corporate risk management at Issue: November 2007 Author: Martine Trouard-Riolle
	Ask the Expert Brian Critchell FPMI asks: “Since your first column in August PMI News, the reported surplus in the UK's largest pension funds moved from a Ł9 billion surplus on an IAS 19 basis to a Ł21 billion Issue: November 2007 Author: Geoff Cheetham
A month in pensions
	Actuarial and Investment Matters Evidence suggests that more choice is not necessarily better choice for members of defined contribution (DC) plans. As members continue to show very little ability or willingness to make investment Issue: November 2007 Author: Gary Smith
	Legal Update The Pensions Regulator has published, for consultation, draft revised guidance on clearance. Clearance is a voluntary process that allows employers to obtain an assurance from the regulator that it Issue: November 2007 Author: Simon Tyler
	Consultancy and Administration Issues When relaxations in the legislation occur it is important that trustees are aware of the implications to their pension schemes. The Finance Act 2007 now provides some opportunities for pension Issue: November 2007 Author: Richard Wyatt