Investment

The Treasury has confirmed it will protect long-serving final salary scheme members after it increased the factor used for valuing benefits against the annual allowance from 10 to 16.

The annual allowance will be cut from £255,000 to £50,000; the lifetime allowance reduced from £1.8m to £1.5m, and the factor for valuing final salary benefits increased from 10 to 16, the Treasury has announced.

As schemes increasingly look to derisk, Laura Blows discovers how greater trustee engagement is changing the nature of LDI strategies

The £3bn DHL Pensions Investment Fund has restructured part of its investment portfolio with J.P. Morgan Worldwide Securities Services.

Given present stock market volatility, Professor Shlomo Benartzi looks at investment-related issues and, in particular, changes to the investment decisions made by both employers and staff

IRELAND - The Pensions Board has agreed to extend the timeframe for defined benefit schemes to submit their funding proposals.

Insurers will be forced to increase buyout prices in the medium term unless CPI-linked instruments are issued in the coming months, Punter Southall says.

HM Treasury will announce new pension taxation rules including the cap on the annual allowance tomorrow.

Four Capital Partners has hired former Morgan Stanley Investment Management manager Colin McQueen to set up a global equities offering at the firm.

The European Parliament and Council Presidency have been unable to agree on the final text of the Alternative Investment Fund Managers (AIFM) directive.