Recently added articles from Pensions Management:
News: IFAs positive about OMO, but many doubt its practicability.
Jul 01, 2009 ... Byline: Owen Walker Open market option An overwhelming majority of IFAs believe it is important to achieve 100% open market option (OMO) coverage, though only 46% think it is attainable, according to Pensions Management research. The poll of 100 leading ...
News: Critical time for DB.
Jul 01, 2009 ... Byline: Nick Reeve Scheme deficits The closure of several large defined benefit (DB) schemes in the past few weeks could have a 'snowball effect' on the rest of the DB sector, according to industry commentators. Eight major UK schemes have already either ...
News: Website features the best as the mag takes a rest.
Jul 01, 2009 ... Byline: Nick Reeve Online features Summer's here again, which means while the sun tries its best to squeeze some rays through the clouds, PM will be taking a well-earned break until September. However, there will be plenty of online content to keep you up to date ...
News: S615(6) to benefit overseas staff.
Jul 01, 2009 ... Byline: Nick Reeve Cross-border saving A product that aids employees of UK companies working abroad to save in a tax- efficient pension scheme has been made available to advisers. S615(6), a company named after the HM Revenue & Customs (HMRC) law that ...
News: RDR receives tepid reception from industry.
Jul 01, 2009 ... Byline: Nick Reeve Annuities survey The Financial Services Autho-rity's retail distribution review (RDR) has attracted tentatively positive feedback from respondents to PM's annual lifetime annuities survey. The standard commission rate for advisers giving ...
Product briefs.
Jul 01, 2009 ... - MetLife and Co-operative Financial Services are the latest annuity providers to sign up to the Association of British Insurers' Options initiative, bringing the total amount of providers to 18 and accounting for 94% market share. - Investment management firm PIMCO has launched ...
News: Small firms turn to SSASs.
Jul 01, 2009 ... Byline: David Rowley Loanbacks boost The credit crunch has led to a boom in the set-up of small self-administered schemes (SSASs) among small to medium-sized employers. The shortage of credit and its relative expense is encouraging small businesses to use ...
News: Sipp providers defend 'skimming'.
Jul 01, 2009 ... Byline: Owen Walker Provider commission Self-invested personal pension (Sipp) providers have responded to criticism of their practice of earning commission on their clients' cash holdings. Often referred to as 'interest skimming', some providers generate ...
News: Domestic perspective - Holding the Tories to their promises.
Jul 01, 2009 ... Byline: Owen Walker It needed something big to knock the expenses debacle off the political debating stage, and we got it. David Cameron's Conservatives actually began to come out with some vaguely concrete economic policies. Shadow chancellor George Osbourne used ...
Investment news: BT tops responsible poll.
Jul 01, 2009 ... Byline: Tom Willetts Responsible investing The BT Pension Scheme's responsible investment policies have won top spot in a ranking of funds with sponsors that are strong in corporate responsibility. The sustainable investment company UKSIF surveyed 238 ...
News in brief.
Jul 01, 2009 ... According to research by the CFA Society, 77% of its members do not believe that market prices reflect all available information, and 67% believe that investors often fail to behave rationally. European private equity investment fell by 28% in 2008 to EU54bn (GBP46bn) according ...
News: BlackRock deal will boost ETFs at BGI.
Jul 01, 2009 ... Byline: David Ricketts Company merger BlackRock's $13.5bn (GBP8.2bn) merger with Barclay's Global Investors (BGI) could significantly enhance the latter's exc-hange traded funds (ETFs) business, experts have predicted. IShares - the jewel in BGI's crown - ...
News: Employers must release more info on scheme liabilities.
Jul 01, 2009 ... Byline: Padraig Floyd Transparency The regulator must compel employers and pension sche-mes to provide greater disclosure on scheme liabilities, according to Peter Elwin, head of accounting and valuation research at Cazenove Equities. Elwin, speaking at a ...
News: Investment spotlight - UK equities - Where do we go from here?
Jul 01, 2009 ... Byline: Ian Mcveigh - Fund manager & UK equities director - Jupiter asset management UK equities have had a strong run since their trough on March 9, thanks to improved investor confidence. The rally was initially led by bombed-out stocks, especially by banks that suffered ...
News: MPs' scheme under review.
Jul 01, 2009 ... Byline: Tom Willetts SSRB consultation A consultation on the future of the Parliamentary Contributory Pension Fund has been launched by the Senior Salaries Review Body (SSRB). With thousands of defined benefit schemes across the country closing, the ...
News: Equalisation cases expected to rise.
Jul 01, 2009 ... Byline: Charlie Kirby Legal claim Lawyers have predicted a wave of equalisation litigation, following the news that Eversheds and Mercer are facing a claim from a UK scheme. The Britannia Building Society Pension Scheme has filed, but not yet served, a ...
News in brief.
Jul 01, 2009 ... Premier Pension Services has announced record levels of new business for the year so far. The firm, which provides Sipps, group Sipps and SSASs, said the right product offering, supported by high service standards, would continue business growth. Pensions software provider ...
News: European viewpoint - Ethical investments banish prejudices.
Jul 01, 2009 ... Byline: Hjalmar Tjan This month marks the 25th anniversary of the launch of the UK's first ethical investment fund. Over the years, companies have increasingly discovered that this approach to investing can not only yield concrete economic rewards in terms of increased profits ...
News: BlackRock delivers a global fiduciary first.
Jul 01, 2009 ... Byline: David Rowley Fiduciary management BlackRock has completed the implementation of the first multinational, multi- scheme fiduciary mandate. It is now responsibile for GBP1.7bn worth of assets from the US, UK (approx GBP90m), Dutch, German and Irish ...
News: Hedge fund body deflects blame.
Jul 01, 2009 ... Byline: Nick Reeve Hedge funds The Hedge Fund Standards Board (HFSB) has hit out at recent negative press coverage of the industry following the financial crisis. Despite the industry not being singled out for criticism in any major reports, the huge ...