Investment

Some 73% of trustees plan to cut scheme exposure to risk but 65% say the price of de-risking strategies is holding them back, research reveals

Sebastian Cheek discovers an industry in favour of scrapping compulsory annuitisation at 75 but one that says the new coalition must do more to address the wider tax framework around retirement savings

Schemes must be wary of currency exposure, particularly when hedging to sterling, J.P. Morgan Asset Management warns.

Emerging market debt is set to benefit most once the current market fear and risk aversion subsides, J.P. Morgan Asset Management says.

The Nationwide Building Society has revealed a net £508m IAS19 pension deficit, a £177m increase over the year.

A batch of 40-year inflation-linked gilts - being sold by the Debt Management Office this week - has been branded as "expensive" by a consultant.

UBS has launched its Diversified Return Fund which aims to produce equity-like returns from a multi asset portfolio but for defined benefit schemes which do not have the risk appetite for full equity-like volatility.

The European rescue package has provided long-term investors with the opportunity to sell their sovereign debt holdings, PIMCO says.

Updated 10.52am: The FTSE is falling in mid-morning trade after Chancellor George Osborne unveiled details of the coalition government's £6.2bn spending cuts.

CHINA - China's national pension fund invested more than 15 billion yuan ($2.2 billion) to become Agricultural Bank of China's third-largest holder, paving the way for what may be the world's biggest initial public offering.