The February 2001 issue of Pensions World

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COMMENT
  • Whose risk is it?
    Promising much without a sensible funding strategy is akin to bungee jumping without a rope. Scrap the MFR and issue a better safety net, says Alan Pickering NAPF chairman.
3
CURRENT EVENTS
  • A summary of current news including:
5/6/8/9/11/12/13/14
ME AND MY PENSION
  • Mum’s the word
    Taking financial advice from friends and family is not always recommended, but it is sometimes the best policy by far, as Alan Pickering NAPF chairman reveals.
16
EQUITABLE SPECIAL
  • Trustee topics: Don’t panic!
    Those concerned in the Equitable Life case have been reaching for the panic button, not least the trustees who chose Equitable’s policies for their schemes. Do you face a firing squad? Have no fear: our hero Tim Giles comes to the rescue with some sound advice.
  • Equitable, who?
    There are good judgments and there are bad ones… and then there are abominable ones. Tim Cox expresses his concerns over the legal wrangling surrounding the Equitable Life case.
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COMMUNICATIONS
  • Ray of hope
    I once was lost, but now am found: Anthony Hodges lights a path for the effective communication of pension issues to employees.
22
PENSIONS REDESIGN
  • Delivering the goods
    You can lick it, you can even stick it, but a stamp without a letter is worthless. Put some quality communication in your pension scheme, says Christine Gregory of The Post Office.
25
BENEFIT STATEMENTS
  • First contact
    Science fiction dictates that first contact should be with an ICBM. However, Derek Tame believes schemes could do better by issuing combined pension statements: it’s more friendly, for a start.
29
INCAPACITY BENEFITS
  • All in the mind
    Beware of those small voices that murmur against awarding an incapacity benefit. Alastair Meeks examines how trustees must deal with claims of non-physically evidenced illness.
33
PRE RETIREMENT
  • Time for a change
    The duffel coat has had its day! Grey power demands more than a knitting pattern from Pontefract, while pre retirement preparation is becoming an important employee benefit in the UK. Simoney Girard finds out why.
35
INVESTMENT FEES SURVEY
  • Only monkeys work for peanuts
    Here they come, walking down the street, they get the funniest looks from the trustees they meet. No wonder, says Allison Plager: some investment managers may be charging high fees for monkeying around.
41
AUSTRALIAN PENSIONS
  • Lessons from down under
    With their cricketing prowess, it hardly seems fair that they should have a simple, working pensions system also. Ross Clare gives us the lowdown on our Antipodean allies.
45
REGULAR FEATURES
  • Political stage
    Life, the universe and everything: Westminster has been busy in debate, as Sue Ward reports.
  • Points of law
    Legal leftovers: what do you do with an overdue surplus? Robin Ellison praises the belated judgements on ownership.
  • Beginners’ page
    Setting the standards
    : pensions administration takes to the exam room once again in the quest for brilliance. Yvonne de la Praudiere explains.
  • Tax notes
    Stakeout: Avoiding the tumbleweed of hype and information overload, Barbara Sinkinson is keeping an eye on stakeholder’s movements.
 
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Letters  
Courses and seminars   
Pensions progress 14
Association forum  50
NAPF update  51
Statistics   55

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