UK - Nearly three quarters (73%) of defined benefit schemes do not expect to be fully funded in five years time, although the figure falls sharply to 16% over ten years, a survey by the NAPF has found.

NORTHERN Trust Global Investments has appointed Scottish Widows Investment Partnership to manage £165m of assets in its flagship UK equity fund.

Providing details on scheme wind-up victims to the government-backed Financial Assistance Scheme will cost between £2m and £3.4m, MPs have been told.

US - CalPERS and CalSTRS have called for a change in Hewlett-Packard company bylaws to allow shareowners to have a hand in nominating independent directors at the company.

ASSETZ is launching an entry-level commercial property scheme for self-invested personal pension plan holders.

T ROWE Price has launched a new natural resources fund.

Myners warns of risks from the growth of private equity; Tax changes boost life policies sales

OVER-the-counter derivatives and alternative assets will be the main areas of focus for this year and next, fund managers say.

SCHEMES risk unintentionally increasing costs by offering members cash inducements to transfer out, a consultant warns.

THE High Court was expected to deliver its verdict on the government's dismissal of the parliamentary ombudsman's report into pensions mis-selling yesterday (Wednesday).