Work until you drop

The quest to find this year's Pensions Personality of the Year is now entering its final phase.

UK - The Association of British Insurers have slammed the FRS17 number used to calculate pension fund deficits claiming it gives an incomplete view, according to its research paper.

Nearly a third of pension schemes moved more than 5pc of their investment portfolio to bonds last year, research by Aon Consulting reveals.

AUSTRALIA - The Association of Superannuation Funds of Australia (ASFA) has called on the government to make employers adopt an ‘opt-out' scheme to increase employees' voluntary contributions.

UK - The London-based asset management activities of Credit Suisse have been placed on ‘rating watch negative' by Fitch Ratings.

Workers at Rosyth dockyard have threatened to walk out over moves to increase their pension contributions and raise the retirement age.

Supermarket giant Asda's group pension scheme has hired State Street Global Advisors to run a £165m "130/30" global equity mandate.

NESTLÉ has selected Xafinity Claybrook's Compendia pensions software for the administration of its UK and Irish pension schemes.

Around one in five people experience high levels of stress at work, new research has found.