Conflicts of interest among professional trustees and self-interest among providers are standing in the way of necessary pension reforms, says Michael Johnson.
A timeline of the events leading up to the judgement.
A high court judge has ruled against the 22 pension funds attempting to sue Henderson Equity Partners for allegedly breaching the mandate for its Private Finance Initiative Secondary Fund II.
The Financial Reporting Council has brought actuarial work on pension incentive exercises into the scope of its technical actuarial standards.
The Financial Reporting Council has published a draft revision of the standard governing investment return assumptions used to calculate Statutory Money Purchase Illustrations.
The Pensions Management Institute has teamed up with a trustee liability insurance provider for a project to boost governance and reduce risk for trustee boards.
Jack Jones looks at the key figures in the latest edition of the Purple Book
Bank of England governor Mervyn King has said the UK economy may contract once again in the fourth quarter of 2012 despite moving out of recession in Q3.
The chance for schemes to exchange gilts for buy-ins at attractive prices is receding as the spread between gilts and corporate bonds contracts, warns Aon Hewitt.
Scheme deficits levelled off in October as equity markets remained flat and gilt yields picked up slightly, according to the Pension Protection Fund.