Investment

More than half of pension scheme trustees in the UK think they should be paid for their role.

Unison has slammed Liberal Democrat proposals to slash public sector pensions, stating it will "come back to bite them."

US - Demand for custom target date funds among trustees of DC schemes in the US is on the rise, an influential survey of pension consultants showed.

PricewaterhouseCoopers has become the latest firm to raise fears over proposed pension accounting changes.

The number of schemes using non-cash assets to pay off deficits will outstrip buyouts over the next five years, Deloitte claims.

Companies entering a longevity swap could get a "nasty surprise" if they do not consider the effect on their accounting position, Hewitt Associates warns.

The next government could pursue a mass bulk annuity exercise to insure the pension schemes of up to 800 quangos, Pension Corporation claims.

ITALY - Italian schemes are increasingly reviewing their asset allocation and looking to offer lifestyling arrangements to their members in the wake of the losses incurred during the crisis, Towers Watson managing consultant for Italy Fabio Carniol said....

The Association of Consulting Actuaries has blasted the three main political parties' pledges on pensions as "threadbare at best" and "positively damaging at worst".

US - The median pension fund for S&P 500 companies returned 16.2% in 2009, the highest level in five years, according to data by Wilshire Consulting.