OPDU Report Archive

2011

OPDU Report 29, October 2011

Bulletin Board
Chairman's Comments
OPDU Member successes at the Professional Pensions Pension Scheme of the Year Awards 2011
New cover enhancements to the OPDU Elite Policy
OPDU's Recent Claims Experience
Some Key Issues for Trustees
New Appointments
News from The Pensions Archive

The OPDU/ACE Annual Pension RIsk Conference

Trustee Risk: A Lawyers' Perspective Robert West
Is Covenant a Risk? Taylor Dewar
Covenant Assessment Clive Gilchrist
Understanding risk in a DC journey Daniel Morris
DB & DC, Joined at the Hip Chris Hitchen
Trusteeship in an Evolving Landscape Bill Galvin
Pension Administration - Turning Wishes into Reality Sue Applegarth
Claims, Potential Claims & Protection: Trusteeship and How to Survive It Mark Grant
Do's and Don'ts for DB & DC Schemes Malcolm McLean OBE
Protection: Indemnities, Exoneration & Insurance Mark Howard
Protecting Trustees from Litigation Costs Helen Smith

OPDU Report 28, March 2011

Bulletin Board:
OPDU Annual Meeting
Pension Trustee Liability Insurance Guide
Some Key Issues for Trustees
Claims

Advisory Services Forum:

Court Decisions Summary 2010 Sue Tye, Baker & McKenzie LLP
Ombudsman Determinations Mark Grant, CMS Cameron McKenna LLP
A Guide to Protecting Trustees, the Scheme, Members & the Sponsoring Employer
Jonathan Bull, OPDU
A Round Up of OPDU's Recent Claims Experience
The DC Hospital Pass Nigel Aston, PensionDCisions
Fount of All Knowledge Terry Ritchie, Capita Hartshead
You've Got The Power Hamish Wilson, HamishWilson & Co LLP
Credit Outlook 2011: Back to basics Ben Bennett, L&G

2010

OPDU Report 27, June 2010 - Annual Risk Conference Special Edition

Bulletin Board:
OPDU Annual Meeting held at Reed Smith – 27 January 2010
About Thomas Miller
The 2010 Annual Risk Conference - comments and photographs
Malawi Special Appeal / 125th Anniversary for Thomas Miller
Insurance: How to protect yourself, the Scheme & the Sponsoring Employer

Risk Conference Presentations:
What can and has gone wrong: prevention and cure Robin Ellison
Pensions and corporate activity – a case study Peter Thompson
Conversation with a Pensions Lawyer Mark Grant
Defined Contributions – mostly harmless? John Reeve
Investment governance – enhancing the value chain Paul Trickett
Expectations of the industry… and what you can expect from the regulator Bill Galvin
Disasters – Prevention & Protection What has gone wrong? Malcolm McLean OBE
Defined Contribution Investment Options – what could possibly go wrong? Emma Douglas

2009

OPDU Report 26, October 2009

Bulletin Board:
OPDU Annual Meeting 2009
ANNUAL PENSION RISK CONFERENCE Wednesday, 3 March 2010 at CBI, Centrepoint
Claims Report - A round up of OPDU’s claims experience in the last year
Some Key Issues for Trustees
News from The Pensions Archive Alan Herbert
Defaulting on the default option Malcolm McLean OBE
The changing pensions landscape: our changing focus Tony Hobman
“Someone’s boring me – I think it may be me” Tony King

Advisory Service Forum:
Ombudsman Determinations Mark Grant
Case-law update Peter Shave
The Role of Insurance in Protecting Pension Trustees, Pension Schemes and Sponsoring Employers Jonathan Bull
Why is covenant assessment important? Sarah Ellis
Two sides of the coin – good governance in difficult times Bob Hymas
Reducing corporate DB pension costs Con Keating
LDI – Putting liabilities first Andrew Welch
Insurance buy-outs, buy-ins and longevity swaps - What are the issues for Trustees? Mark Howard & Kathryn Breslin
Active management remains a strong choice for DB and DC plans Rash Patel
Data risk John Broker
Fiduciary management - Pariah or Panacea? Tony Earnshaw
A return to days of excess? Grant Lore

2008

OPDU Report 25, November 2008

Bulletin Board:
Chairman’s Comment
An invitation to OPDU’s Annual Meeting 4pm 15 January 2009
New OPDU Elite insurance cover: market leading Trustee protection
Claims Report
Holden Report
Some key issues for trustees
News from The Pensions Archive
What is the 'Raising the Standard of Trustee Education' campaign?

