Takes into account the changes to the law and regulations since the Pensions Act 2004. This book contains practical advice on what you need to do. It ends each chapter with a summary of key points, and includes case studies, check lists and addresses.

The first comprehensive guide to mastering the roles and responsibilities of a public pension fiduciary in the U.S. In an ever-changing financial and political landscape, your job as a public pension fiduciary continues to get more difficult. Now, you have the help you need. U.S. Public Pension Handbook is the only one-stop resource that covers the various areas of public pension governance, investment management, infrastructure, accounting, and law. This comprehensive guide presents critical data, information, and insights in topic-specific, easy-to-understand ways—providing the knowledge you need to elevate your expertise and overall contribution to your pension plan or system. U.S. Public Pension Handbook covers: •Today’s domestic and global public pension marketplace•The ins and outs of the defined benefit model, the defined contribution, and hybrid pension designs•Financial concepts central to the actuarial valuation of pension benefits•Public pension investment policies and philosophies•Asset allocations and how they have changed over time•State and local government pension contribution policies•The impact of governance structure and board composition on organizational results•Fiduciary responsibility and the general legal/regulatory framework governing trustees•How changes in trust law may affect public pension trustee fiduciary responsibility and liability•Best practices in pension governance and organizational design Public pension trustees are the unsung heroes of the world of finance, collectively managing over $6 trillion in retirement assets in this country alone. U.S. Public Pension Handbook provides the grounding you need to make sure you perform your all-important with the utmost expertise and professionalism.

This is a practical guide to successfully managing a pension fund and, in particular, new regulations for pension fund trustees which came into force in April 1997. The handbook explains what the new rules say and mean, what new responsibilities face trustees, and how to avoid problems and succeed as a pension fund trustee.

This handbook provides both new and experienced trustees with easy-to-understand information and advice on their responsibilities. Covering all areas of the PMI Trustee certificate, it includes checklists after each chapter, and practical guidance on a range of subjects, including: trustees duties, powers and discretions; the trustee's relationship with professional advisers; breach of trust; investing pension fund assets; the conduct of trustee meetings.

A comprehensive guide to the role and duties of occupational pension fund trustees, Pension Fund Trustee Handbook is an invaluable reference book for every pension fund trustee regardless of background or level of legal expertise. This edition covers both statutory and trust law and has been fully revised and updated to include the Pensions Act 2004. It clearly sets out the role of the sponsoring employer, the rights of the scheme members, and what trustees now require of their appointed advisers. The expert coverage includes: breaches of trust; investing pension fund assets; funding defined benefit occupational schemes; protection for trustees; and trustee powers and discretions.