Pensions World Magazine Archive

The July 2003 issue of Pensions World

		Page

	COMMENT	3
	Memo to Pensions Minister As Malcolm Wicks takes the reins (and not a moment too soon), Stephanie Hawthorne offers a welcome and a few suggestions… if he's here to stay, that is.

	NAPF CONFERENCE REPORT	4
	Pensions: plain and simple James Thomas distils the complex flavours of the NAPF annual conference in Glasgow so that his London colleagues can get drunk on the results.

	CURRENT EVENTS	5/6/8/9/11/12/13/14/15
	A summary of current news including:
	Schemes face wind up misery	5
	Proposals need public money	8
	Annuities and equality	12

	PENSIONS FOR SMALL BUSINESSES	16
	Small scheming Do SMEs have the incentives to provide flourishing occupational schemes, or is their pensions soil rather barren? Howard McWilliam asks if they should be planting or paving over.

	FLEXIBLE BENEFITS	21
	A flexible case Is flex going to be a supple advantage or a floppy disaster for your company? Philip Hutchinson explains how you can find out.

	TAX SIMPLIFICATION	23
	Winners and losers Who will walk away from the tax simplification proposals with a spring in their step, and who will do so with weeping and gnashing of teeth? John Holland studies some scenarios.

	HIGH EARNERS	26
	Skimming off the cream Is the Inland Revenue milking high earners with its tax proposals? What are the options for executives who like full fat, gold top pensions? David Hosford examines the crate.

	BONDS - A TRUSTEE GUIDE	28
	Fashion cents A peak into the giddy world of fixed interest can help trustees to assess and direct their managers. David Millar fixes his interest on the subject.

	ANNUITIES	31
	Annuities: a new itinerary? On the simplification journey, the government's proposals make some pretty small steps where annuities are concerned. Billy Burrows asks if they could take us a long way nonetheless.

	RISK MANAGEMENT	33
	Risky business Life, like pensions, boils down to the balancing of risks. These are composed of the same four factors, whether you approach them with mathematics, intuition or a pair of 17th century dice, says Steve Cumbers.

	GLOBAL CUSTODY SURVEY	34
	Global cuisine Custodian of the arts James Thomas explores the recipe for pensions soup in the 21st century, questioning whether global custody is applied in sensible proportion.

	REGULAR FEATURES	38
	Political stage
	Empty seats: With the Pensions Minister's chair vacant, dusty and untended for so long, there was plenty for parliament to complain about, reports Sue Ward.

	Points of law	40
	Only human: Trustees are neither robots nor angels. This may seem obvious, yet it has to be argued from time to time, says Robin Ellison, when we expect miracles from their balancing act between employer and scheme members.

	Trustee topics	45
	Safety in numbers: If the figurative cheetah of wind up closes in on a scheme, what measures can trustees take to better protect the herd? Stuart Jarvis discusses the options.

	Beginners' page	44
	Pick'n'mix: Jane Samsworth and Jill Clucas raid the trustee selection counter looking for the sweet points of the different varieties.

	Courses and seminars
	Letters
	NAPF Update	43
	Pensions progress	46
	Association forum	46
	Statistics	48

Click here to order this issue of Pensions World

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