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Shows advise urgent pension action

Pension expert Punter Southall & Co is hosting a series of nationwide seminars to urge companies to face up to their stakeholder responsibilities.

The seminars are being developed in conjunction with Punter Southall&#39s independent financial advisory and group personal pension arm, Punter Southall Financial Management. They aim to kickstart employers into making immediate preparations.

The advice given to many delegates will be to seek independent advice in order to nominate stakeholder schemes before the April 2001 launch.

The seminars aim to guide employers through the new legal set-up and alert them to the necessary changes to procedure and payroll administration. They will also outline the stakeholder-compatible products currently available.

Punter Southall principal Andrew MacRae says: “Companies should be preparing now for the introduction of stakeholder but many finance and human resources professionals are simply daunted by the task of tackling the new legislation.

“Our seminars are designed to empower delegates with the knowledge to make a substantial contribution to their company&#39s decisions.”

Punter Southall principal David Segal says: “To be on the safe side, most companies will need to nominate a stakeholder scheme and for this they will need independent financial advice.”

The seminars start at Punter Southall&#39s London head office on September 6 and will move on to Birmingham, Guildford, Edinburgh and Glasgow before the last session in Aberdeen on October 27.

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