May
2004
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Government
reform could scupper provision, say small firms
Government
reforms designed to boost occupational pensions are more likely
to discourage provision as well as add to employers' costs,
according to a recent survey of small firms by the Association
of Consulting Actuaries (ACA) |
20/05/04 |
Stakeholder
figures fuel compulsion debate
The
TUC is calling on the government to introduce compulsion after
research revealed that stakeholder pensions are failing to encourage
workers to save enough for retirement |
20/05/04 |
PPML
sells to Capita
SIPP administrator and Winterthur Life UK subsidiary, Personal
Pension Management Limited (PPML), is to be sold to The Capita
Group as soon as regulatory approval has been granted |
19/05/04 |
Small
steps taken, but further to go
The government has finally responded to industry demands
and agreed to set up a £400m pensions rescue package for
1000s of employees who have lost part or all of their pension
savings following company closures |
18/05/04 |
T-Mobile
chooses Mercer
T-Mobile has appointed Mercer Human Resource Consulting
to provide actuarial consulting services for its UK pension
arrangements |
18/05/04 |
Pension
funds to try something new
The number of UK pension schemes investing in alternative
asset classes looks set to increase significantly over the next
year, according to a recent asset allocation study conducted
by Mercer |
17/05/04 |
PPF
chairman named
The name of the first chairman of the Pension Protection
Fund was revealed last week by the Secretary of State for Work
and Pensions |
17/05/04 |
Mandate
announcements
State Street
Global Advisors, the investment management arm of State Street
Corporation has been selected by Devon County Council to manage
a £250m global passive equity mandate |
17/05/04 |
MGM
Assurance aims to offer best of breed
MGM Assurance has appointed four investment management groups
to take responsibility for most of its £1.4bn of funds
under management, following a review of its previous investment
management arrangements |
17/05/04 |
Helping
IFAs log-on with ease
The
Exchange, which supplies portal services to tens of 1000s of
IFAs, has signed up to UNIPASS, Origo's individual digital certificate
that replaces the need for multiple user IDs and passwords to
access provider and portal websites
|
17/05/04 |
Cheaper
access to US market
UK
institutions investing in US equities can benefit from lower
costs and tax breaks following the launch of the the Deutsche
GlobalSpectrum Common Contractual Fund |
17/05/04 |
Considering
a compromise? Not so fast, says Opra
Help
is at hand for trustees, actuaries and other advisors who
may be considering a compromise agreement for their underfunded
defined benefit scheme. |
17/05/04 |
State
Street expands operations following European deal
State Street
has been appointed to provide fund administration and investment
operation services to ABN AMRO Asset Management (AAAM) in
the UK, Netherlands, Luxembourg and Sweden |
14/05/04 |
Mandate
wins and appointment round-up
Global consultancy, EC Harris LLP, has appointed Lane Clark
& Peacock LLP (LCP) to provide actuarial, investment and
pension administration services to the group’s closed
DB scheme |
10/05/04 |
ISIS
enhances fund range
ISIS Asset Management has boosted its institutional fund
offering with the launch of four new pooled pension funds
|
04/05/04 |
Outsourcing
gets thumbs up
Outsourcing pensions and benefits has become a popular choice
among large US and European companies, according to a recent
report conducted by The Conference Board and Accenture |
04/05/04 |
