Saturday 31 August 2013

A better offer is needed

The survey results are back and the message from BMA members to the government is clear. Their pensions proposals are unfair and unacceptable and it’s time for them to get back to the negotiating table and make a better offer. Disappointingly, their initial response has not been to acknowledge the unprecedented strength of feeling but [...]

Source: http://blogs.bma.org.uk/pensions/2012/01/20/a-better-offer-is-needed/

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Age UK?s Economic Tracker: many in their early 50s fear losing their home

Last week Age UK launched the second edition of its Economic Tracker . This addition includes the result of the first wave of a survey we have developed to track older peoples? views on the economy and their financial situation. … Continue reading

Source: http://feedproxy.google.com/~r/AgeUkBlog/~3/BwX7k41Ih28/

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Pensions are rubbish!

I visited a couple of Company Directors last week. It was my second visit; to present my Pensions recommendations to them.

Source: http://www.lse.co.uk/blogs/expert/resident-ifa-blog/2kflj2/

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How S.S.A.S. can help extract cash from your property with tax relief

A Pension Practitioner.Com S.S.A.S. can help you cut tax and extract cash from your property without a remortgage whilst getting tax relief.
After regulated advice you transfer your old pension into your SSAS, account. Your scheme then purchases equity in the property (Subject to independent valuation.). This releases cash to you. A further [...]

Source: http://www.pensionpractitioner.com/blog/how-ssas-can-help-extract-cash-from-property-with-tax-relief/71/

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Guest blog ? Jo Swinson MP

This guest blog was contributed by Jo Swinson MP, Minister for Employment Relations and Consumer Affairs. Despite the excellent work carried out by Trading Standards and other enforcers, far too many rogue traders still get away without paying any money�back … Continue reading

Source: http://feedproxy.google.com/~r/AgeUkBlog/~3/ysi3oxx70rQ/

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The best news pictures of the day

The Guardian's award-winning picture team rounds up the most eye-catching images


Source: http://www.theguardian.com/news/2013/aug/30/the-best-news-pictures-of-the-day

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Tax Free Childcare: The Employer role?

I spent a reasonable chunk of yesterday afternoon reading through the Childcare Vouchers consultation that I mentioned on this blog at the start of the holiday season.� My initial thought is that the consultation (and the proposals) are both a�lot … Continue reading

Source: http://www.jelfgroup.com/blog/2013/08/tax-free-childcare-the-employer-role/?utm_source=rss&utm_medium=rss&utm_campaign=tax-free-childcare-the-employer-role

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Ask Alys: your gardening questions answered

I want a plant to cover a bare brick northern wall. Trouble is, my garden is tiny

I'm looking for something to cover a bare brick northern wall. My garden is tiny, about 3m x 3m.

It's a tricky spot and ivy is probably the easiest option. It doesn't have to be plain, ordinary ivy: you could go for variegation or an interesting leaf shape, such as Hedera helix 'Sagittifolia'. You may be tempted by Boston ivy, Parthenocissus tricuspidata 'Veitchii', which has large green leaves that turn purple and red in autumn, but it is far too vigorous for your space. Another option is Pyracantha, varieties such as 'Watereri' (red berries), 'Orange Glow' (orange berries) or Pyracantha rogersiana (best for shaded walls). Pyracantha has small white flowers in early summer on a backdrop of glossy leaves, and by autumn is covered in berries. It is good for bees and doesn't mind being pruned hard, so you can train it to truly stick to the wall.

Finally, you could go with Hydrangea anomala subsp petiolaris. It is self-clinging and, once established, won't mind hard pruning to keep it as close to the wall as you can. It will stick out but the foliage and flowers are very attractive.

? Got a question for Alys? Email askalys@theguardian.com


theguardian.com © 2013 Guardian News and Media Limited or its affiliated companies. All rights reserved. | Use of this content is subject to our Terms & Conditions | More Feeds

Source: http://www.theguardian.com/lifeandstyle/2013/aug/31/ask-alys-fowler-gardening-questions

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The crisis in living standards & how to solve it

The British economy might be recovering but the […]

Source: http://touchstoneblog.org.uk/2013/08/the-crisis-in-living-standards-how-to-solve-it

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PNR001 Property Price Predictions

Learn more about Property Investment in less than 15 minutes per week Hi I?m Rob Bence I

The post PNR001 Property Price Predictions appeared first on RMP Property - The UK Property Investment Experts.

