More than a quarter of pension schemes plan to de-risk their portfolios over the next three years by transferring liabilities to a third party, Buck Consultants research reveals.
The Treasury's announcement that it borrowed a further £4.3bn last month was unexpected to say the least.
GLOBAL - Despite closure after closure of defined benefit pension funds around the world, some investment managers think hybrid versions of these schemes will continue to emerge.
Future retirees saw £17bn slashed from their defined contribution pension pot in January and February as stock market losses and tumbling annuity rates hit.
I now have only a little over one day left to choose my benefits under our company's salary exchange-based flexible benefits package.
UK - Trustees who breach tough new data protection powers could face fines of up to half a million pounds, lawyers warned.
Trustees who breach tough new data protection powers could face fines of up to half a million pounds, lawyers warn.
The CFA Institute and the UK Investment Performance Committee have unveiled new GIPS standards that will require fair value reporting of hard to value assets and more in-depth reporting of risk within an investment strategy.
Readers Digest UK has gone into administration after The Pensions Regulator vetoed an agreement to settle its long-standing pension scheme liability.
US - Alternatives manager Fortress Investment Group has expanded into the traditional bond arena with its purchase of fixed income shop Logan Circle Partners for US$21m in cash.