Pensions World Magazine Archive

The May 2003 issue of Pensions World

	COMMENT	Page

	Gasping for air	3
	After a small victory for equal rights campaigners, there is still a long way to go before the private pension provision can breath deep and rest easy, says Editor Stephanie Hawthorne.

	CURRENT EVENTS	5/6/9/10/12/13/15/16
	A summary of current news including:

	Stamp duty revision complaints	5
	Select committee passes the buck	6
	Green Paper: house of cards?	12

	TRADE UNIONS	17
	United we stand Though trade unions often have a lot to argue about, on the matter of compulsory pension contribution they are largely unified. James Thomas investigates the demand.

	INVESTMENT SURVEY	22
	Slip and slide 2002 presented another bumpy ride for pension fund investment. Allison Plager reviews industry performance and looks for the bright points among toppled markets.

	TRUSTEE INSURANCE SURVEY	31
	The safety net With trustee liability rates soaring along with all professional insurance, is that safety net still worth it? Howard McWilliam conducts some tests by plummeting onto concrete without one.

	TRUSTEE EXEMPTION CLAUSES	35
	Clause and effect With the law commission wanting to scrap trustee exoneration clauses in trust deeds and rules, Nick Sargent reviews the proposals and their extension of pension trustee tension.

	SCHEME DESIGN	37
	Getting a tune up Chris Lilleyman gets his hands good and dirty tinkering with some alternative scheme designs and asserts that employee preferences should be the primary engine behind the benefits package.

	ADMINISTRATION	39
	Paperless promise Electronic document management for members' records offers many benefits, least of all the fun and japery of a massive bonfire. Andrew Dawson runs through the system.

	ANNUITIES	41
	The price is right Annuities rates may have dropped considerably in recent years, but research by Edmund Cannon and Ian Tonks shows that it was fair for them to "come on down" anyway.

	PENSIONS PROVISION	43
	A tandem ride Why choose between DB and DC when you can stick both of them on the employee benefits bicycle to work towards the sunset together? suggests David Butcher.

	REGULAR FEATURES	45
	Political stage Dealing with rejection: The government has been highly criticised for certain reform proposals, but it is not sitting around sobbing and eating lots of chocolates, says Sue Ward.

	Points of law	47
	The road map: The pensions infrastructure is changing, with miles and miles of new law in the pipeline. Robin Ellison shouts "left!" and "right!", while looking out for wrong turnings and dead ends.

	Beginners' page	51
	Get qualified: Ian Eggleden holds an open day at the PMI campus, with a tour for prospective students of the burgeoning variety of qualifications on offer.

	Tax and benefit notes	52
	Compelling stuff: Nigel Armstrong picks apart the Green Paper's third section, and examines whether or not the more assertive proposals will hold sway.

	Trustee topics	50
	Shifting leverage: Legislation behind transfer values is moving on, and Opra and the government have teamed up to help trustees meet their primary duty. Tim Giles explains.

	NAPF EXHIBITION PREVIEW	53
	Natural exhibitionism A rather immodest Howard McWilliam shows off some of the enticements at this year's NAPF Annual Conference and Exhibition.


	Courses and seminars
	Letters
	NAPF Update	49
	Association forum	53
	Statistics	54

Click here to order this issue of Pensions World

For advertising information please contact
zoe.kray@lexisnexis.co.uk
on 020 8722 3411