Source: http://feedproxy.google.com/~r/co/SgjQ/~3/OIShc3KZXL8/

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Skills from the widest possible pool crucial for Industry

Source: http://blogs.birminghampost.co.uk/business/2013/07/skills-from-the-widest-possibl.html

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The Property Learning Cycle

At RMP we are passionate about education; we provide our clients with podcasts, blogs, emails and a

The post The Property Learning Cycle appeared first on RMP Property - The UK Property Investment Experts.

Source: http://feedproxy.google.com/~r/co/SgjQ/~3/jQ1SIn2UpO0/

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Friday 30 August 2013

You want a workplace pension for your staff? ? delighted to help!

Mrs HR Dee Smallco Ltd. Sunny Uplands GB Dear Mrs Dee, Thanks for your enquiry. I can see you are sold on the idea of offering a workplace pension for your staff. You know you have to anyway, but I … Continue reading

Source: http://henrytapper.com/2013/08/27/you-want-a-workplace-pension-for-your-staff-delighted-to-help/

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Growth and living standards ? the big disconnect

The economy is recovering and yet living standards […]

Source: http://touchstoneblog.org.uk/2013/08/growth-and-living-standards-the-big-disconnect

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The government brought us here

If someone had told me when I joined the BMA over 13 years ago that one day I would be writing a blog about doctors taking industrial action (over anything) then I might have feared for their mental health. After all, doctors are hardly known for their militancy, and yet here we are. Amid all [...]

Source: http://blogs.bma.org.uk/pensions/2012/05/31/the-government-brought-us-here/

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You don't need a weatherman . .

Source: http://blogs.birminghampost.co.uk/business/2013/07/you-dons-need-a-weatherman.html

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Trustees, does your scheme have any pension guarantees?

Are you fully aware of all the pension promises made under your pension scheme?� There’s one batch you may have missed ? the reinstated pensions after the misselling scandal of the 80s and 90s. Do you remember the introduction of personal pension schemes in 1988 and the subsequent misselling saga when commission-driven salesman persuaded members [...]

Source: http://www.pensionstalk.co.uk/hidden-liabilities/trustees-does-your-scheme-have-any-pension-guarantees/?utm_source=rss&utm_medium=rss&utm_campaign=trustees-does-your-scheme-have-any-pension-guarantees

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Pensions Champions courses: Summer term 2009

This course will help union reps to:

  • consider the basic pension environment, examining state pensions, occupational pensions, personal pensions and additional pensions
  • become familiar with a range of resources, looking at published materials as well as those available on websites
  • make extensive use of the TUC's online materials, all activities will have an online element

read more

Source: http://www.pensionschampions.co.uk/?q=node/68

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Guest blog ? Jo Swinson MP

This guest blog was contributed by Jo Swinson MP, Minister for Employment Relations and Consumer Affairs. Despite the excellent work carried out by Trading Standards and other enforcers, far too many rogue traders still get away without paying any money�back … Continue reading

Source: http://feedproxy.google.com/~r/AgeUkBlog/~3/ysi3oxx70rQ/

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Quick GDP Reaction

An increase from 0.6% to 0.7% isn?t big […]

Source: http://touchstoneblog.org.uk/2013/08/quick-gdp-reaction

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And the winner is?no one

Once again Europe has spoken and this time it’s the women who will pay – well sort of. The latest diktat from the ECJ has declared that it will no longer be legal for insurance companies to use sex based factors when pricing products whether that be car insurance, life insurance or (and this is [...]

Source: http://www.pensionlawyerblog.com/pensions-ec

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Disclosure (Cheap as chips Pt.2)

The case I mentioned in 'Cheap as chips!' two days ago has already been accepted.

Source: http://www.lse.co.uk/blogs/expert/resident-ifa-blog/42foep/

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MyIP joins the Inter Payroll family

Inter Payroll announces MyIP- the new secure online data transmission system.

Similar Posts

  1. Inter Payroll unveil new changes
  2. Inter Payroll introduces Live Chat
  3. Christmas and New Year opening hours

Source: http://www.interpayroll.co.uk/blog/news/myip-joins-the-inter-payroll-family.html

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Ditch the ?global race? nonsense. Airport expansion is desirable in its own right

The economic debate about airport expansion has become a proxy war, fought by both sides with proxy arguments. When somebody tells you that they are for/against airport expansion because of X, and you happen to disagree, don’t waste any time trying to debunk argument X. There’s a good chance that X is not really the reason why that person stands where they stand. X may be the most socially acceptable argument for/against airport expansion, but it is not necessarily the pivotal argument.

