Dealing with conflicts – some practical steps
Conflicts will arise during the life of a pension scheme. The importance of managing conflicts has been highlighted by the introduction of section 175 of the Companies Act 2006. The Pensions
Issue: November 2008 Author: Shamim Akhtar

War is too important to be left to Generals – Money Policy, likewise, to Central Bankers
Generals are often accused of living in the past; of aiming for outdated objectives; of fighting today’s wars with yesterday’s tactics. The charge is perhaps better levelled at Central
Issue: November 2008 Author: Roger Nightingale

Winding-up - guidance on avoiding the pain?
In June 2008 the Department of Work and Pensions (DWP), Pensions Protection Fund (PPF) and the Pensions Regulator issued guidance in an attempt to speed up the winding-up process. The view is that
Issue: November 2008 Author: Adrian Kennett

Design and implementation of the Jobsworth box - selected issues from UK defined benefit regulation
This article follows on from last month’s discussion of the Department for Work and Pensions’ (DWP) risk sharing consultation by considering aspects of the institutional design and implementation of
Issue: November 2008 Author: Con Keating and Andrew Slater

Transfer out inducements
Transfer value take up amongst members has been poor in recent years Inducements to members to take a transfer value can help employers reduce liabilities and future funding
Issue: November 2008 Author: David Brown

Developing the bulk annuity market – how trustees and sponsors can overcome the potential obstacles
There are currently many more quotes than deals What is putting trustees off managing risks in this way? Trustees and sponsors are being deterred for a number of practical reasons However, these
Issue: November 2008 Author: James Staveley-Wadham

QPA work based units – making the case
A wide-ranging problem is that many Qualification in Pension Administration (QPA) candidates seem to race through the exam-based units and then either fail to complete the work-based units, or take
Issue: November 2008 Author: Guy M Dove APMI

TKU – refreshed to remain relevant
Regulated community learning manager Terry Clayworth explains the recent move by the Pensions Regulator to refresh the trustee knowledge and understanding (TKU) code and scope for
Issue: November 2008 Author: Terry Clayworth

Ask the Expert
Are hedge funds to blame for the financial
Issue: November 2008 Author: Paul Craven

Actuarial and Investment Matters
With increasing workloads for trustees it is not surprising that, for many schemes, Additional Voluntary Contributions (AVCs) never quite get sufficient time on the agenda at trustee meetings. This
Issue: November 2008 Author: Guy Winter

Legal Update
Since 1 October 2008, trustees have had responsibility for the calculation of cash equivalent transfer values. The regulator’s guidance is intended to help the trustees understand their new
Issue: November 2008 Author: Nicola Bumpus

Consultancy and administration issues
Between 6 April 1978 and 5 April 1997, employers with defined benefit (DB) schemes could contract out of the State Earnings Related Pension Scheme (SERPS) by providing members with a specified
Issue: November 2008 Author: David King