Wagons roll!
Steve Delo, PMI President tells us about the key actions that the Institute intends to carry out over the forthcoming year in order to drive forward its expansion plans and discusses the broad
Issue: October 2008 Author: Steve Delo

Trust v contract - the debate continues
There has been a growing tendency for Group Personal Pensions to be recommended to larger employers in recent years This is often on the pretext of a lower administrative and regulatory burden for
Issue: October 2008 Author: Stephen Tiley

Risk in DB pensions - a jobsworth box
Over two articles we consider the central analysis of defined benefit (DB) pension scheme finance and their regulatory implications. We conclude that much of the analysis is severely flawed, as
Issue: October 2008 Author: Con Keating and Andrew Slater

Trustee secretary – how your role differs if you have a corporate trustee
In recent months PMI News has looked at the role of secretary to trustees. This article explores the differences between a secretary to a corporate trustee and individual trustees. Now is a good
Issue: October 2008 Author: Mark Baker

Four golden rules for the golden years
In recent times the life expectancy assumption has come to dominate funding discussions between sponsors and trustees. But, how do trustees know when they have received good longevity advice? In
Issue: October 2008 Author: Steven Baxter

Forthcoming work from the regulator
The Pensions Regulator previews what we might expect to see over the next few
Issue: October 2008

Ask the Expert
“My auditor wants to introduce a liability cap into our contract. Is this allowed and how should we satisfy ourselves that the audit and our exposure will not suffer as a
Issue: October 2008 Author: Neil Knights

Conflicts of interest – Trustees’ Policy September 2008
Although it is not a regulatory requirement, trustees should recognise the importance of understanding conflicts that may arise in managing a pension scheme and should have effective processes in
Issue: October 2008 Author: Margaret Snowdon

Actuarial and Investment Matters
The new regulations covering cash equivalent transfer values (CETVs) came into force on 1 October 2008, and the responsibility for determining transfer values now rests solely with the trustees of
Issue: October 2008 Author: Richard Akroyd

Legal Update
In a consultation paper published in May 2008, the Department for Work and Pensions (DWP) revealed that it would remove certain restrictions that currently apply under occupational pension schemes
Issue: October 2008 Author: Simon Tyler

Consultancy and administration issues
The advent of tax simplification has meant that new legislative requirements need to be met to ensure that a payment is authorised, otherwise pension schemes and members will be subject to tax
Issue: October 2008 Author: Richard Wyatt