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Source: http://www.iea.org.uk/blog/ditch-the-%E2%80%98global-race%E2%80%99-nonsense-airport-expansion-is-desirable-in-its-own-right

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Thursday 29 August 2013

Verify your Motivations before You Choose Pension Release

Generally, UK pension holders contribute to their personal pension fund or old Company pension fund for the main purpose of having lump sum cash or income when they finally retire. Whilst this may be the primary purpose of pension funds, UK pension holders may find the need to draw from their pension before their retirement [...]

Source: http://www.pensionrelease.org/verify-your-motivations-before-you-choose-pension-release/

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Over to you

BMA members will be given the chance to vote on whether or not they will accept changes to their pensions, following a decision by BMA Council. The vote will be put at the conclusion of negotiations with the government, which is expected to be early next year. We will also be stepping up preparations for [...]

Source: http://blogs.bma.org.uk/pensions/2011/11/25/over-to-you/

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Are NHS patient records really anonymous?

NHS patient data is being sold to third parties for �1 a go. The records are supposed to be anonymous. But is there a risk you could be identified? FactCheck investigates.

Source: http://blogs.channel4.com/factcheck/nhss-anonymous-data-anonymous/14200

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More Common Core News

Do the math — Common Core = a massive, risky experiment on your kids – Fox News news.google.com U.S. News & World Report (blog)Do the math — Common Core = a massive, risky experiment on your kidsFox NewsEspecially in the … Continue reading

Source: http://harlowhome.com/more-common-core-news/

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Swatting flies in Beijing

Source: http://blogs.birminghampost.co.uk/business/2013/08/swatting-flies-in-beijing.html

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Stressed by auto-enrolment? Delighted to help

Miss Connie Troll The Workhouse Slough Of Despond UK Dear Con, Thanks for your kind enquiry. I fully appreciate your frustration at having to deal with yet more duties. I agree with you with you will find it hard to … Continue reading

Source: http://henrytapper.com/2013/08/27/stressed-by-auto-enrolment-delighted-to-help/

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FactCheck: why we haven?t cracked the university problem yet

More students than ever from the poorest backgrounds are applying to university, according to Ucas. But that's not the whole story, as FactCheck finds out.

Source: http://blogs.channel4.com/factcheck/factcheck-why-we-havent-cracked-the-university-problem-yet/14037

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Help to Buy is worrying but the real problem is inflexible housing policy

 

Milton Friedman once observed that, “with some notable exceptions, businessmen favour free enterprise in general, but are opposed to it when it comes to themselves.”

With this in mind, if a market intervention is criticised even within the industries that could benefit from it, it is probably safe to conclude that it is a really bad idea. Help to Buy, the scheme of government-backed mortgage guarantees and interest free loans first announced by George Osborne in this year’s Budget, falls into this category.

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Source: http://www.iea.org.uk/blog/help-to-buy-is-worrying-the-real-problem-is-inflexible-housing-policy-0

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Investment in Intellectual Property Via A SSAS

SSAS, A small self administered scheme is a pension scheme established by the operators of a business, who appoint themselves as members and trustees. They dictate investment policy and ultimately benefit from the proceeds. That investment policy can range from investing money in shares to loans to the business.
A SSAS can purchase an asset from [...]

Source: http://www.pensionpractitioner.com/blog/intellectual-property-investment-via-ssas/92/

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Real Estate Investment Trusts (REITs) and ERISA Plans

According to "REITs By The Numbers," published by the National Association of Real Estate Investment Trusts, Inc. ("NAREIT"), real estate is gaining favor with 401(k) investment committees that decide on asset allocation. They write that the last ten years has seen a rise from 5 percent to 30 percent of 401(k) plans that offer Real Estate Investment Trusts ("REITs") as an investment option. Moreover, the market is large at $1 trillion of real estate held in the form of an investment pool.

If you are a member of a 401(k) investment committee, advisor, consultant or individual participant, you will want to keep up with current guidelines and rules. Some of these are described in "Real Estate Investment Trust Valuation Guidelines Published." This blog post by Susan Mangiero includes FINRA and SEC comments about non-listed REITs as relates to items such as illiquidity, valuation and disclosures.

Source: http://feeds.lexblog.com/~r/PensionRiskMatters/~3/UNvT8PJETtQ/

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Verify your Motivations before You Choose Pension Release

Generally, UK pension holders contribute to their personal pension fund or old Company pension fund for the main purpose of having lump sum cash or income when they finally retire. Whilst this may be the primary purpose of pension funds, UK pension holders may find the need to draw from their pension before their retirement [...]

