Investment

Linking pension payouts to the CPI instead of the RPI will force pensioners to raid their savings and investments, Schroders Investment Management claims.

The Life and Longevity Markets Association has unveiled proposals for a standardised framework for longevity indices, to help facilitate market participants doing longevity transactions.

Market volatility has eroded annualised returns from direct investment in the FTSE 100 to 0.5% over the past ten years, MetLife Europe says.

CANADA/US - The Ontario Teachers' Pension Plan has signed a deal with Avista Capital Partners to buy INC Research Inc for an undisclosed sum.

US - The State of New Jersey has settled charges by the Securities and Exchange Commission that it fraudulently misled municipal-bond investors while underfunding the state's two biggest pension plans.

The Pensions Regulator is taking an aggressive and threatening stance with trustees who have not performed a formal covenant review, a lawyer says.

UK - The Pensions Regulator is taking an aggressive and threatening stance with trustees who have not performed a formal covenant review, a lawyer says.

Pension schemes are being more active in their implementation of liability-driven investment strategies, fund managers claim.

The Pensions Regulator recently issued its covenant assessment guidance. Laura Blows looks at why this advice was necessary, its key points and how it may evolve

The British Airways Pension Fund has made a fresh allocation to City of London real estate as it believes the sector is well positioned in the current cycle.