Defined contribution pension assets have lost 25% of their value, equating to £140bn since September 2007, Aon Consulting says.

BAE Systems will have to inject more than £500m into its pension schemes this year after its deficit ballooned to £4.2bn, company reports reveal.

US - Companies with diverse boards perform better than those that have members with similar ethnic, gender and skill sets profiles, a report by the California Public Employees' Retirement System (CalPERS) reveals.

Alexander Forbes Financial Services is set to make a "limited number" of support staff redundant following a downturn in the corporate pensions market.

ITALY - Employees will have the right to transfer contributions accumulated in a pension fund as well as future contributions, Italian pension watchdog COVIP has ruled.

ASSET management fees remained stable in 2008 but are likely to be under pressure in 2009, a report by Mercer says.

The Marathon Club - a collaboration of investment organisations, representing combined fund assets in excess of £170bn - has updated its practical guidance for trustees with a paper on long term responsible ownership.

Pension scheme trustees must not be shouldered with the blame for the credit crunch, Electricity Supply Pension Scheme chief executive Richard Barlow says.

US- Fitch Ratings has downgraded Principal Financial Group and its subsidaries in part because of concerns over its investment portfolio and the company's ability overall to ride out the current market turmoil.

THE Local Authority Pension Fund Forum is set to team up with US investors to push for greater disclosure from major US companies on climate change.