LARGE retail sector defined benefit pension schemes are set to cause a substantial drain on company cash flow, a Pension Capital Strategies study reveals.

GLOBAL- Barclays Global Investors will lose 330 employees as its parent company moves to trim staff during the current financial crisis.

US - About half of US pension plans are likely to implement some form of liability driven investing in the next five years, twice the estimated current amount, predicts Bob Collie, director of investment strategy at Russell Investment.

Investment Solutions has launched a monthly index for small to medium schemes in a bid to demonstrate movements in deficits and highlight when funds can lock in gains.

US - Effective defined contribution (DC) plan design will be one of the most pressing issues for employers throughout 2009, according to Mercer.

Equitable Life policyholders to receive compensation; Barclays latest to wield the axe as staff are told that 2,000 more will have to go; Citigroup to break itself up; Liontrust plunges after key pair quits

UK - Compensation for Equitable Life policyholders is expected to be confirmed by the government tomorrow.

UK -Large retail sector defined benefit pension schemes are set to cause a substantial drain on company cash flow, a Pension Capital Strategies study reveals.

TRUSTEES must be flexible over pension schemes to give companies much needed financial flexibility, KPMG says.

JAPAN - Japanese defined benefit (DB) pension funds are struggling to preserve strong funding ratios, despite having entered the third quarter of 2008 in a relatively strong position, a Greenwich Associates' study has found.