Investment

The Pensions Regulator's ability to enforce its financial support direction against six Lehman Brothers subsidiaries is questionable due to ongoing insolvency proceedings, lawyers say.

The Institutional Investors Group on Climate Change has issued guidance to help pension funds understand the climate risks in property investment.

Forcing employers to pay into the existing stakeholder regime would mean a lower cost alternative to NEST could be implemented "tomorrow", a senior actuary says.

Vince Cable's plans to "give shareholders more say" will fall flat because institutional investors do not have sufficient incentives to exercise responsible ownership, FairPensions warns.

GLOBAL - The next decade will see employers improving the spend-down phase of their DC schemes, research by Mercer predicts.

Utility corporate bonds pose significant risks for many investors and are part of a "worrying trend," M&G says.

European asset managers need to cultivate investor interest in actively managed investment products and strengthen the resilience of their business models to improve post-crisis performance, a rating agency says.

MALAYSIA - Malaysia's regulatory bodies are moving closer to revealing a blueprint for the implementation of a new third pillar voluntary retirement system.

Global Pensions editor Raquel Pichardo-Allison speaks to Morten Nilsson, head of ATP's international operations about the Danish pension fund manager's UK expansion plans.

The Pensions Regulator's determinations panel has ruled six subsidiaries in the Lehman Brothers group should provide financial support to the pension scheme.