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NAPF welcomes PPF strategy but cautions on levy
25 August 2010
NAPF welcomes PPF strategy but cautions on levy Commenting on today’s announcement of a long-term funding strategy by the Pension Protection Fund (PPF), Joanne Segars, NAPF Chief Executive, said: "Pension funds welcome the PPF’s ambi...
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More time needed to cope with pension age rise
06 August 2010
Government plans to raise the state pension age for men to 66 by 2016 are too hasty and do not give people enough time to prepare, pensions experts warned today. The National Association of Pension Funds (NAPF) said many people in th...
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NAPF reacts to pensions tax relief paper
27 July 2010
Treasury proposals on pensions tax relief are a step in the right direction and will be less damaging to workplace pensions, the NAPF said today. The Treasury today issued a discussion document on an alternative to the previous gover...
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Indexation changes give final salary pensions more flexibility
08 July 2010
Welcoming today’s announcement by the DWP on the indexation and revaluation of occupational pensions, Joanne Segars, NAPF Chief Executive, said: “The Government moved state and public sector schemes from RPI to CPI in the Emergency Bu...
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EU green paper debate welcome but commission must tread carefully
07 July 2010
The NAPF welcomed the launch of the EU Green Paper on pensions today, but warned that unnecessary rules could damage UK pensions. Joanne Segars, NAPF Chief Executive, said: “Europe is getting older and retirement ages will have to mi...
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NAPF supports FRC stewardship code
02 July 2010
The Financial Reporting Council (FRC) today published the first Stewardship Code for institutional investors. Commenting on the Code, David Paterson, NAPF Head of Corporate Governance, said: “The NAPF is supportive of the Code, which...
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Rising retirement ages inevitable and 2012 auto-enrolment must be workable
24 June 2010
The National Association of Pension Funds (NAPF) commented on announcements about the UK pension system made this morning by Iain Duncan Smith and Steve Webb. On the state retirement age, Joanne Segars, NAPF Chief Executive, said:“Pe...
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Rethink on pensions tax relief welcome
22 June 2010
In today’s Budget statement the Chancellor said he would look at alternatives to restricting pensions tax relief for those earning over 150,000. Joanne Segars, NAPF Chief Executive, said: “We are pleased the Chancellor has listened to...
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Budget must nurture workplace pensions
18 June 2010
The Government must use the Emergency Budget to help revitalize and support good workplace pensions, industry experts said today (Friday). The National Association of Pension Funds (NAPF) outlined a number of areas in its Emergency B...
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BP dividend suspended
17 June 2010
Commenting on the announcement today about BP’s dividend payment, Joanne Segars, NAPF Chief Executive, said:“The ability of pension funds to pay the pensioners of today and tomorrow should not be affected. Pension funds are very long-...
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