The August 2005 issue of Pensions World
  Page
     
  COMMENT 3
  Winds of change
NAPF Chairman Robin Ellison wonders if he can sense a stiff breeze of pensions consensus gathering. With a fair wind we should be able to whip up a holistic plan for the entire system, he says.
 
   
  CURRENT EVENTS 5/6/9/10/13/14 /15
  A summary of current news including:  
PPF risk based levy finally arrives 5
Danger of liabilities supernova 6
Auto enrolment gathers speed 10
     
  CAREER AVERAGING
  Swimming upstream
Against the prevailing current towards DC, some employers are standing firm with career average designs. Tim Cooper reports on their rewards and pitfalls.
16
  DC SCHEMES
  Growing up
With DC maturing, as a rite of passage it needs a proper reassessment of its aims. Charl Cronje explains how it can be tweaked and complemented.
19
DEALING WITH DEFICITS
The big slim
Final salary deficits are swelling despite sponsors feeding their schemes some healthy cash. Howard McWilliam reports on creative diet plans to get them back into shape before they clog the corporate arteries .
21
MULTI MANAGER SURVEY
Herd mentality
After a slow start, money is now flooding into the multi manager market – but are the funds delivering on their best of breed promises? Ceri Jones assesses the pack.
28
AUSTRALIAN PENSIONS
Out of their depth?
Australians can now direct their compulsory pension contributions to an investment fund of their choice. Janine Mace reports on the financial market sharks gathering at the scene.
31
THIRD PARTY ADMIN SURVEY
On your marks
Simplification will sort the men from the boys in the TPA arena. Allison Plager surveys the contenders and assesses their chances of keeping up the pace in the dash to A Day.
33
TAX SIMPLIFICATION
Completing the jigsaw
For a long time, no amount of shoehorning would make some pieces of the simplification jigsaw fit. Joanne Livingstone and Jane Beverley look at the picture finally emerging with the help of the Revenue's supplementary pieces .
39

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