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Ellison appointed chairman of NAPF

Robin Ellison has been elected as the next chairman of the National Association of Pension Funds. He takes over from Terry Faulkner who steps down at the next NAPF Annual Conference in May 2005.

A member of the NAPF Benefits Council, Ellison is also Head of Strategic Development, Pensions at Pinsents, specialising in the development of pensions and related products for insurers and other providers, and European and international pensions, pensions trustee law and pensions in matrimonial matters.

Ellison commented: “I am delighted to have been elected to serve as NAPF Chairman at this important time for the pensions world. With legislation now in place, there are still ongoing concerns with issues such as the Financial Assistance Scheme and the Pensions Protection Fund. The NAPF is determined that its members voice continues to be heeded and I look forward to continuing the good work done by my predecessors.”


Selestia introduces new charging structure

Selestia is replacing its existing pricing structure, which is effectively a percentage of client’s assets under management, with an explicit annual fee.From 1 April 2005, Selestia will levy a 75 annual fee per client, as opposed to the existing circa 25 basis point levy on their funds under management.At the same time, advisers will be […]

Improve scrutiny of life mutuals- Myners

The Myners review of the governance of mutual life offices includes recommendations that aim to enable external monitors to scrutinise life mutuals more closely and promote better internal scrutiny of management by firm’s boards as well as the role of the FSA.Report author Paul Myners says: “I am not recommending legislation, as the issues identified […]

Review of 2004: AIFA

After five years of fighting the IFA corner for all he was worth, Aifa director general Paul Smee announced he would be leaving in December to join the Association for Payment Clearing Services as chief executive.


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