Source: http://www.pensionrelease.org/verify-your-motivations-before-you-choose-pension-release/

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Wednesday 28 August 2013

Qualified Professional Asset Manager (QPAM) Webinar Slides

Stack of Paper_MP900422183.jpg

The U.S. Department of Labor estimates that there are roughly 4,400 financial organizations relying upon the DOL’s Qualified Professional Asset Manager (“QPAM”) class exemption when managing the assets of their own employee benefit plans. Maintaining QPAM status is important for these asset managers as this class exemption facilitates their ability to make investment decisions with respect to their plans without the need to monitor compliance with the prohibited transaction rules of Section 406(a) of ERISA.  Following an amendment to the QPAM class exemption by the DOL that went into effect in 2012, to secure their QPAM status when they manage the assets of plans they sponsor, financial firms must satisfy an additional hurdle to be able to meet the QPAM exemption requirements - an annual compliance audit conducted by an independent party.

With an impending June 30, 2013 deadline to complete their QPAM audits, financial firms managing assets of their sponsored ERISA plans are confronting the intricacies of this audit process. The goal of this informative and timely webinar is to help asset managers understand what is required to maintain QPAM status with respect to transactions they direct for their own plans.  Join an inter-disciplinary panel of legal, auditing and economic experts to learn about these QPAM audit requirements and how to conduct a QPAM audit.  Topics that will be covered include:

  • The QPAM exemption, why and when an audit is required;
  • QPAM audit requirements;
  • How trading activity is tested;
  • What policies and procedures must be reviewed;
  • Logistics of data gathering and examination of this data;
  • Type of report that an organization is likely to receive; and
  • Correcting any deficiencies uncovered by the audit team.

On May 1, 2013, Dr. Susan Mangiero co-presented as part of a webinar entitled "QPAM Compliance Audits: How Asset Managers Can Minimize Regulatory Risks and the Cost of Breach." Sponsored by Seyfarth Shaw, LLP, the program described the consequences of non-compliance as well as the governance and risk management benefits associated with a QPAM audit.

Click to download the QPAM webinar slides from May 1, 2013.

Source: http://feeds.lexblog.com/~r/PensionRiskMatters/~3/NOItRMCW2Mk/

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The sky is falling down

Well, it certainly seems that way.

Source: http://www.lse.co.uk/blogs/expert/resident-ifa-blog/md5660/

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Population growth is irrelevant: institutions and incentives matter

If we lived in a free economy which had no such sectors, population growth would be no more of a problem than changes in consumer preferences or technology. It would require the kinds of adaptation and adjustment made by market actors all the time. Government planning, however, does not easily lend itself to flexibility, experimentation, and decentralised responses.

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Source: http://www.iea.org.uk/blog/population-growth-is-irrelevant-institutions-and-incentives-matter

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State Pension Forecasts

The State Pension Forecast system is now updated and fully available again. To read the latest information about it from the DWP, download the document attached.

Source: http://www.pensionschampions.co.uk/?q=node/62

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Barbados ? Things are heating up!

Barbados, probably one of the most revered holiday destinations in the UK and arguably the world. The traditional busy period in Barbados tends to last from around the end of November to the end of January and with this, British Airways are advertising their Barbados winter holiday packages in order to convince some of those [...]

Source: http://www.freshinvest.co.uk/blog/overseas-property-investment/barbados-heating-up/

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Shadow cabinet reshuffle: Reeves to DWP?

Rachel ReevesLabour people are starting to come back from their holidays, and they are in a mood little short of despair. Ed Miliband’s “summer of silence” and the criticism it has attracted from some of the party’s biggest beasts have made for a rather gloomy return for many of their MPs and advisers.

Miliband is relying on two events to reset that narrative and re-energise his party: the conference speech and a reshuffle either soon before or soon after conference. Both timings might seem unfair: just before the conference and new shadow ministers don’t have enough time to prepare for interviews and speeches; just after and all the hard pre-conference work is wasted. But such is politics.

Continue reading �

Source: http://blogs.ft.com/westminster/2013/08/shadow-cabinet-reshuffle-reeves-to-dwp/

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Leaving it late

An Accountant referred a 74-year old to me in February. After a deal of procrastination, they are now keen to arrange their Pension income?with 3 weeks until they reach 75. Why is this crucial?

