The June 2008 issue of Pensions World

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COMMENT Alone at retirement Are employees sent on life’s longest holiday without adequate financial advice when it comes to buying an annuity? asks Stephanie Hawthorne.	3
NEWS First FTSE 100 firms offload pension liabilities OMO delays “unacceptable” Charity pensions crisis PPF: sex inequality, deficits and good practice Schemes hope to save £300m after IT ECJ VAT victory	5 6 6 9 11
Defined contribution Gaps in the fence Auto-enrolment may cut members’ engagement, says Graham Mannion.	14
Transition management Wind of change Financial gales have hit the transaction market. Ceri Jones looks at the weather vane.	16
Level crossing Need to change your portfolio? Lachlan French shows how it is done.	20
Law Stand and deliver! Arron Slocombe on the perils facing the last man standing in multi-employer final salary schemes	22
Risk mitigation Trying your luck Giles Davis comes up with a winning strategy for smaller defined benefit schemes.	24
Communications survey It’s good to talk How to avoid those crossed lines in employee communications. Allison Plager surveys the market.	26
Personal accounts On the level? Will the introduction of Personal Accounts level down pensions provision? Jamie Clark reports.	30
Liability driven investment Wake up call? Timing is all when it comes to LDI triggers, according to Mark Duke.	32
REGULAR FEATURES Courses & seminars Letters Around the world in 365 days New series: all the latest international benefit news Investment brief Track record counts, says Anthony Hilton, Evening Standard Buy the book NAPF update Pensions progress DC debrief Political stage The Regulator is to have more power to tackle the behaviour of some businesses acquiring pension schemes. Ceri Jones reports. Points of law What has the Pensions Regulator done for us? asks Robin Ellison. Beginners’ page Tax and benefit notes Employers need to watch out for financial support directions on allocation of pension debts says Andrew Hoddinott Trustee topics Association forum/Regulation roundup Statistics In good company	8 9 11 12 13 15 33 34 36 38 41 42 44 45 46 51

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