Government moves to freeze the pension lifetime allowance at £1.8m between 2010 and 2015 will undermine retirement planning for top earners, providers claim.

NORWAY - Norway's global pension fund has posted its worst results in the fund's history, its operator Norges Bank Investment Management (NBIM) has revealed.

UK - More than half of trustees are still keen to buy out their pension scheme liabilities regardless of current market volatility, MetLife research reveals.

THE government has "missed an opportunity" to address a shortage of long-dated gilts in its pre-budget report, the industry says.

BALANCED pooled funds achieved a median return of -10.1pc in October 2008, CAPS pooled pension fund performance results from BNY Mellon Asset Servicing reveal.

THE Local Authority Pension Fund Forum has become a member of the Investor Network on Climate Risk.

ROMANIA - Romania's government said it will cut spending on education and transport in December to maintain its 2008 budget deficit target after raising pensions.

GLOBAL - Fundamental pension reforms have been far more extensive in Asia and Central and Eastern Europe (CEE) than those in western industrialised countries, research shows.

UK - The government failed to respond to calls from the UK pensions industry to address a shortage of long-dated gilts when it announced in its pre-Budget report that borrowing was set to soar.

Freeze on savings ceiling limits scope for tax breaks; The pensioner; Misunderstood hedge funds suffered in mid-match rule change