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	<title>Professional Pensions General News News</title>
	<link>http://www.professionalpensions.com/</link>
	<description>Latest from Professional Pensions</description>
	<language>en-us</language>
	<webMaster>web@incisivemedia.com</webMaster>
	<lastBuildDate>Thu, 28 Aug 2008 15:28:23 +0100 GMT</lastBuildDate>
	<ttl>15</ttl>
	<item>
	<title>Cable workers balloted on changes to DB scheme</title>
	<link>http://www.professionalpensions.com/811788</link> 
	<description>
Prysmian Cable workers are set be balloted on amendments to the company’s defined benefit pension scheme, it has been revealed.</description>
	<pubDate>Wed, 27 Aug 2008 12:27:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/811788</guid> 
	</item>
	<item>
	<title>Standard Life gives SIPP investors ‘safer haven’</title>
	<link>http://www.professionalpensions.com/811784</link> 
	<description>
Standard Life has extended the range of investment options available for its individual, group and wrap self-invested personal pension plans.</description>
	<pubDate>Wed, 27 Aug 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/811784</guid> 
	</item>
	<item>
	<title>NAPF Pensionsforce launches website</title>
	<link>http://www.professionalpensions.com/811485</link> 
	<description>
National Association of Pension Funds workplace education service Pensionsforce has launched a website to help employers and employees plan for retirement. </description>
	<pubDate>Tue, 26 Aug 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/811485</guid> 
	</item>
	<item>
	<title>ITS warns contribution demands could damage schemes</title>
	<link>http://www.professionalpensions.com/811300</link> 
	<description>
DEMANDING higher contribution rates from sponsoring employers is not the answer to weathering the storm of current market volatility, an industry expert warns.</description>
	<pubDate>Fri, 22 Aug 2008 12:26:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/811300</guid> 
	</item>
	<item>
	<title>Tube Lines denies pension talks claims</title>
	<link>http://www.professionalpensions.com/811136</link> 
	<description>
Tube Lines workers and Rail, Maritime and Transport members will not be transferred into the Transport for London defined benefit pension scheme, the contractor says.</description>
	<pubDate>Thu, 21 Aug 2008 13:10:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/811136</guid> 
	</item>
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	<title>Means testing to affect PA launch</title>
	<link>http://www.professionalpensions.com/811123</link> 
	<description>
INCREASING numbers of people of state pension age claiming means tested benefits and the weakening economic climate will affect the launch of personal accounts, Scottish Life says.</description>
	<pubDate>Thu, 21 Aug 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/811123</guid> 
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	<item>
	<title>Governance software survey launch</title>
	<link>http://www.professionalpensions.com/810886</link> 
	<description>
MANY schemes are beginning to look at governance software to help improve trustee effectiveness, eShare claims.</description>
	<pubDate>Wed, 20 Aug 2008 13:22:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/810886</guid> 
	</item>
	<item>
	<title>Longevity, volatility and rising inflation biggest threats to saving</title>
	<link>http://www.professionalpensions.com/810883</link> 
	<description>
INCREASING longevity, market volatility and rising inflation are the biggest threats to saving for retirement, new research from MetLife Europe shows.</description>
	<pubDate>Wed, 20 Aug 2008 13:12:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/810883</guid> 
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	<title>EEF warns sponsors have ‘no enthusiasm’ for 50% MNT requirement</title>
	<link>http://www.professionalpensions.com/810733</link> 
	<description>
MOVES to enforce a 50pc member-nominated trustee requirement will push sponsors towards offloading defined benefit pension schemes, employers warn.</description>
	<pubDate>Tue, 19 Aug 2008 13:23:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/810733</guid> 
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	<title>Personal accounts will lead to ‘dramatic’ increase in scheme workload</title>
	<link>http://www.professionalpensions.com/810732</link> 
	<description>
COMPANIES face a dramatic increase in workload following the introduction of personal accounts, Origen warns.</description>
	<pubDate>Tue, 19 Aug 2008 13:19:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/810732</guid> 
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	<title>Woolworths rejects Iceland bid because of scheme liabilities</title>
	<link>http://www.professionalpensions.com/810708</link> 
	<description>
WOOLWORTHS turned down a proposal by Iceland to buy its retail division partly because of scheme issues.</description>
	<pubDate>Tue, 19 Aug 2008 11:43:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/810708</guid> 
	</item>
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	<title>PP lawyers give go-ahead to publish TPR trustee story</title>
	<link>http://www.professionalpensions.com/810571</link> 
	<description>
LAST Thursday, [ITAL]Professional Pensions[/ITAL] revealed The Pensions Regulator had removed authority for 29 pension schemes from an independent trustee firm.</description>
	<pubDate>Mon, 18 Aug 2008 16:02:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/810571</guid> 
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	<title>Scottish police forces face recruitment freeze due to pension issues </title>
	<link>http://www.professionalpensions.com/810500</link> 
	<description>
SCOTTISH police forces are facing a recruitment freeze due to pension fund deficits.</description>
	<pubDate>Mon, 18 Aug 2008 13:04:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/810500</guid> 
	</item>
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	<title>Hewitt launches 2008 global pensions risk survey</title>
	<link>http://www.professionalpensions.com/810314</link> 
	<description>
The financial health of companies is directly linked to risk and how it is managed, Hewitt Associates say.</description>
	<pubDate>Fri, 15 Aug 2008 12:44:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/810314</guid> 
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	<title>TPAS and PMI to collaborate</title>
	<link>http://www.professionalpensions.com/810310</link> 
	<description>
The Pensions Advisory Service and the Pensions Management Institute are to work together to provide information on personal accounts, PP can reveal.</description>
	<pubDate>Fri, 15 Aug 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/810310</guid> 
