Publisher's Synopsis
Pension Fund Investment Law is your detailed guide to the law relating to the investment of pension funds in the UK. Pension funds are now facing investment challenges which are unique in their history. This essential new book sets out the legal issues affecting the decision-making of pension fund trustees and their advisers, from the legal restrictions and controls on diversification to the asset-liability conundrums, corporate governance and ethical environmental issues. This new book contains detailed coverage of industry developments, new legislation and increasing case law, including: * The duties of trustees * The varieties of investments available * The issues of risk-reward * The considerable changes resulting from the introduction of the Pension Protection Fund * The European Pensions Directive * The Pensions Act 2004 Written in an accessible and practical manner, this is the only really comprehensive guide to the legal issues of pension fund investments. It is a must-have for all trustees, pension scheme managers, administrators, asset managers, solicitors, actuaries and investment consultants. Contents: Introduction, Compliance: Equitablem, Compliance: Legislative, Compliance: Regulatory, Compliance: Fiscal, Special Plans, Documentation, Measurement and Reporting, European and International, Governance and Ethics, Investments: Conventional, Investments: Alternative, Pooling Vehicles, Service Providers, Risk Management
