April
2004
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|
Equity
release
A new outsourcing service has been launched by Marlborough
Stirling, aimed at encouraging new entrants into the equity
release market |
30/04/04 |
ACA
chairman expresses alarm at emerging regime
The emerging new pension regime is looking increasingly
hostile towards encouraging wider pension provision because
of a lack of incentives, according to Gordon Pollock, chairman
of the Association of Consulting Actuaries |
30/04/04 |
Trusting
MoM
The trustees of the Monarch Airlines Limited Retirement
Benefits Plan have selected Northern Trust to run a £60m
manager-of-managers mandate, with an investment brief covering
the UK, Europe ex-UK, Pacific ex-Japan and Japanese equities
|
28/04/04 |
A
safety net for DB transfers
Employees who transfer from the public to private sector,
under TUPE agreements, afraid of losing their final salary or
defined benefit pensions, can now take advantage of a new pension
scheme designed by Prudential |
28/04/04 |
Keeping
in line
A new project aimed at establishing a set of benchmarked
standards to promote good compliance in the financial services
sector has been launched by the International Compliance Association
in conjunction with the Financial Services Skills Council
|
28/04/04 |
Property
demand could scupper high returns
The property sector is continuing to enjoy strong returns
and low volatility over a variety of time periods, according
to the latest property update from Credit Suisse Asset Management
|
27/04/04 |
Online
rewards all round
Online total reward statements – which incorporate
all benefits such as pensions, healthcare, share plans and life
insurance – could help retain staff, according to a recent
study conducted by Mercer |
27/04/04 |
MLIM
offers FoF property option
Merrill Lynch Investment Managers’ (MLIM’s)
real estate team is launching a property fund of funds aimed
at those investors looking to diversify their commercial property
allocations |
26/04/04 |
Fairer
distribution of pension assets a welcome move
Legislation aimed at ensuring a fairer distribution of assets
upon scheme wind-up has, on the whole, been welcomed by the
pensions industry |
19/04/04 |
First
Islamic pension fund launched
The first Islamic pension fund has been launched, aimed
at offering Muslims access to pension investment where they
may otherwise have been excluded |
13/04/04 |
TUC
to hold London pensions demonstration
The Trade Unions Congress (TUC) has announced that it will
be holding a ‘Pay up for Pensions’ demonstration
in London on 19 June |
07/04/04 |
CR
reporting placing 'alarming burden' on listed companies
A new industry survey has revealed that current methods
of corporate responsibility (CR) reporting are placing an “alarming
burden” on listed companies and their investors, and an
industry-wide committee will be formed to address the situation
|
06/04/04 |
'Real
terms' DC statements could result in backlash
New government regulations which require companies to issue
individual statements in ‘real terms’ to members
of money purchase schemes could result in a potential backlash
if companies do not manage employees’ expectations before
the statements are introduced, according to Mercer Human Resource
Consulting |
05/04/04 |
DTI
publishes proposals for Civil Partnership Bill
Proposals providing legal status for same-sex couples have
been published by the Department for Trade and Industry |
04/04/04 |
End
of LPI in DC met with mixed reaction
Pensions minister Malcolm Wicks announced that the government
was contemplating the removal of Limited Price Indexation (LPI)
from defined contribution (DC) pension schemes at an Institute
of Economic Affairs conference last month |
01/04/04 |