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	<title>BMA says GP pensions will not be up-rated </title>
	<link>http://www.professionalpensions.com/810316</link> 
	<description>
GP pensions will not be up-rated to reflect income increases between 2006 and 2008, the British Medical Association says.</description>
	<pubDate>Fri, 15 Aug 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/810316</guid> 
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	<title>Buyouts and future of defined contribution are the main concern for trustees</title>
	<link>http://www.professionalpensions.com/810077</link> 
	<description>
TRUSTEES are most concerned about buyouts and the future of defined contribution, research by the University of Edinburgh Business School and Aberdeen Asset Managers reveals.</description>
	<pubDate>Thu, 14 Aug 2008 12:30:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/810077</guid> 
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	<title>DWP figures reveal 4.15 million pensioners forced to claim benefits</title>
	<link>http://www.professionalpensions.com/809816</link> 
	<description>
Some 4.15 million people of state pension age are being forced to claim key government benefits in a bid to make ends meet, latest government figures reveal.</description>
	<pubDate>Wed, 13 Aug 2008 12:43:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/809816</guid> 
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	<title>Pensions strike at cable firm temporarily halted</title>
	<link>http://www.professionalpensions.com/809813</link> 
	<description>
Industrial action has been temporarily halted at Prysmian Cables after trade union Unite and the company agreed to restart talks on pensions.</description>
	<pubDate>Wed, 13 Aug 2008 12:29:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/809813</guid> 
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	<title>Most trustees recruited through personal recommendation</title>
	<link>http://www.professionalpensions.com/809735</link> 
	<description>
SOME 32pc of pension schemes admit that conflicts of interest could arise from finance directors of sponsoring companies acting as trustees, Trustee GAAPS research reveals.</description>
	<pubDate>Wed, 13 Aug 2008 11:51:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/809735</guid> 
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	<title>Retirement becomes ‘second adolescence’ - Aegon</title>
	<link>http://www.professionalpensions.com/809741</link> 
	<description>
Less than a third of 50 to 65-year-olds want to stop working whey they reach retirement age despite thinking they could afford to, Aegon research shows. </description>
	<pubDate>Wed, 13 Aug 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/809741</guid> 
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	<title>Postcodes used as annuity risk factors</title>
	<link>http://www.professionalpensions.com/809524</link> 
	<description>
Prudential is to use postcodes as an additional risk factor for annuities, Hargreaves Lansdown says.</description>
	<pubDate>Tue, 12 Aug 2008 12:54:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/809524</guid> 
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	<title>Watson Wyatt urges executives to increase use of group SIPPs</title>
	<link>http://www.professionalpensions.com/809268</link> 
	<description>
ESTABLISHING a group self-invested personal pension can make it easier for senior employees to satisfy company shareholding requirements, Watson Wyatt says.</description>
	<pubDate>Mon, 11 Aug 2008 12:19:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/809268</guid> 
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	<title>Millions fail to review pension plans</title>
	<link>http://www.professionalpensions.com/809278</link> 
	<description>
MORE than 13 million people have never reviewed their pension plans, research from Baring Asset Management shows. </description>
	<pubDate>Mon, 11 Aug 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/809278</guid> 
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	<title>Holden rejects calls to pay trustees</title>
	<link>http://www.professionalpensions.com/809066</link> 
	<description>
Trustee champion Brian Holden has rejected claims that increasing regulatory pressures are making the role too complex for unpaid trustees.</description>
	<pubDate>Fri,  8 Aug 2008 15:30:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/809066</guid> 
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	<title>BALPA workers accept DB scheme closure</title>
	<link>http://www.professionalpensions.com/808990</link> 
	<description>
Trade union GMB has accepted the British Airline Pilots’ Association’s closure of its defined benefit pension scheme.</description>
	<pubDate>Fri,  8 Aug 2008 11:24:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/808990</guid> 
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	<title>Credit crunch has created unprecedented buyout opportunities</title>
	<link>http://www.professionalpensions.com/808840</link> 
	<description>
The credit crunch has created unprecedented opportunities for the insured buyout market and businesses looking to clear pension liabilities from balance sheets, Aon Consulting says.</description>
	<pubDate>Thu,  7 Aug 2008 15:04:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/808840</guid> 
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	<title>OPA calls for enforcement of 50% MNT level</title>
	<link>http://www.professionalpensions.com/808720</link> 
	<description>
The government must honour its commitment to enforcing a minimum of 50pc member-nominated trustees on scheme boards, the Occupational Pensioners’ Alliance urges.</description>
	<pubDate>Thu,  7 Aug 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/808720</guid> 
	</item>
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	<title>NAPF launches service for financial directors</title>
	<link>http://www.professionalpensions.com/808357</link> 
	<description>
THE National Association of Pension Funds has launched a service to provide information and support to financial directors involved in their organisation’s occupational scheme.</description>
	<pubDate>Wed,  6 Aug 2008 11:48:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/808357</guid> 
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	<title>FTSE100 firms see funding levels fall by &amp;pound;53bn</title>
	<link>http://www.professionalpensions.com/808338</link> 
	<description>
FTSE100 company pension schemes have a net deficit of &amp;pound;41bn compared to a &amp;pound;12bn surplus in July last year, Lane Clark &amp;amp;amp; Peacock figures show.</description>
	<pubDate>Wed,  6 Aug 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/808338</guid> 
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