Defined Contribution

There are just four hours left to nominate candidates for the Pensions Personality of the Year 2010.

Here it is. The shortlist for this year's UK Pensions Awards 2010.

Aviva UK life and pensions new business sales fell almost 25% in 2009 as the insurer was hit by the tough economic conditions, but bumper Q4 sales have given it confidence for 2010.

ITALY - The pension fund for tourism, commerce and service sector workers (Fon.Te) launched manager searches for two of its defined contribution funds for mandates worth €900m (US$1.2bn).

US - The US Department of Labor (DOL) and the Treasury are requesting feedback on the implications of integrating a lifetime annuity arrangement into defined contribution plans.

Life and pensions providers Royal London and Standard Life have reported strong growth in their UK businesses during 2009.

The Conservative Party has confirmed a large chunk of its pensions strategy in a major policy document on economic growth.

Institutional pension fund assets in the 13 major markets increased by 15% during 2009, from US$20trn (£12.6trn) to over US$23trn (£14.5trn), latest Towers Watson research reveals.

GLOBAL - Institutional pension fund assets in the 13 major markets increased by 15% during 2009, from US$20trn to over US$23trn, latest Towers Watson research has revealed.

Revised learning requirements from The Pensions Regulator have put trustees under "more pressure then ever", Lane Clark & Peacock says.