Latest articles from David Rowley

Member trustees demand 50/50 representation on boards

The newly formed Association of Member Nominated Trustees (AMNT) is calling for trustee boards to contain equal numbers of member and company appointed trustees

Bond prices see funds rerisking portfolios

The market for corporate bonds and gilts has become so unfavourable for buyers some pension funds have started ‘rerisking’ portfolios

The three emotional responses to hedging liabilities

A closed pension fund with a 10- to 20-year planned exit, set by its sponsoring employer, will have an increasing need to hedge its liabilities. However, buying government bonds and corporate bonds has become a lot less attractive during the past two years

Over 100 employers to launch corporate wraps

More than 100 employers are projected to launch corporate wraps for staff by April 2011

Local authorities on the verge of groundbreaking asset deal

Three local authorities are on the verge of transferring ownership of council property, including car parks, to indebted pension funds

FP's Bupa deal to improve corporate wrap proposition

Friends Provident has purchased Bupa’s group life business and protection business in a move that will boost its corporate wrap offering and consultant relationships

Skill or luck – successful funds get close analysis

Benign economic conditions will often cover up bad fund management – but in the current environment true skill shines through, finds David Rowley

Trustees challenged to use fiduciary management

Trustees should consider fiduciary management to raise returns by 1% per year, the National Association of Pension Funds annual conference has heard

MNOPF LDI deal to 'define best practice'

The £3bn Merchant Navy Officers Pension Fund (MNOPF) is to move to a liability driven investment model to be run by Towers Watson

Employers unprepared for end to default retirement age

HR staff fear a wave of employment tribunals once the default retirement age is phased out from next April