Exactly half of respondents agreed that cutting back on adviser fees was a false economy for schemes, while just over three out of 10 rejected the claim.

Hermes Real Estate Investment Management has bought £100m of office space as part of a fifty-fifty joint venture with Canada Pension Plan Investment Board (CPPIB).

Premier Foods has closed its defined benefit scheme to existing members, the company has announced.

The multi-employer Lloyds Superannuation Fund has insured £40m of its liabilities with Pension Insurance Corporation (PIC).

Benne Van Popta has been elected chairman of the European Insurance and Occupational Pensions' (EIOPA) occupational pensions stakeholder group.

Food, water or energy shortage has replaced a global depression as the most pressing extreme risk faced by institutional investors, says Towers Watson.

The unlikley events that could "kill" schemes

Pensions professionals expect liability driven investment (LDI) strategies to dominate schemes' de-risking plans over the next five years, research finds.

Top facts from the lifeboat fund's annual report and accounts

The Pension Protection Fund (PPF) saw its funding level increase to 110% in the year to March despite dealing with more than £1bn in claims.