Investment

Less than one in five people would remain automatically enrolled in personal accounts when they are implemented in 2012, according to AXA.

The deficit of the Pension Protection Fund increased to £1.2bn in the 12 months to March, its annual report reveals.

Pensions trade bodies in the UK and US have agreed to share information they believe will help them strengthen defined benefit schemes.

JAPAN - Mizuho Trust & Banking has broken into the top three largest asset managers in Japan, displacing State Street Global Advisors Japan (SSgA), a quarterly report by the Japan Pensions Industry Database showed.

UK - The total deficit in the pension schemes of FTSE100 firms fell to £64bn ($106bn) over the past three months, latest research from Pension Capital Strategies revealed.

UK - Transport for London has asked the High Court to launch a judicial review into a £9m (US$14.9m) levy it was ordered to pay by the Pension Protection Fund.

IRELAND - Ireland should reform its private pension tax system, including reducing the amount of pension tax subsidies, to control costs and improve the efficacy of subsidies, the Organisation for Economic Co-Operation and Development (OECD) said in a...

Transport for London has asked the High Court to launch a judicial review into a £9m levy it was ordered to pay by the Pension Protection Fund.

The total deficit in the pension schemes of FTSE100 firms fell to £64bn over the past three months, latest research from Pension Capital Strategies reveals.

Aviva's life and pension sales fell 11% in the first nine months of 2009, but the insurer says it has made significant improvements to its capital position.