Source: http://www.lse.co.uk/blogs/expert/resident-ifa-blog/yoiqvj/

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A Victorian Global Economy?

On Monday in the FT (so paywall but […]

Source: http://touchstoneblog.org.uk/2013/08/a-victorian-global-economy

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FactCheck: is Big Brother watching you?

One Nation Under CCTV? Maybe, but claims about the numbers of cameras watching Britain are often exaggerated, FactCheck discovers.

Source: http://blogs.channel4.com/factcheck/factcheck-big-brother-watching/14125

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Childcare Vouchers?a baby-step forward

I’m indebted to Owain Thomas of Workplace Savings and Benefits for alerting me to the existence of the Department of Education’s�”More Affordable Childcare” document.� This was�released last week, and amongst other topics,�covers the latest state of play in the�proposed changes … Continue reading

Source: http://www.jelfgroup.com/blog/2013/07/childcare-vouchers-a-baby-step-forward/?utm_source=rss&utm_medium=rss&utm_campaign=childcare-vouchers-a-baby-step-forward

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Tuesday 27 August 2013

Access Your Cash

Accessing this form of finance in this way is taking advantage of the benefits prior to you retiring. With this you can get access to the maximum tax free cash and/or maximum income.� Alternatively, you can release a cash lump sum and then reinvest the balance until the point at which you decide to retire. [...]

Source: http://www.pensionrelease.org/early-pension-release/

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Do you review?

At 6.45 a.m. today I enjoyed my weekly business networking fix...good venue, good weather, good company, and a good breakfast!

Source: http://www.lse.co.uk/blogs/expert/resident-ifa-blog/jjcpg3/

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The Benefit Cap?s Shaky Foundations

The benefit cap is totemic of welfare reform […]

Source: http://touchstoneblog.org.uk/2013/08/the-benefit-caps-shaky-foundations

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FactCheck: What else does the Church of England invest in?

It used to be Britain's biggest landowner, and we know that the Church of England has an indirect stake in Wonga. Are there more skeletons in the closet?

Source: http://blogs.channel4.com/factcheck/factcheck-what-else-does-the-church-of-england-invest-in/14091

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High Speed 2 and the logic of collective action

In a 1965 book, The Logic of Collective Action, the American economist Mancur Olson explores the impact of special interest groups on the political process.

Olson’s hypotheses are derived from what has been termed the ‘free-rider’ problem. If a consumer or worker contributes a few days or dollars to lobby for favourable legislation, he or she will have sacrificed time or money, yet that individual will, at best, succeed in advancing the cause to a small, often imperceptible, degree. It is therefore rational for the individual to let somebody else do the work, thus gaining the benefits at no cost.

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Source: http://www.iea.org.uk/blog/high-speed-2-and-the-logic-of-collective-action-0

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Waterford Crystal balls and Eurovision: could Ireland?s nightmare affect the PPF, the UK and beyond?

Waterford Crystal?s 2009 insolvency has led to broken glass, broken retirements and is symptomatic of Ireland?s broken dreams. The European Court of Justice?s recent decision in the related Hogan case has led some to question the ripple effect on pension protection in the UK and throughout Europe. Peering into my (not Waterford) crystal ball, what [...]

Source: http://www.pensionstalk.co.uk/pension-protection-fund/waterford-crystal-balls-and-eurovision-could-irelands-nightmare-affect-the-ppf-the-uk-and-beyond/?utm_source=rss&utm_medium=rss&utm_campaign=waterford-crystal-balls-and-eurovision-could-irelands-nightmare-affect-the-ppf-the-uk-and-beyond

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Over to you

BMA members will be given the chance to vote on whether or not they will accept changes to their pensions, following a decision by BMA Council. The vote will be put at the conclusion of negotiations with the government, which is expected to be early next year. We will also be stepping up preparations for [...]

Source: http://blogs.bma.org.uk/pensions/2011/11/25/over-to-you/

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The crisis in living standards & how to solve it

The British economy might be recovering but the […]

Source: http://touchstoneblog.org.uk/2013/08/the-crisis-in-living-standards-how-to-solve-it

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Gender quotas: the left?s version of trickle-down economics

 

Suppose a time-traveller from today could go back to the 1960s. His status as ‘the man who knows the future’ quickly earns him enormous political influence, which, being a right-on bien pensant, he uses to persuade the then government to introduce mandatory female quotas in boardrooms. How would that have changed social history? Would female emancipation in the economic sphere have happened more quickly? Would it have sped up the entry of women into higher education, politics, the media, and higher-paid professions?

