Local government exposure to index-linked bonds dropped last year against a backdrop of increasing allocations to the asset class from corporate defined benefit schemes, figures show.

EUROPE - Proposed European Union plans to make scheme funding rules uniform across member states could force UK firms to pay off deficits faster, Towers Watson warns.

Proposed European Union plans to make scheme funding rules uniform across member states could force UK firms to pay off deficits faster, Towers Watson warns.

Schemes are lagging when switching asset classes with nearly 80% taking at least three months to adopt a new investment strategy, research shows.

UK - Barnet Council pension scheme is set to liquidate its £23m ($37.4m) real estate portfolio after integrating the fund's property strategy into a diversified growth fund.

Barnet Council pension scheme is set to liquidate its £23m real estate portfolio after integrating the fund's property strategy into a diversified growth fund.

Deadlock over changes to the Universities Superannuation Scheme could end up in the High Court after the scheme confirmed it was seeking legal advice to resolve the issue.

UK - More than one in ten large UK schemes has suffered fraud over the past two years, with member transactions the most vulnerable area for fraudulent activities, research suggests.

More than one in ten large UK schemes has suffered fraud over the past two years, with member transactions the most vulnerable area for fraudulent activities, research suggests.

The government has set out its intention to "transform pension saving" with the launch of a green paper consultation on a flat-rate state pension.