Back Copy Ordering Service 2004 Issues
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Deceember 2004 - Volume 32 No 12
- PENSIONS PROVISION
When I’m 64… 65…70… (page 22)
Howard McWilliam talks to the man of the moment, Adair Turner, about his Commission’s findings, the future of UK pensions and his own retirement aspirations.
- ASSET ALLOCATION
Have your cake and eat it (page 22)
Will UK schemes’ renewed focus on strategic asset allocation bake a better result in the next bull market? And what recipe should they follow? James Thomas dips his finger in the batter.
- SOFTWARE SURVEY
Working backstage (page 23)
As we move towards simplification the pensions software world is undergoing turbulent change behind the scenes. Allison Plager gives providers their cue.
November 2004 - Volume 32 No 11
- PROFILE
A nation on the turn (page 17)
Howard McWilliam talks to the man of the moment, Adair Turner, about his Commission’s findings, the future of UK pensions and his own retirement aspirations.
- US EQUITIES
Keeping the engine running (page 22)
The US economy drives all world markets - so where might it lead us in 2005? Howard McWilliam examines the stimulus it needs to stay on the road.
- RISK SHARING
Share and share alike (page 26)
Finding a balance of risk between employer and employee is essential. James Thomas sets the scales.
October 2004 - Volume 32 No 10
- PRESSING THE POINT
How the mighty have fallen (page 17)
David Willetts MP gets passionate about Conservative plans to restore UK long term saving to its former glory.
- VIEWPOINT
Getting sidetracked (page 18)
Trustees now have powerful ammunition in commercial negotiations but the risk of backfire is formidable, warn Sir John Butterfill MP, Dr Wyn Derbyshire and Steven Davis.
- PENSIONS FOR EXPATS
Great expat-tations (page 21)
Have pensions spread their wings as the world has got smaller, or is border control as tight as ever? James Thomas packs his bag and peruses the post-2006 brochure.
September 2004 - Volume 32 No 9
- INTERVIEW
Enlightened pragmatism (page 17)
Assistant Editor Howard McWilliam talks to NAPF Chairman Terry Faulkner about the government’s track record, pension reform and the continuing need for the NAPF’s practical know-how.
- TRUSTEE ACTIVISM
Trigger happy? (page 23)
Trustees now have powerful ammunition in commercial negotiations but the risk of backfire is formidable, warn Sir John Butterfill MP, Dr Wyn Derbyshire and Steven Davis.
- INDEPENDENT TRUSTEE SURVEY
Peak performance (page 35)
Independent trustees have the right expertise and equipment to secure a scheme to the regulatory rockface but they come at a price, says Allison Plager.
August 2004 - Volume 32 No 8
- PRESSING THE POINT
Informed choice (page 13)
How can we get people to save in pensions if they don’t understand them? asks Andrew Smith MP.
- THE STATE PENSION
In a right old state (page 16)
As the UK ages, something will have to give in state pensions. Howard McWilliam examines how we are likely to deal with demographic ultimatums.
- MULTI EMPLOYER SCHEMES
Holding out for a hero (page 22)
Alan Pickering has described multi employer schemes as “the unsung heroes of pensions”. James Thomas elaborates on their powers and weaknesses.
July 2004 - Volume 32 No 7
- PUBLIC CONFIDENCE
Leap of faith (page 16)
The savings gap is not just a problem for government and regulators. IoA President Mike Pomery challenges everyone in the industry to foster public confidence in the long term vehicles that can make it across the divide.
- LIMITED PRICE INDEXATION
LPI is dead – long live LPI (page 22)
You can hack away at the inflationary protection measure, but cutting alone will not kill the problems that are its offspring, says Paul McGlone.
- SURVEY OF GLOBAL CUSTODIANS
Unlocking custody (page 30)
Following global custody’s 30th birthday cake, its waistline may be poised to expand. Allison Plager considers the wisdom of an extra portion.
