The January 2008 issue of Pensions World

	Page
COMMENT Before the (Mc)Fall Pensions schemes need to be careful not to catch cold from the stock markets in these chilly times, as Chris Hitchen explained to the Treasury Select Committee when he was called to give evidence.	3
CURRENT EVENTS A summary of news, including: NAPF guide gives wake up call Editor’s comment PPF’s 2008–09 levy proposals PM for one day: a full pension 2012 and all that	5 5 6 6 8
OTHER CONTENTS Climate change Tim Cooper canvassed pension experts on the outlook for 2008. The forecast was unanimous: changeable.	14
Fancy a SIPP? Since A Day, SIPPs have become fashionable and no longer the preserve of the well off. Allison Plager looks at the widening variety of choices available.	17
Well qualified Steve Delo, new president of the Pensions Management Institute, is keen to support trustees in their difficult and sometimes isolated role. Ceri Jones spoke to him.	22
Tail wagging the dog Andrew Evans considers the impact of accounting standards on pension risks and the importance of liaison between finance and pension departments.	26
Key role The TPAS mediation scheme aims to guide parties in a dispute to an amicable settlement as quickly as possible and it is working says Robert Grey.	28
Many happy returns Portfolio managers now have a wider range of assets to choose from and are discovering that diversifying can not only reduce risk but generate attractive returns explains Mark Miller.	30
REGULAR FEATURES Courses and seminars Letters Buy the book Investment brief NAPF update DC debrief Political stage Points of law Beginners' page Pensions progress Tax and benefit notes Association forum/Regulation roundup Statistics In good company	8 10 11 12 13 33 34 36 38 39 40 42 43 48

© Copyright Tolley Publishing, a Division of Reed Elsevier(UK) Ltd. All rights reserved