John Dickson on the key lessons that pension fund trustees can take on board following the unprecendented volatitlity of the past two years. Lee Hollingworth looks at how an improved approach to DC investment can bring rewards to scheme members. While a return to the highs of the market's peak still look a long way off, Linda McKay sees reason to be positive on property. Don't miss out on attractive investment opportunities. Timing tips for trustees from Barry Mack. Retirement is wonderful if you have two essentials — much to live on and much to live for (anon). John Wright discusses that the provision of a decent standard of living in old age is a fundamental theory of any civilised society. In the current economic environment it looks set to be a tough couple of years for both employees and employers - Chris Noon advises that benefits should not be forgotten. Creating a one-size-fits-all approach to pensions will not prove a benefit, especially to younger employees says Lee Hollingworth. Stephen Birch explains why there is still a place for active management in credit portfolios despite the recent challenges. Good communication provides a valuable defence against angry and disappointed members looking for someone to blame explains Lee Hollingworth. Chris Noon discusses how over the last 15 years, the balance of risk and responsibility which is inherent to the design of employee benefits plans has seen a dramatic shift - from the employer to the employee. Peter Feerick looks north of the border at the implementation of the new-look Local Government Pension Scheme in Scotland. In recent times the life expectancy assumption has come to dominate funding discussions between sponsors and trustees. But, how do trustees know when they have received good longevity advice? Kenneth Wood analyses GTAA manager performance and discusses whether adding value through tactical asset allocation is an achievable goal. David Walker advocates looking beyond Europe in order to add a meaningful diversification. It takes a working lifetime to build up enough savings to be able to enjoy retirement the way we want to. If you haven’t started saving yet, an initial health check may help to stir you into action. |