Advisory Service Forum:
Credit crunch pressure may wrongly encourage projected rights transfers into SIPPS Malcolm McLean OBE
Protecting Trustees: Pension Scheme, Trustee and Sponsoring Employer Loss InsuranceJonathan Bull
Silver lining to the dark storm clouds over defined benefit pensions? Charles Magoffin
“…And a star to steer her by” or where were you when the trouble started? Madoc Batcup
Pension surpluses – too much of a good thing? Charles Cowling
Surplus – What Surplus?! Grant Lore
Be prepared: why trustees need help with sponsor covenant assessments David Poynton
The value of appointing an independent trustee Anthony Arter
Trustee Effectiveness Assessment Avgi Gregory

OPDU Report 24, May 2008

Bulletin Board:
New Chairman
New logo and design
Some key issues for trustees
Voluntary Pension Campaigns Join Forces
Claims Report
Protecting Pension Funds
News from The Pensions Archive

Comment:
Reflections on Pensions Policy Peter Askins
Women’s Pensions: the Changing Scene Malcolm McLean OBE
No Country for Old Ombudsmen? Tony King

Advisory Service Forum:
Ombudsman Determinations Mark Grant
Case Law Summary 2007-2008 Claire Barker
Trustee Protection and Loss Insurance Jonathan Bull

Trustee Risk Management (TRM)
The Trustee Toolkit – how it can help Trustees Terry Clayworth
Paid Trustees: Registration and Money Laundering Keith Wallace
Should the Finance Director be a Pension Trustee? David Pollard
Improved Risk Sharing: looking for better answers to DB’s faulty design? Guus Boender and Lucas Vermeulen
Towards a new beginning? Hamish Wilson
The Pension Support Bond – part of your funding solution? Grant Lore
Raising Standards of Pensions Administration – from strength to strength John Reeve
Governance: fit for purpose? Brian Holden MBE

2007

The OPDU Report - Issue 23, November 2007

Bulletin Board:
Revised Clearance Guidance
Pensions Act 2007 amends state pension benefits
The Companies Act 2006 – Exonerations & Indemnities
Claims Report
Deficits: Avoiding Trapped Surpluses
News From The Pensions Archive
History of OPDU

Comment:
Changing the Pensions System – its not that easy Malcolm McLean OBE

Advisory Service Forum:
Clearance: from a Trustee’s perspective Harold Lewis
Mistakes in pension scheme documentation: practical considerations and the legal principlesIan Gordon
Trustee Liability: What difference will the Companies Act 2006 make? Nicola Bumpus
Trustee Protection and Liability Insurance Jonathan Bull

Trustee Risk Management (TRM)
Called to Account Grant Lore
The current crisis in the Credit Default Swaps Market Trevor Robinson
Are Pension Schemes beyond compare? Simon Carne

The OPDU Report - Issue 22, May 2007

Bulletin Board:
OPDU's Annual Meeting & 10th Anniversary
News From The Pensions Archive
Annual Meeting & 10th Anniversary- Alan Herbert's Speech
The Pension Protection Fund – Two Years On
The Changing World of Pensions
Pensions – The Last Ten years

Comment:
The Pensions Dilemma Robin Ellison
Governance and DC Risks: working with the industry Tony Hobman

Advisory Service Forum:
Ombudsman Determinations Mark Grant
Booklet Ruled Offside Peter Shave
Deadline Approaching for MNT Requirements Matthew Swynnerton
L & Others v M Ltd Stuart O’Brien
Trustee Protection and Liability Insurance Jonathan Bull
Trapped Surpluses: A Pension Support Bond - an attractive alternative to an escrow account?

Trustee Risk Management (TRM)
Money Market Funds Change the Risk of Cash Oliver Boyle
Liability Driven Investment John Branford
Governance of Defined Contribution Pension Schemes Alistair Byrne
Back to the Future: Parallels in Pension Provision Between the 1930s and Today Yally Avrahampour
Pension Scheme Governance Brian Holden MBE
Raising Standards of Pensions Administration (RSPA)

2006

The OPDU Report - Issue 21, November 2006

Bulletin Board:
Key Figures to Address Annual Meeting 29 March 2007
Professional Pensions Show - 15-16 November 2006
The Alan Herbert interview - OPDU report issue1 1997
Ten Years On - by Alan Herbert
Pension Deficits
Claims Report
News From The Pensions Archive
History of OPDU
OPDU Pension Support Bond

Advisory Service Forum:
Warning UXB Giles Orton & Jason Shaw
Booklets to Rule OK? Peter Shave

Comment:
Risk Management and Trustee & Pension Scheme Insurance: the Pensions Act 2004 Jonathan Bull
The OPDU Team

Trustee Risk Management (TRM)
The Pensions Regulator looks at Defined Contribution Pension Schemes - The Pensions Regulator
Good Governance - Ian McQuade
The Economic Landscape - Oliver Boyle
Uses of Structured Credit Within a Pension Fund - Bob Tyley
The Next Stage in Covenant Services? - Richard Hall
Pension Deficits: Bridging the Gap
A Review of Pension Scheme Trusteeship

