Investment

News that the Norwegian Government Pension Fund Global lost €1.1bn on its 1.75% stake in BP has highlighted the potential impact faced by UK schemes, FairPensions says.

MEXICO - The Mexican Association of Administrators of Retirement Funds (Amafore) recorded profits of 2.6% in June, achieving a cumulative average of 6.6% in annualised terms.

The Department for Work and Pensions has issued a formal consultation on proposals to shift the inflation link for increases in PPF and FAS payments from the retail prices index (RPI) to the consumer prices index (CPI).

The Department for Work and Pensions' plans to abolish transfers between contracted-out defined benefit and defined contribution schemes could lead to a "firesale" of final salary liabilities, a consultant warns.

UK - The Department for Work and Pensions' plans to abolish transfers between contracted-out defined benefit and defined contribution schemes could lead to a "firesale" of final salary liabilities, a consultant warns.

Major plan changes to auto-enrolment in 2012 risk undermining the consensus on workplace pension reform, leaving another generation exposed to retirement poverty, the Trades Union Congress warns.

As equities underperform, interest in alternative investment has grown. Laura Blows discovers how small to mid-sized pension schemes can access this strategy

The trustees of the £70m Royal British Legion Pension Fund have hired Hewitt Associates to provide investment advice.

Despite an unexpected surge in UK growth during the second quarter of this year, Joanna Faith explains that a new loosening programme is a distinct possibility both in the UK and the US

The Investment Governance Group plans to have its principles on defined contribution governance agreed by October, its DC subgroup chairman says.