 
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Source: http://www.iea.org.uk/blog/gender-quotas-the-left%E2%80%99s-version-of-trickle-down-economics

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Quick GDP Reaction

An increase from 0.6% to 0.7% isn?t big […]

Source: http://touchstoneblog.org.uk/2013/08/quick-gdp-reaction

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Monday 26 August 2013

Economic Indicators to Include Focus on Pensions

In what most people would call a significant announcement, the U.S. Bureau of Economic Analysis ("BEA") will begin measuring economic growth this summer by taking pension finance into account. According to its March 2013 announcement, BEA will record defined benefit plan transactions on an accrual accounting basis. This entity, part of the U.S. Department of Commerce, will now include a pension plan subsector in the national income and product accounts ("NIPAs"). As much as possible, the BEA will "provide estimates of the current receipts, current expenditures, and cash flow for the subsector." The intended changes contrast with the current method of including information about disbursements and earnings of pension plans as participants' personal items and using a cash basis for reporting.

The goal of enhancing transparency about employer-provided defined benefit retirement plans is laudable. However, in reading the fine print, one wonders if the opposite will occur and users of post-implementation data will be more confused. For one thing, the BEA states that it will adopt an accumulated benefit obligation ("ABO") for "both privately sponsored and state and local government sponsored plans" and use a projected benefit obligation ("PBO") for federal government plans. This means that you will never be able to compare all defined benefit plans with a single set of rules. Second, the BEA describes a discount rate assumption that "will be based on the AAA corporate bond rate published by the Federal Reserve Board." Since debt issued by the U.S. is no longer rated AAA and recent regulations allow for temporary funding relief for corporate pension plans, how will BEA numbers compare and contrast with financial accounting numbers over time? Third, since certain data is not available prior to 2000, the BEA will extrapolate to generate "normal costs" for past years. Will their method of extrapolation allow for an accurate "apples to apples" assessment of historical pension earnings and costs? In the plus column, applying the same discount rate for private pension plans versus state and local offerings will help to better assess the economic viability for each sector.

Should the Public Employee Pension Transparency Act move forward, disclosures will be based on the BEA approach. Understanding what BEA numbers do or do not show will therefore be a critical exercise for policy-makers, investors and participants.

For a detailed discussion of these intended changes on the part of the BEA, read "Preview of the 2013 Comprehensive Revision of the National Income and Product Accounts: Changes in Definitions and Presentations," BEA, March 2013. Click to read about advantages of passing the Public Employee Pension Transparency Act. Click here to read criticisms of this proposed rule. On April 23, 2013, the U.S. Senate received a version of the Public Employee Pension Transparency Act in the form of S. 779. This proffered legislation cites a staggering $5.170 trillion in pension liabilities of the 50 states combined. It is no wonder that numerous individuals want a true tally of what is owed.

Source: http://feeds.lexblog.com/~r/PensionRiskMatters/~3/VdPjSCiZnwM/

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No shale gas price revolution

An oddly wide of the mark�intervention in the […]

Source: http://touchstoneblog.org.uk/2013/08/no-shale-gas-price-revolution

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The workplace welfare platform?

Auto-enrolment is a �big win for welfare in the UK. Getting the 1.2m employers in the UK in the habit of managing contributions for their employees and workers means that for all but a hardcore of self-employed professionals (who can … Continue reading

Source: http://henrytapper.com/2013/08/18/the-workplace-welfare-platform/

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A levels, more maths and sciences good news

Source: http://blogs.birminghampost.co.uk/business/2013/08/a-levels-more-maths-and-scienc.html

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Life insurance...not just for mortgages

You obtain a mortgage, and then you obtain life insurance. Right?

Source: http://www.lse.co.uk/blogs/expert/resident-ifa-blog/4ode9v/

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Barbados ? Things are heating up!

Barbados, probably one of the most revered holiday destinations in the UK and arguably the world. The traditional busy period in Barbados tends to last from around the end of November to the end of January and with this, British Airways are advertising their Barbados winter holiday packages in order to convince some of those [...]

Source: http://www.freshinvest.co.uk/blog/overseas-property-investment/barbados-heating-up/

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Gender quotas: the left?s version of trickle-down economics

 

Suppose a time-traveller from today could go back to the 1960s. His status as ‘the man who knows the future’ quickly earns him enormous political influence, which, being a right-on bien pensant, he uses to persuade the then government to introduce mandatory female quotas in boardrooms. How would that have changed social history? Would female emancipation in the economic sphere have happened more quickly? Would it have sped up the entry of women into higher education, politics, the media, and higher-paid professions?

