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	<title>Professional Pensions News</title>
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	<description>Latest from Professional Pensions</description>
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	<title>Redington expands investment consulting team</title>
	<link>http://www.professionalpensions.com/867116</link> 
	<description>Consultancy firm Redington has appointed Jeremy Lee as a vice-president in its investment consulting team. </description>
	<pubDate>Wed,  5 Aug 2009 00:00:00 +0100 GMT</pubDate> 
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	<title>Round up - August 4</title>
	<link>http://www.professionalpensions.com/866975</link> 
	<description>FTSE 100 pension schemes turn to bonds; ITV proposes pension shake-up</description>
	<pubDate>Tue,  4 Aug 2009 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866975</guid> 
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	<title>Devon County Council Pension Fund awards &amp;pound;480m</title>
	<link>http://www.professionalpensions.com/866974</link> 
	<description>Devon County Council Pension Fund has appointed managers to run two of the three mandates it tendered for in June.</description>
	<pubDate>Tue,  4 Aug 2009 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866974</guid> 
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	<title>Unite to ballot members over Fujitsu DB closure plans</title>
	<link>http://www.professionalpensions.com/866973</link> 
	<description>Unite is set to conduct a consultative ballot on industrial action over pay and pensions involving as many as 2000 of its Fujitsu members.</description>
	<pubDate>Tue,  4 Aug 2009 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866973</guid> 
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	<title>ACA says significant reform of MPs pension arrangements should wait</title>
	<link>http://www.professionalpensions.com/866953</link> 
	<description>Any significant reform of MPs pensions should wait until a wider review of public sector pensions that seems likely following the general election next year, The Association of Consulting Actuaries says.</description>
	<pubDate>Tue,  4 Aug 2009 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866953</guid> 
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	<title>Lucida managing director exits</title>
	<link>http://www.professionalpensions.com/866959</link> 
	<description>Lucida managing director Chris Wales has left the company to move on to new opportunities.</description>
	<pubDate>Tue,  4 Aug 2009 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866959</guid> 
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	<title>Nomura Asset Management set for global expansion</title>
	<link>http://www.professionalpensions.com/866921</link> 
	<description>Nomura Asset Management plans to expand its business in a bid to become a more global player in the asset management industry.</description>
	<pubDate>Mon,  3 Aug 2009 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866921</guid> 
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	<title>Investors bodies oppose two-tier shareholder system</title>
	<link>http://www.professionalpensions.com/866920</link> 
	<description>Institutional investors group have slammed proposals calling for a two-tier shareholding system giving more voting rights to long-term equity holders.</description>
	<pubDate>Mon,  3 Aug 2009 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866920</guid> 
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	<title>Lloyds TSB completes buy-out of JP Morgan Invest</title>
	<link>http://www.professionalpensions.com/866914</link> 
	<description>Lloyds TSB Development Capital has completed a management buyout of JP Morgan Invest, a financial education and employee wealth management services provider.</description>
	<pubDate>Mon,  3 Aug 2009 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866914</guid> 
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	<title>Equity market rally fails to improve funding levels</title>
	<link>http://www.professionalpensions.com/866917</link> 
	<description>Pension scheme deficits have failed to improve despite significant rises in equity markets, latest research reveals.</description>
	<pubDate>Mon,  3 Aug 2009 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866917</guid> 
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	<title>Round up - August 3</title>
	<link>http://www.professionalpensions.com/866915</link> 
	<description>Myners&apos; two-tier shares plan under fire; ITV pension deficit woes</description>
	<pubDate>Mon,  3 Aug 2009 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866915</guid> 
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	<title>Round up – July 31</title>
	<link>http://www.professionalpensions.com/866805</link> 
	<description>BAE Pension deficit soars; Pension plan rethink welcomed; BT pension deficit soars to &amp;amp;pound;5.8bn as profits fall</description>
	<pubDate>Fri, 31 Jul 2009 11:02:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866805</guid> 
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	<title>JLT deficit increases by &amp;pound;57m</title>
	<link>http://www.professionalpensions.com/866811</link> 
	<description>Jardine Lloyd Thompson has seen its pension deficit increase by &amp;amp;pound;57m to &amp;amp;pound;86m, according to the group&apos;s first half results.</description>
	<pubDate>Fri, 31 Jul 2009 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866811</guid> 
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	<title>BAE pension deficit soars by &amp;pound;1bn in first half</title>
	<link>http://www.professionalpensions.com/866810</link> 
	<description>BAE System&apos;s UK defined benefit pension scheme deficit increased by &amp;amp;pound;1bn in the first six months of the year.</description>
	<pubDate>Fri, 31 Jul 2009 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866810</guid> 
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	<title>Scheme managers call for independent pensions commission</title>
	<link>http://www.professionalpensions.com/866797</link> 
	<description>More than four-fifths of scheme managers believe there is a need for an independent pensions commission to recommend changes to pension legislation and provide long-term continuity over pensions policy.</description>
	<pubDate>Fri, 31 Jul 2009 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866797</guid> 
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	<title>Fiduciary managers team up with NAPF to launch guide</title>
