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.
CANADA - The Canada Pension Plan Investment Board saw investments fall 1.3% in the fiscal first quarter due to declining equity markets.
Standard Life has seen net corporate business inflows increase by 64% in the first half of the year.
Rumours are escalating in the City that fund manager Gartmore could be ripe for a takeover approach, as its share price languishes more than £1 below its December 2009 flotation price.