NAPF 2014: From Webb to regulation - the top ten stories

Professional Pensions | 17 Oct 2014 | 12:11 | To read this article you must be a subsriber

Liverpool has been alive with industry figures attending the National Association of Pension Funds (NAPF) annual conference this week, and here are the top ten stories from the event.

Arena and Conference Centre Liverpool
Otto Thoresen

NAPF 2014: Industry must approach post-Budget changes ‘more positively’

The pensions industry needs to take a more positive approach to the post-Budget changes, according to Association of British Insurers director-general Otto Thoresen.

Professional Pensions | 15 Oct 2014 | 16:04 | To read this article you must be a subsriber


ABI: Drawdown sales climb 55% post-Budget

There has been a 55% increase in drawdown sales since the Chancellor announced the liberalisation of the retirement process in March, according to the Association of British Insurers (ABI).

Professional Pensions | 11 Sep 2014 | 12:04 | To read this article you must be a subsriber



Webb says pension incomes in 40 years will be as good as they are today

The pensions minister has revealed that the Department for Work and Pensions (DWP) predicts people's pension incomes will in the future be consistent with present earnings.

Professional Pensions | 10 Sep 2014 | 13:06 | To read this article you must be a subsriber


EXCLUSIVE: IIC to be disbanded following IMA and ABI investment tie-up

The Institutional Investor Committee (IIC) – a group of trade associations that represent institutional investors – is to be disbanded following the merger between the Investment Management Association and the Association of British Insurer’s investment affairs unit, PP can reveal.

Professional Pensions | 13 Aug 2014 | 13:32 | To read this article you must be a subsriber


Legal & General to quit ABI membership

Legal & General (L&G), the country's biggest pension fund manager, has confirmed the end of its Association of British Insurers (ABI) membership.

Professional Pensions | 13 Aug 2014 | 11:42 | To read this article you must be a subsriber

Thumbs down

Exclusive: Industry not doing enough to end legacy scheme rip offs

Almost three quarters of respondents to a Professional Pensions poll said the industry was not doing enough to ensure members of legacy defined contribution (DC) schemes got value for money.

Professional Pensions | 08 Aug 2014 | 13:43 | To read this article you must be a subsriber

Risk magnifying glass

ShareAction brands DC legacy review ‘conflicted and ineffective’

The Association of British Insurers’ (ABI) review of legacy workplace pension schemes is “conflicted and ineffective”, according to campaign group ShareAction.

Professional Pensions | 01 Aug 2014 | 12:41 | To read this article you must be a subsriber


IMA appoints chairman amid ABI merger

Newton Investment Management chief executive officer Helena Morrissey is to chair the new organisation arising from the merger of the Association of British Insurers (ABI)’s investment affairs division and the Investment Management Association (IMA).

Professional Pensions | 18 Jun 2014 | 11:06 | To read this article you must be a subsriber


IMA to merge with ABI investment division

The Investment Management Association (IMA)is to merge with the Association of British Insurers' (ABI) investment affairs unit in a bid to give fund managers a single, stronger representative voice.

Professional Pensions | 11 Apr 2014 | 12:24 | To read this article you must be a subsriber


Webb: Providers should have no part in retirement guidance

Steve Webb would be “nervous” about providers playing a part in the Chancellor’s guidance at retirement pledge.

Global Pensions | 10 Apr 2014 | 10:49

Otto Thoresen

ABI says insurers ‘can deliver’ Osborne’s pension advice promise

The insurance industry is capable of cost effectively delivering the Chancellor’s ‘retirement advice for all’ pledge, but passing the “impartially test” would be challenging, Otto Thoresen has told MPs.

Professional Pensions | 08 Apr 2014 | 13:21 | To read this article you must be a subsriber


TPAS call volumes double after Budget

The Pensions Advisory Service (TPAS) received twice the normal number of calls following Chancellor George Osborne’s delivery of the Budget 2014.

Professional Pensions | 24 Mar 2014 | 12:18 | To read this article you must be a subsriber

Pensions library


A guide to Pensions Stability


This guide to Pensions Stability explores the new financial and operational model for defined benefit (DB) pension schemes. Pension schemes are still being run with far greater risk than is necessary and there is an opportunity to create a more stable pensions environment for trustees and sponsors.


Joint institute pensions survey 2014


This inaugural survey among 326 members of the Chartered Institute of Personnel and Development (CIPD) and the Pensions Management Institute (PMI) asked whether auto-enrolment will deliver on its goals; if contribution rates for employees and employers need to rise; and whether pensions tax relief needs further reform.

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