	<link>http://www.professionalpensions.com/866798</link> 
	<description>Fiduciary managers are teaming up with the National Association of Pension Funds to develop a standard definition of the service, set to be revealed next year.</description>
	<pubDate>Fri, 31 Jul 2009 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866798</guid> 
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	<title>High Court test case to decide PPF relevance</title>
	<link>http://www.professionalpensions.com/866677</link> 
	<description>A High Court test case involving the Ilford Pension Scheme will determine if trustees owe any duties to the Pension Protection Fund, lawyers say.</description>
	<pubDate>Thu, 30 Jul 2009 09:27:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866677</guid> 
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	<title>Axa Rosenberg hires European head of sales and marketing</title>
	<link>http://www.professionalpensions.com/866690</link> 
	<description>Axa Rosenberg has appointed Robert Hegt as European head of sales and marketing.</description>
	<pubDate>Thu, 30 Jul 2009 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866690</guid> 
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	<title>BT scheme deficit grows by &amp;pound;3bn in second quarter</title>
	<link>http://www.professionalpensions.com/866691</link> 
	<description>British Telecom pension scheme deficit grew by &amp;amp;pound;3bn over the last quarter after the telecoms giant reviewed its accounting assumptions.</description>
	<pubDate>Thu, 30 Jul 2009 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866691</guid> 
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	<title>PPF to establish steering group to develop levy proposals</title>
	<link>http://www.professionalpensions.com/866692</link> 
	<description>The Pension Protection Fund has announced that it will be establishing a group of senior business figures and others to help develop further its proposals for the long-term future of its pension protection levy.</description>
	<pubDate>Thu, 30 Jul 2009 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866692</guid> 
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	<title> Round up – July 30</title>
	<link>http://www.professionalpensions.com/866686</link> 
	<description>MPs seek end to retire at 65 rule; Institutional investors ready to bypass banks in protest at rights-issue fees; Benefits system has failed poor pensioners</description>
	<pubDate>Thu, 30 Jul 2009 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866686</guid> 
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	<title>Hewitt to move Hemel Hempstead admin team</title>
	<link>http://www.professionalpensions.com/866683</link> 
	<description>Hewitt Associates is set to move its pension administration teams from Hemel Hempstead to its centres in Epson and Birmingham, PP has learned.</description>
	<pubDate>Thu, 30 Jul 2009 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866683</guid> 
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	<title>Select committee says default retirement age should be scrapped</title>
	<link>http://www.professionalpensions.com/866681</link> 
	<description>The work and pensions select committee has branded the level of pensioner poverty as &amp;quot;unacceptable&amp;quot; - and urged the government to abolish the default retirement age.</description>
	<pubDate>Thu, 30 Jul 2009 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866681</guid> 
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	<title>Claims public sector pensions are unaffordable a myth: TUC</title>
	<link>http://www.professionalpensions.com/866680</link> 
	<description>Claims by business groups and opposition politicians that public sector pensions are unaffordable and could produce easy immediate public expenditure savings are all myths, the Trades Union Congress says.</description>
	<pubDate>Thu, 30 Jul 2009 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866680</guid> 
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	<title>Deputy pensions ombudsman to leave role</title>
	<link>http://www.professionalpensions.com/866682</link> 
	<description>Deputy pensions ombudsman Charlie Gordon is to leave his role at the office when his fixed term contract comes to an end.</description>
	<pubDate>Thu, 30 Jul 2009 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866682</guid> 
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	<title>Round up – July 29</title>
	<link>http://www.professionalpensions.com/866640</link> 
	<description>Workers cut their pension contributions; BAA losses triple on growing pension deficit</description>
	<pubDate>Wed, 29 Jul 2009 12:59:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866640</guid> 
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	<title>Just Retirement announces record enhanced annuity sales</title>
	<link>http://www.professionalpensions.com/866639</link> 
	<description>Just Retirement has announced record enhanced annuity sales of &amp;amp;pound;191.2m in the three months to the end of June, the life assurance group reveals.</description>
	<pubDate>Wed, 29 Jul 2009 12:55:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866639</guid> 
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	<title>One in six reduced or stopped contributions</title>
	<link>http://www.professionalpensions.com/866637</link> 
	<description>Some 16% of workers paying into a pension have reduced or completely halted contributions to their scheme in the last five years, Prudential research reveals.</description>
	<pubDate>Wed, 29 Jul 2009 12:46:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866637</guid> 
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	<title>Gartmore appoints head of UK equities</title>
	<link>http://www.professionalpensions.com/866635</link> 
	<description>Gartmore has appointed Leigh Himsworth as head of UK equities.</description>
	<pubDate>Wed, 29 Jul 2009 12:26:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866635</guid> 
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	<title>BAA under scheme deficit burden</title>
	<link>http://www.professionalpensions.com/866634</link> 
	<description>Losses at airport operator BAA have tripled in the first six months of the year, partly due to a growing defined benefit scheme deficit, its results show.</description>
	<pubDate>Wed, 29 Jul 2009 12:22:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/866634</guid> 
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