Public sector pension liabilities are nearly double the government's estimate, a new study claims. And a consultant believes official figures should be recalculated on lower discount rates used by the study to reflect the strength of the pension guarantee....

LIABILITY-driven investment has evolved from bond-only strategies to become a "mainstream" part of pension scheme investment, claims Hymans Robertson.

GOLDMAN SACHS is set to enter the buyout market following the appointment of Addy Loudiadis to head a subsidiary to buy closed schemes

THE WESTMINSTER Business School is set to launch a pension investment academy in association with Goldman Sachs Asset Management today.

HR TRUSTEES has been appointed by The Pensions Regulator as independent trustee to the Hoverspeed Pension Plan.

INSTITUTIONAL Shareholder Services, Shearman & Sterling and the European Corporate Governance Institute have won a European Commission contract to study corporate governance in EU companies.

CANADA - Canadian institutional investors are to "rapidly" increase their non-domestic fixed income allocations in the coming months, Greenwich Associates claimed.

UK - Goldman Sachs is thought to be the latest firm looking to enter into the increasingly competitive corporate pensions buy-out market in the UK.

GRESHAM Real Estate Fund II has acquired the £47m Imperial Place office campus in Borehamwood from a joint venture between fund manager Europa Capital and The Property Merchant Group.

OIL and gas firm Star Energy has opened a group personal pension plan for its new employees.