 
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Source: http://www.iea.org.uk/blog/gender-quotas-the-left%E2%80%99s-version-of-trickle-down-economics

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Japan disaster?s effect on those retiring

I was beavering away yesterday; preparing for an interim Client meeting ? to let him know how my financial planning thoughts had progressed re: his impending retirement.

Source: http://www.lse.co.uk/blogs/expert/resident-ifa-blog/4fnaz7/

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2 policies better than 1?

You and your Partner have just arranged a new mortgage and/or reviewed your existing protection arrangements. So, time to arrange/replace your Life (& Critical Illness) insurance in joint names?

Source: http://www.lse.co.uk/blogs/expert/resident-ifa-blog/cwka78/

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The impact of using unemployment as an economic tool

Source: http://blogs.birminghampost.co.uk/business/2013/08/the-impact-of-using-unemployme.html

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Sunday 25 August 2013

Balcombe?s wake-up call

As Caroline Lucas MP was arrested at the […]

Source: http://touchstoneblog.org.uk/2013/08/balcombes-wake-up-call

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Is this the most curious political donation in recent British history?

It?s not totally unheard of for political donors to spread their largesse over more than one party. (Andrew Rosenfeld, now one of Labour?s most generous benefactors, was previously seen as close to the Conservative party. The property developer and one-time tax exile gave �10,000 to Ken Clarke in 2001 and was even considered a potential Tory Treasurer.)

But today?s donation figures include an unprecedented gem involving the mysterious ?Ms Joan L B Edwards?.

Mrs Edwards gave more than half a million pounds in her will after she died in September 2012: spread between both the Tories and the Lib Dems.

According to party sources, her will specified that the money should go towards ?whoever

Continue reading �

Source: http://blogs.ft.com/westminster/2013/08/is-this-the-most-curious-political-donation-in-recent-british-history/

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Green light for pensions champions

Prospect is to set up a network of workplace pensions champions to help members handle the many retirement choices they now face. Conference backed a proposal by the national executive to give full support to the TUC's pensions champions project.

People now understood pensions issues much better than in the past, but how they actually work is less well understood, said Audrey Uppington, moving the NEC motion. The TUC project aimed to explain to members at work the options available to them, she said. It includes a pensions website and the facility for members to build up their own personal pensions profile.

read more

Source: http://www.pensionschampions.co.uk/?q=node/59

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Hedge Fund and Private Equity Fund Due Diligence for Pension Funds

If you missed the Strafford CLE event on June 5, 2013 entitled "ERISA Pension Plans in 2013: Due Diligence for Hedge and Private Equity Funds: Avoiding the Pitfalls with Alternative Investments for Institutional Investors and Fund Managers," there is still an opportunity to purchase the recording. Click here for more information.

In the meantime, click to access the due diligence slides that were used by Dr. Susan Mangiero (Fiduciary Leadership, LLC), private fund attorney Rosemary Fanelli (CounselWorks) and ERISA attorney Tiffany Santos (Trucker Huss).

While we ran out of time with so much left to discuss beyond our assigned 90 minute slot, the two attorneys who spoke with me talked a lot about their perception of a changed environment. Their message was that institutional investors seem to be under a lot more pressure now to demonstrate that comprehensive due diligence activities have taken place. One attorney listener in the audience echoed this sentiment presented by the two legal speakers. He offered his opinion that an investment consultant or financial advisor should work closely with both an ERISA counsel as well as a fund attorney as part of the due diligence process.

Source: http://feeds.lexblog.com/~r/PensionRiskMatters/~3/OV1gZsWl7Nk/

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7 Reasons to Switch Your SSAS Provider Today

SSAS or Small Self-Administered Scheme (SSAS) is a type of pension scheme for businesses and entrepreneurs. Although SSAS is credible and has been present in the market for some time, it is still largely unknown among many small to medium sized business. As a result, the true potential of SSAS pension schemes has been overshadowed [...]

Source: http://www.pensionpractitioner.com/blog/7-reasons-to-switch-ssas-provider-today/97/

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The Benefit Cap?s Shaky Foundations

The benefit cap is totemic of welfare reform […]

Source: http://touchstoneblog.org.uk/2013/08/the-benefit-caps-shaky-foundations

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Australia need radical rethink to beat All Blacks

The Wallabies need to make sweeping changes if they are to trouble the far-superior All Blacks

The Wallabies ought not to blame referee Jaco Peyper for their 27-16 Bledisloe Cup (and Rugby Championship) loss in Wellington. Peyper's performance was dreadful, and that's being kind to the South African, but his many blunders ultimately had no bearing on the result. Let's be big enough to face the harsh truth: the All Blacks are quite simply in a different class right now.

