Investment

George Osborne should increase the compulsory annuitisation age to 80 in Tuesday's emergency Budget, Living Time says.

US - New Jersey's pension investments lost 3.8% in May as world stock markets slumped.

US - The Securities and Exchange Commission has proposed new rules around the marketing and advertising of target date funds meant to prevent investors from being ‘misled' when deciding to invest.

CHINA - China's national pension fund plans to increase overseas investments in stocks and bonds, including securities in Taiwan, to boost returns as global markets recover from the financial crisis.

Scottish Widows Investment Partnership has launched a Strategic Bond Fund, investing in government bonds, investment grade, high-yield and cash markets.

Legacy Labour proposals for auto-enrolment and NEST will be stripped bare to determine potential cost savings, Lord Freud says.

EUROPE - A European Commission Green Paper - due for release next week - is set to reopen the issue of solvency standards in pension schemes.

Global equities offer schemes increased potential for enhanced returns over domestic or regional equities, BlackRock says.

Trustees must act to secure the employer covenant before it starts to show signs of weakening or financial distress, Zolfo Cooper says.

More than a third of pension schemes that already invest in property are actively looking to increase their exposure to the asset class, a fund manager says.