International rules designed to bring transparency to the opaque derivatives market could backfire by imposing heavy costs on pension funds and force them to abandon hedging strategies, the industry's trade body warns.
The National Association of Pension Funds urged authorities to exempt pension funds from initial margin requirements - where derivatives users are forced to post collateral in the form of cash and bonds...
Con Keating says it is time for a different approach to defined benefit pensions but questions how easy this would be to achieve.
Robert Gardner says it is time for the industry to step up on financial education
The Pension Protection Fund's (PPF) decision to appoint an administrator for British Home Stores (BHS) independent of Sir Philip Green has been "vindicated" says Frank Field.
The British Steel scheme's trustee board has turned down Edmund Truell's proposal to save the fund, calling it an unviable plan that would expose members to "unacceptable risk".