Investment

Commodities can exceed equity returns over time while providing a good source of diversification in a scheme portfolio, Hermes head of commodities Colin O'Shea says.

CANADA - The Canadian government will go on road show to get feedback from individuals, and have commissioned a series of reports on how to improve the country's pension system.

The National Employment Savings Trusts' 2% contribution charge will be levied for 20 years, the pensions minister says.

HM Treasury has trebled its estimate of the one-off costs that pension schemes, employers and individuals will incur as a result of the tax on higher earners' pension contributions it is introducing from 2011, Towers Watson says.

UK - HM Treasury has trebled its estimate of the one-off costs that pension schemes, employers and individuals will incur as a result of the tax on higher earners' pension contributions it is introducing from 2011, Towers Watson said.

UK - Ignis Asset Management is encouraging industry leaders and politicians to debate hybrid schemes.

Ignis Asset Management is encouraging industry leaders and politicians to debate hybrid schemes.

The board of NEST Corporation will be headed up by Lawrence Churchill with Jeannie Drake as deputy chairman.

The line up of trustees who will oversee the National Employment Savings Trust has been confirmed by the government.

JAPAN - Japan's public pension fund, the world's largest, plans to cut the number of money-management firms it uses to simplify operations and adopt new benchmark indexes to reduce market impact and lower trading costs.