Investment

Each month DC World asks readers for their views. This month we ask: How do you feel the governance of DC schemes can be improved?

Sebastian Cheek reports on a lack of members' financial awareness necessitating good governance for DC schemes

Tom Selby previews the March 25 edition of Professional Pensions.

AUSTRALIA/CANADA - Australian pension reserve fund Future Fund has terminated discussions with the Canada Pension Plan Investment Board (CPPIB) and Ontario Teachers' Pension Plan (OTPP) regarding their proposal to acquire Transurban Group.

The Debt Management Office plans to increase issuance of longer dated conventional and index-linked gilts in the coming financial year in response to strong structural demand.

The government is looking into scrapping the compulsory retirement age, Alistair Darling says.

UK - The £889m (US$1.3bn) Dyfed Pension Fund and the £1bn Wiltshire Pension Fund have appointed Prudential UK as additional voluntary contribution provider.

Listed companies should invite major institutional shareholders to join their board nomination committees, a Tomorrow's Company report urges.

EUROPE - Some 41% of pension scheme managers would consider de-risking through a buy-in or buyout in the next 12 months if market conditions are favourable, new research revealed.

Fidelity International chief investment officer Nicky Richards is to depart the group at the end of this month.