The Pension Protection Fund levy should be limited beyond the two years horizon recently decided, the National Association of Pension Funds says.

The Labour party will not scrap the tax relief on pensions for people who earn less than £150,000 a year, secretary of state for work and pensions Yvette Cooper says.

Politicians should stop blaming pension funds for the crisis, outgoing NAPF chairman Chris Hitchen says.

Defined benefit schemes will die unless a way to address the risks of provision can be found, National Association of Pension Funds chairman elect Lindsay Tomlinson warns

Confidence in pensions has increased by 10 percentage points since the end of last year, the National Association of Pension Funds says.

US - California governor Arnold Schwarzenegger has signed a bill introducing a hybrid pension plan for Orange County employees paving the way for a two-tiered retirement system.

Defined benefit schemes are increasingly looking at de-risking options as they struggle to match liabilities through investment performance, Lucida research reveals.

UK - The £10.6bn (US$16.8bn) Shell Contributory Pension Fund is set to invest 5% of its portfolio in hedge funds and other alternatives for the first time, a trustee newsletter revealed.

GLOBAL - Inflation is unlikely to be a threat in the short term due to the current levels of economic growth and the government policies implemented around the world, the latest global economic research by Baring Asset Management (BAM) has revealed.

The £10.6bn Shell Contributory Pension Fund is set to invest 5% of its portfolio in hedge funds and other alternatives for the first time, a trustee newsletter reveals.