The March 2002 issue of Pensions World

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COMMENT
  • No haven - Are pensions lost at sea? Editor Stephanie Hawthorne wonders if the national mindset needs to change before we’ll properly respect the long haul trip to retirement.
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CURRENT EVENTS
A summary of current news including:
5/6/9/10/12/13

ME AND MY PENSION
  • Webb World - Readers of another Pensions World feature may be confused here, and should note that this article by the Lib Dem spokesman on pensions, Steve Webb, has little to do with technological tools of death.
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DOCUMENT DESTRUCTION

  • Spring cleaning - Storerooms filling up with cobwebbed boxes? For just how long should you keep those dusty old members’ records? Iona Whitaker presides over the big bonfire outside.
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E-COMMUNICATIONS

  • Special deliver-e - It’ll get there on time. It’ll be crisp, colourful and fresh. "Say it with internet pensions communications", asserts Howard McWilliam.
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TRUSTEE LIABILITY INSURANCE

  • Sure thing - The average trustee has a lot to protect himself from. And ferret bites and trumpet burn represent just a fraction of these liabilities. James Thomas investigates the insurance options.
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        OUTSOURCING
  • Out and about - John Berry starts up the van of truth and roams the land in search of an answer to that perennial metaphysical question: "Where did outsourcing come from?"
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  • Keeping score - Aside from the flashiness of their moves and the quality of their kit, how do you measure the performance of your third party administrator? Nick Phizackerley tots up the points.
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INVESTMENT 37
  • Herd instinct - By the light of the full moon, distant rumblings can be heard. A vast cloud of dust rises over the horizon. Then, before you know it, you’re in the middle of a stampede of pension funds switching to bonds. David Harris readies his lassoo.
  • Global warming - The warm, tingly feeling of a well-invested pension fund starts at home, says David Stewart.
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BEHAVIOURAL FINANCE 39
  • Funds behaving badly - They may not sing football chants and crush empty beer cans against their foreheads, but pension funds can have their own form of dodgy behaviour. David Bowie talks finance theory.
DEFINED BENEFIT
  • A fairy tale land - Just as in far off magical lands the hero often triumphs through quiet, personal growth, the defined benefit problem can be solved in ways other than a hasty switch to DC. Robert O’Donovan searches for the happily ever after.
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REGULAR FEATURES
Political stage
Bill and Ben: Good old Big Ben. It not only provides a majestic setting to our nation’s politics, but also supplies tenuous captions when new Bills arrive. Sue Ward reports, without a flowerpot in sight.
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Points of Law
Being reasonable: Robin Ellison, ever the paragon of logic and wisdom, asserts that if loins are going to be girded, they must be girded with common sense.
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Beginners’ page
Over the water: With all that sand, sea and ice cream, offshore pension schemes can be happy pension schemes, suggests Stephen Ainsworth.
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Tax and benefit notes
New order: Under a new act, the jurisdiction of the Pensions Ombudsman has expanded. John Wilson takes a look at the new hierarchy.
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Courses and seminars
Letters
NAPF update  49
Association forum 50
Overseas benefits 50
Pensions progress 51
Statistics 53

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