The OPDU Report - Issue 20, June 2006

Bulletin Board:
Annual Conference & Exhibition 2006
Date for your Diary - Tuesday 29th March 2007
Enhancements to OPDU’s Cover
News from the Pensions Archive Trust
Annual Meeting

Comment:
My Day On A-Day - Malcolm McLean OBE
Delivering on the Pension Promise - Roger Booth
A Co-operative Approach to Managing the Pension Dilemma - Nick Eyre
How should Pension Schemes assess entitlement to an Ill-Health Pension? - David Laverick
Insurance and Risk Management - Jonathan Bull

Advisory Service Forum:
Ombudsman Determinations - Mark Grant
Case Law Summary 2005 - 2006 - Malcolm Fitzsimons and John Amberton
A Practical Guide to Managing an Error Discovered in the Trust Deed and Rules - Mark Blyth
How Strong is Your Employer? - Vivien Cockerill

Trustee Risk Management (TRM)
Log on to Trustee Toolkit to Get Up to Speed with New Requirements - April Alexander
Age, Discrimination and Pensions - Robin Hames
A Review of Trustees and Trusteeship
Pension Scheme Investment: The New Law - Mark Grant
The Balancing of Assets - Oliver Boyle
Where Will You Be When The Trouble Starts? - Pelham Smithers and Madoc Batcup

2005

The OPDU Report - Issue 19, November 2005

Bulletin Board:
Peter Askins of DWP to address OPDU Annual Meeting 12 January 2006
The Pension Show 2nd - 3rd November 2005 London Excel
New initiative to assist trustee "knowledge and understanding"
New OPDU Structure
Law Commission: Scheme Deed Exemption Clauses
News from the Pensions Archive

Comment:
New Funding Requirements for Defined Benefits - Charlie Massey
Contracting In or Out of S2P – A Complex Question - Malcolm McLean OBE
Insurance and Risk Management - Jonathan Bull

Advisory Service Forum:
Addressing the 2004 Legislation - Jane Samsworth
Moral Hazards and Pension Schemes - Julian Aylmer
Trustee Negotiation - Rosalind Connor
Separate Trustee Insurance for DB and DC Schemes? - Keith Wallace

Trustee Risk Management (TRM)
Increasing the Effectiveness of Pension Scheme Trustees - Brian Holden MBE
What Does Liability Driven Investment Have to Offer? - Tarik Ben-Saud
Insuring Death Benefits – Catastrophe Risk - Mark Streatfield
Testing Times Explained - Keith Faulkner, FIA

The OPDU Report - Issue 18, May 2005

Bulletin Board:
Annual Meeting Report - by Alan Herbert
Annual Meeting Speech - by Malcolm Wicks: Minister of State for Pensions
OPDU assists with establishment of new Trustees’ Panel
Trustee “knowledge and understanding”: TRM/TPR workshops
The Pensions Archive Trust
Directors Indemnities

Comment:
Women’s Pensions: a Worthwhile Study - by Malcolm McLean OBE

Advisory Service Forum:
Case Law Summary 2004-2005 - by Meriel Smith
Ombudsman Determinations - by Mark Grant
New Legislation and Trustee Insurance - by Jonathan Bull

Trustee Risk Management (TRM)
The Trustee’s Lot is not a Happy One - by David Laverick
The Pensions Regulator – Any more Teeth? - by Carole Smith
Employee Consultation – A New Era? - by Carol Jones
Data – it’s still so boring, isn’t it?… Not to your Members (revisited) - by Guy Ridley
Finance Act 2004: “Simplification” – Enhanced Protection - by Mark Streatfield
Why do Pensions Schemes Fail? - by b Jim MacLachlan
The Responsibilities of Trustees under the 2004 Pensions Act - by Andrew Smithers

2004

The OPDU Report - Issue 17, November 2004

Bulletin Board:
Code for Independent Trustees
Trustee Insurance and Risk Management

Advisory Service Forum:
Trustee Exemption Clauses – An Endangered Species - by Craig Monty
A Trustee Survival Guide - by Adam Bushby

Trustee Risk Management (TRM)
21st Century Trusteeship – A System Under Pressure - by Brian Holden MBE
Pension Scheme Trustee Governance - by Vivien Cockerill
Question Time - by Morag Williams
Time to Give Trustees Credit - by Jim MacLachlan
History Lesson - by Michelle Cracknell

The OPDU Report - Issue 16, May 2004

Bulletin Board:
Annual Meeting Review
Is your Website Accessible? If not, it should be...
Raising Standards of Pensions Administration
The Pensions Archive
Pensions Protection and Compensation - The Governments Dilemma

Advisory Service Forum:
Another Straw for the Camel - by Keith Wallace
Pension Litigation 2003 - 04 - by David Pollard
Ombudsman Determinations - by Mark Grant
Insurance for Trustees and Pension Funds - by Jonathan Bull