In fact, New Zealand might as well be from another planet the way they're playing. Incredibly, they've evolved into a side that no longer need to secure their own ball to win. They use the opposition's instead. Whereas only a few years ago the All Blacks bullied and pounded teams into submission, now they let the opposition punch themselves out first. They take the pain and punishment, keep faith in their defensive systems and wait for errors. And then they strike - bang, bang, you're dead. The All Blacks did exactly that in Sydney last week and then again on Saturday night across the Tasman. It's excruciatingly cruel for the opposition who are left befuddled at having unloaded both barrels and the kitchen sink only to be left spread-eagled when the intended target fires back with a single killshot. Indeed, it would be comical if it were not so infuriating for the Wallabies.

In many ways, Australia would have been more demoralised by the showing in Wellington than last week's bumbling effort as they never once looked like winning despite dominating key statistics ? 60 per cent possession, running metres (611m to 426m), fewer missed tackles (14 to 16), and rucks and mauls (80 to 50). The All Blacks won more turnovers and converted that advantage into six line-breaks for two quick-fire tries; and therein lies the tale of the tape.

The Wallabies coach Ewen McKenzie and captain James Horwill cut exasperated figures at the post-match press conference. Peyper's abject display was a part of that. But so too must have been a sense of bewilderment at not being able to beat the All Blacks with a performance that might probably have been enough before New Zealand won the 2011 Rugby World Cup. To think that the All Blacks have progressed since then ? when everyone including history says they should be in decline, as eventually happens to all great teams and players ? has got to be hurting the Wallabies no end. The All Blacks have regenerated brilliantly.

The final Bledisloe match, a dead rubber, is in Dudenin on October 19. What do the Wallabies need to do to close the gap? Well, they arguably have the best players available to catch them. And they can certainly tighten up their play in traditional areas such as the scrum (it was a disgrace last night), general play kicking, and the receipt of high balls. But even with those improvements, winning possession, territory, running metres and rucks still won't be enough to beat the All Blacks. The Wallabies need to re-think their approach to the game and give the All Blacks something different to look at in Dunedin.

Here are a couple of thoughts to get things moving.

As a top priority, the Wallabies need to vary their running lines in attack and improve support for the ball carrier. The attack has been too lateral of late and too easy to defend against. The All Blacks have been largely unperturbed. In fact, coach McKenzie would do well to invite someone like, say, NRL and Queensland Origin playmaker Johnathan Thurston to teach players about inside runners and how to run support options following a line-break ? a facet of play the Wallabies have been very poor at with several clean bursts ending without reward.

Finally, it's time for Australia to get clever again. How about a creating a second half-back role? Say, for example, having a fly-half/half-back interchangeability built into the attack? Or maybe even a winger helping out? The All Blacks contest rucks with such intensity and precision that unless the opposition half-back is immediately on hand for a quick clearance three things tend to happen: (1) The All Blacks see the ball is available at the back of the ruck and simply run around to pick it up; (2) The All Blacks slow down the ball, and; (3) The Wallabies get penalised for not releasing (i.e., the player illegally delays his presentation of the ball because he knows the half-back hasn't arrived yet). How different would the Wallabies attack be with inside runners and two half-backs operating in tandem, clearing ball swiftly from a series of raids stretching the All Blacks left to right, and back the other way? Yes, it's something a bit different all right. But that's the idea - giving the All Blacks something different to look at. That has been McKenzie's mantra at the Queensland Reds. He needs to bring that same mindset to the Wallabies if the Bledisloe Cup has any chance of returning in our lifetime.


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Source: http://www.theguardian.com/sport/blog/2013/aug/25/rugby-bledisloe-cup-australia-new-zealand

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Only serious reform can halt the increasing cost of childcare in Britain

Monday saw the release of a report by the Child Poverty Action Group (CPAG) showing what many already expected. In recent years, child-related expenses have risen considerably, with the cost of childcare a major driver. Accumulated over 18 years, raising a child in a couple household now costs about £150,000.

 
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Source: http://www.iea.org.uk/blog/only-serious-reform-can-halt-the-increasing-cost-of-childcare-in-britain

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