Pensions World Magazine Archive

The October 2002 issue of Pensions World

	Page
COMMENT
The truth and the hype - Pensions are causing a publicity brouhaha at the moment. But is some accuracy getting lost in the commotion? wonders NAPF Chairman Peter Thompson	3
NAPF CONFERENCE Living with Myners - Roving reporter and whiskey drinker James Thomas snoops around the big event in Edinburgh	4
CURRENT EVENTS A summary of current news including: Pensions Crisis MFR relaxation Trustees in the dock	7/8/9/10/12/13/15/16
Caption contest and quiz Who can come up with a caption for Howard McWilliam’s commemorative (and anachronistic) cartoon, or correctly answers Tom Tickell’s stimulating selection of questions, to win some bubbly?	15/16
A walk down memory lane Stephanie Hawthorne takes a stroll through 30 years of change in both the pensions and publishing industries. The latter has changed just as much as the former, though arguably has produced less paper.	19
Past tense: future perfect? Occupational pensions in Britain have come a long way since the first in 1269. Chris Lewin ponders how they might go that little bit further in the new millennium.	23
One year older, one year wiser Birthdays can turn one’s attention to the relentless hand of the clock, to reflect on times both good and bad. As we stride through the decades, a selection of pensions luminaries, led by the Pensions Minister, pauses for thought.	26
SCHEME DESIGN Mission: difficult - Dangling precariously on stunt cables, Raj Mody shows that you don’t need to be Tom Cruise to set up an ideal benefits structure.	31
COMPLAINTS MANAGEMENT Service with a smile - Complaints should be seen as an opportunity rather than a burden, according to Chris Ryland. If you handle them well then your customers will love you for it.	33
CONSULTANTS’ SURVEY Defusing the timebomb Consultants - part of the problem or the crack team to help solve it? Howard McWilliam looks for shaky hands as the top firms operate around the coloured wires of legislation and scheme design.	37
DISCLOSURE OF TRANSACTION COSTS Dis-closed for business - Jenny Segal explains why the mandatory documentation of transaction costs, though well meaning, could involve yet another stack of paper that trustees can well do without.	43
BANKRUPTCY On the road to recovery - In the race to requisition funds, can the creditors beat the bankrupt to his pension? Janine McGahon stands by the finish line to see what happens	45
SORP Standing on the SORP box - Jo Rodgers gets up and works the crowd with a compelling message: changes to the Statement of Recommended Practice.	47
Political stage Summer brews: Preparing for Pensions World’s birthday party, MPs were supposed to spend the summer in their garages concocting booze. But it turns out otherwise, as Sue Ward reports.	49
Points of law One foot in the grave?: Thinking our birthday party is fancy dress, Robin Ellison turns up, to the delight of all, in an overcoat and cloth cap, telling of pensions law’s last 30 years while repeating the phrase “I don’t believe it”.	51
Trustee topics Panning for gold: Gresham Arnold sifts through the Sandler and Pickering Reviews for some nuggets of sound principle that companies can beat the government to.	54
Beginners’ page The emperor’s new clothes: In the fable, the ruler’s influence doesn’t change the fact he is naked. Does DC suffer a similar lack of cover? Richard Stroud offers a more ample garment.	55

Courses and seminars
Letters
Overseas benefits	56
Pensions progress	57
Association forum	58
Statistics	59

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