Trustee Risk Management (TRM)
The Buck Stops Here! -by Brian Holden MBE
Governance of Pension Schemes - by Lesley Browning
Trustees - Are You Rising to the Challenge - by Chris Edge
Trustee Implications of Annuity Purchase - by Paul Clifton

2003

The OPDU Report - Issue 15, November 2003

Bulletin Board:
Insurance Rates Update
Trustee Excellence Award
Membership Growth
Raising Standards of Pensions Administration

Comment:
Compromising the Employer's Wind-Up Debt - by Malcolm McLean OBE

Advisory Service Forum:
Solvent Employers and Winding-Up Schemes - by Lesley Browning
Pension Reform - A Challenging Time for Trustees - by Jane Samsworth

Trustee Risk Management (TRM)
A Question of Trust - by Brian Holden MBE
The Pensions Regulator (TPR) - by Carole Smith
Data - it's so boring, isn't it? - by Guy Ridley
Information Security - system and network testing - by Kerry Davies
Trustee Liability and Insurance - by Jonathan Bull

The OPDU Report - Issue 14, May 2003

Bulletin Board:
Insurance for Trustees and Pension Funds
The Pension Archives - by Alan Herbert
Annual Meeting - Chairman's Review - by Alan Herbert
Annual Meeting - Keynote Address - by Julian Brazier TD MP
Risk Management for Trustees - by Brian Holden MBE

Advisory Service Forum:
Ombudsman Determinations - by Mark Grant
Communication is the Key to a Good Pension Scheme - by Carole Smith

Comment:
Raising Standards of Pensions Administration - by Jocelyn Blackwell

2002

The OPDU Report - Issue 13, November 2002

Advisory Service Forum:
Will Your Documents be Your Downfall? - by Helen Ashenden & Angus Duncan
Myners - "Oh My" - by Carole Smith
Employer Contribution Rules in Final Salary Schemes – a new source of large claims in the near future? - by Richard Black & Glyn Ryland
Outsourced Administration Headaches – what to do when it all goes wrong - by Mark Blyth

Comment:
Raising Standards of Pensions Administration - by Alan Herbert
Investment Information Flow - by John Thornton
Investment Risk and Myners: What Trustees Need to Know - by Tony Yolland
Risk Management for Trustees - by Brian Holden MBE

The OPDU Report - Issue 12, May 2002

Advisory Service Forum:
Pension Litigation 2001-02 - by Karen Lush and Keith Cutler
Ombudsman Determinations - by Mark Grant

Comment:
Can I trust my Trustees? - by Malcolm McLean OBE
Being a Trustee could Damage your Wealth - by David Barrow
Trustee Code of Practice - an update by Brian Holden MBE
Raising Standards of Pensions Administration - an update by Ian McQuade
Insurance: Protecting Pension Funds - by Jonathan Bull

2001

2000

OPDU Report 8, October 2000

Advisory Service Forum: Applications for Directions By Scheme Trustees Ian Hammond
Comment: Trustees - Keeping Risks within Bounds Robert Thomas
Living with Information Overload Robin Ellison
How Important is Information Security? Lizzie Olson

OPDU Report 7, May 2000

Keeping out of the Penalty Zone John Hayes CBE
On The Right Track Peter Murray
Good Customer Service A Must For All Pension Schemes Malcolm McLean OBE
New Service: Trustee Risk Management Reviews

OPDU Report 6, March 2000

OPDU's 2nd Annual Meeting
Income Drawdown Flexibility - A Damp Squib? Andrew Warwick-Thompson
Advisory Service Forum: Pensions Litigation Karen Lush

1999

OPDU Report 5, May 1999

OPAS & IDRP - A Change of Practice Malcolm McLean, OBE
Pensions Funds - Tax compliance issues Paul Lyman
Pension Scheme Surpluses and the National Grid Case Catherine Shrimpton
Key Individuals Address OPDU's First Annual Meeting

1998

OPDU Report 4, November 1998

The New Data Protection Act Kerry Davies
Pensions Litigation 1998 Karen Lush

OPDU Report 3, October 1998

Issues of Governance Brian Holden MBE
Trustees' Investment Liabilities in Money Purchase Schemes Richards Butler
Delegation Richards Butler
Earmarking Richards Butler
Pensions and Bankruptcy: Re The Trusts of the Scientific Investment Pension Plan Richards Butler
OPDU's Annual Meeting - 9th December 1998 Alan Herbert

OPDU Report 2, May 1998

OPRA One Year On
Y2K. ...the Trustees perspective Carol Woodley
HR v JAPT Revisited
Liens and guaranteed transfer values
Scheme Amendments

1997

OPDU Report 1, December 1997

The Alan Herbert Interview

OPDU Home

OPDU Report Archive 1997 - 2011