All articles by Maxine Kelly – Page 3
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Opinion
Editorial: TEE, no sugar
“Promise made, promise delivered,” was George Osborne’s puffed appraisal of his inheritance tax move, which will add a £175,000 allowance for bequeathed family homes on top of the existing £325,000 threshold.
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Opinion
Editorial: Pass the cashish, it's time to get creative
No festival is complete without music. As I loitered at the fringes of a marquee, in Wednesday’s sweltering heat, sounds from nearby speakers streamed an eclectic mix of hillbilly country and Mexican mariachi as I watched the panel discussion on foreign exchange.
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Opinion
Governance drives the game
DC Investment Quarterly: Mid-flux – that's the position of defined contribution schemes trying to readjust to the new reform and regulatory environment they find themselves in.
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Opinion
Five key graphs on Nest's retirement income blueprint
From the blog: The flexibilities did away with traditional thinking on what makes an appropriate default fund, and with it kick-started the debate on the best route for accessing income from defined contribution pots.
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News
TUC calls for same-sex parity on survivor pensions
One in four defined benefit schemes do not treat same-sex and opposite-sex couples equally on survivor benefits and the TUC is pressing government to close the gap, which could cost around £3.3bn.
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Opinion
Editorial: Second-chance annuities
It was never going to be straightforward. When the idea of secondhand annuities was first mooted, commentators were at once delighted by the idea of being able to reverse the irreversible, but perplexed as to how it could generate a good deal for those involved.
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News
TfL tunnels further into alternative credit
Transport for London pension scheme has moved further into alternative credit investments including mezzanine debt, as it seeks to diversify its fixed income portfolio.
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Opinion
Editorial: Speed bumps
When the government announced last week it was launching a consultation into the processes underlying the pension freedoms, it came as little surprise to those who foresaw the rollout of these reforms having a bumpy ride.
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Opinion
Minded to make the money last?
From the blog: So, only around one in eight over-40s plans to cash in more than half of their pension pot.
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Opinion
Editorial: Out of reach
Last week saw Pensions Expert host its 10th annual Leadership of DC Pensions summit in the City.
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Opinion
Editorial: Cache is king
The structure of pension funds is such that there has always been an obligation for them to buy bonds, the traditional income-producing asset class that enables schemes to match pensioner liabilities.
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Opinion
Editorial: Revived pressures
The idea that the in-out referendum could be brought forward to next year has really focused the minds of many across the UK, and the pensions industry is starting to consider what the result could mean.
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News
Wandsworth eyes private rents as London CIV preps for launch
Wandsworth Borough Council is considering an allocation to the private rented sector to capitalise on a “unique opportunity”, but is wary that hidden costs or changes to regulation could render the investment unviable.
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Opinion
How can smart beta best be used in the new DC default space?
KPMG's Simeon Willis, Towers Watson's Stephen Miles, State Street Global Advisors' Richard J Hannam, Cambridge Associates' Alex Koriath and Indexx Markets' Ronan Kearney, debate the popularity of smart beta among UK institutional investors in the third of a four-part roundtable.
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Opinion
What is a suitable time period for assessing a strategy’s success?
KPMG's Simeon Willis, Towers Watson's Stephen Miles, State Street Global Advisors' Richard J Hannam, Cambridge Associates' Alex Koriath and Indexx Markets' Ronan Kearney, debate the popularity of smart beta among UK institutional investors in the last of a four-part roundtable.
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Opinion
How are approaches to combining smart beta strategies changing?
KPMG's Simeon Willis, Towers Watson's Stephen Miles, State Street Global Advisors' Richard J Hannam, Cambridge Associates' Alex Koriath and Indexx Markets' Ronan Kearney, debate the popularity of smart beta among UK institutional investors in the second of a four-part roundtable.
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Opinion
Editorial: Revealing more than just winners
Last week's Pension & Investment Provider Awards ceremony in London was a glitzy affair attended by key pensions industry folk from all corners of the sector.
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Opinion
Editorial: Navigating risk and reward
The term ‘low-yield environment’, which once struck fear into the hearts of scheme trustees tackling deficits, has all but got its feet under the table. We are almost, but not quite, at home with the reality, like the in-laws who came for two weeks but ended up staying for six months.
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Opinion
Editorial: Stability a long way off
The election was unlike any other in recent memory for a host of reasons: its too-close-to-call nature, the shock not-quite-as-close exit poll on Thursday night, Jeremy Paxman ditching his fearsome Newsnight demeanour to dabble in wit on comedy panel shows.
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Opinion
General election 2015 – in pictures
General election 2015: Even the Conservatives couldn't quite hide their surprise at the outcome. Here are some key moments for party leaders following a night they will never forget...