Investment

As target date funds emerge as the likely choice for NEST's deafult fund, Sebastian Cheek looks at what the industry must do to prepare and considers what lessons can be learnt from the US DC market

Some 51% of scheme managers believe the development of shared risk schemes would have benefited the industry if implemented, a survey by Professional Pensions has revealed (PP, February 4).

MEXICO - Mexican pension regulator Comisión Nacional del Sistema de Ahorro para el Retiro (CONSAR) has expanded the range of equities pension funds can buy and introduced flexible value-at-risk (VaR) rules in a bid to better adapt to market volatility....

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.