June 2004 - Volume 32 No 6
- TV TRAINING
In the eye of the storm (page 17)
TV is always looking for a credible commentator on the hot topic of pensions: it could be you. Editor Stephanie Hawthorne suggests how to make your 15 minutes of fame work for you.
- THE LAWYERS’ LAWYER
Hive talking (page 21)
With the pensions legislative nest as swarming as ever, Assistant Editor Howard McWilliam counts the votes for the lawyers dealing most fearlessly with the infestation.
- COMMUNICATIONS SURVEY
Plenty to shout about (page 27)
By sticking to the bare minimum of disclosure rules, employers miss the opportunity to help staff appreciate the expensive benefits on offer. Deputy Editor James Thomas starts the conversation.
May 2004 - Volume 32 No 5
- DISASTER MANAGEMENT
Surviving a great fall (page 21)
Pension schemes are already familiar with references to risk and liabilities, but to what extent should they consider those of the more macabre variety? Assistant Editor Howard McWilliam investigates. - COMPULSION
All stick and no carrot? (page 30)
The compulsion debate has been lying low lately: does this mean the government wants to concentrate more on incentives before it brandishes the stick? asks Deputy Editor James Thomas. - INVESTMENT SURVEY
A flower in the desert (page 34)
The investment industry is heating up again, says Allison Plager, but is it likely to blossom or suffer another drought?
April 2004 - Volume 32 No 4
- PENSIONS BILL
Top of the Bill (page 19)
Headline act Malcolm Wicks shrugs off the criticism and maintains that the Pensions Bill is a substantial package set to succeed in its aims. - ANNUITIES
The one with the waggly tail… (page 20)
The annuities shop window offers increasing choice and flexibility, giving trustees a lot to think about, says James Thomas. - PROPERTY SURVEY
The great diversifier (page 29)
When economic volatility huffs and puffs, pension funds built with a bit of brick can arguably stand up better. Howard McWilliam reports.
March 2004 - Volume 32 No 3
- PRESSING THE
POINT
What’s the real crisis? (page 16)
Andrew Verity suggests we might be crying wolf when it comes to the ‘pensions crisis’. The real problem concerns the unfortunate souls who have lost most or all that they have saved for. - EQUITABLE LIFE
The meaning of Life (page 17)
Trustees may still be able to get results for members given that their Equitable investments (contracts of good faith) were not of the quality they thought. Robert Morfee muses on what was, what might have been and what may yet come to pass. - STAKEHOLDER SURVEY
Here to stay... or gone tomorrow? (page 33)
Have stakeholders settled in the pensions landscape or are they still likely to disperse in an early exit? Allison Plager surveys the providers and assesses the product’s future.
- SCHEME
DESIGN
A wider menu (page 17)
Though final salary and money purchase are the meat and potatoes of the pensions world, the scheme design kitchen can whip up a lot more dishes - but are they just for connoisseurs? James Thomas tucks in. - INDUSTRY ASSOCIATIONS
Vive la difference! (page 23)
Europe’s beleaguered pensions sector could save more than €10bn a year, according to the EFRP: licensing, diversity and pan European tax neutrality, et voilà! Alan Pickering explains. - ADMINISTRATION
Planting out (page 33)
Ceri Jones scans the field of pensions admin for signs of soil trends and seed improvements. Can it produce a bumper harvest or are there too many crops tangled together?
- DB
SCHEMES
The final frontier (page 17)
Recent changes have forced a review of DB’s ability to meet employer and employee needs. Does the benefit structure have a gleaming future or is it heading for a black hole? asks Dave Lowe. - LIMITED PRICE INDEXATION
A bridge too far (page 19)
John Lawson lays explosives at the foot of LPI increases for DC annuities, arguing that the inflationary structure gives the average man poor value for money. - LIABILITY DRIVEN
INVESTMENT
The generation game (page 24)
It’s nice for trustees to see wonderful investment returns (to see them nice), but how much should they risk in trying to do so? asks Andrew Green.
