The February 2006 issue of Pensions World

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COMMENT Origin of the species Turner may wing its way into the waste bin but it is time to take concrete action, says Stephanie Hawthorne.	3
CURRENT EVENTS A summary of news, including: BA's bad day A time of stress at the FAS Pensions predictions 2006	5/6/8/10/11/12/13/15 5 8 10
TAX SIMPLIFICATION Taking the bull by the horns A Day can seem like an awesome challenge but it could bring good fortune for those who face their fears, says Dick Strattan.	17
MORTALITY The elixir of life Longevity is a source of actuarial anxiety but will the trend continue? Nigel Bodie asks if medical marvels will go on providing us with ever more potent potions for long life.	19
PENSIONS POLEMIC Expert witless? Roger Nightingale courts controversy contending that a rash of experts and consultants are the pensions problem not its solution.	21
EMPLOYEE BENEFITS Pay and display Employers need to get into gear when it comes to employee benefits or they will end up driving in the slow lane, says Alex Tullett .	23
ADMINISTRATION SOFTWARE Changing platforms As A Day changes slip out of the sidings, pension schemes are hoping they will be on the right platform, says Ceri Jones.	27
TURNER: INDUSTRY RESPONSE Digging the dirt The ACA Pension trends survey excavates industry expectations. Andrew Vaughan finds the desire for a radical government response just below the surface.	30
INVESTMENT Keeping the faith When regulators impose investment criteria the result is often a cascade of confusion. Paul Bourdon puts pay to three common problems Teaching the world to sing Simon Jagger picks out the bum notes and looks at how to stay in tune when dealing with investments On giants' shoulders Property has become a truly global investment universe. Jon Lekander pulls out his telescope and does a little stargazing	32 34 36
TRANSACTION COSTS Cost your marbles Fraudsters often resort to waking the dead. Karen Webster does some digging and reveals the extent of the problem	38
REGULAR FEATURES Letters Courses and seminars In Good Company DC debrief Political stage Points of law NAPF update Trustee Topics Beginners' Page Tax and benefit notes Pensions progress Association forum Statistics	12 13 15 40 41 43 45 46 47 48 50 50 51

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