Investment

There is an "accountability gap" in the investment governance of schemes of all sizes, a survey by Russell Investments reveals.

The UK's combined defined contribution pension value has dropped by £18bn in one month, according to Aon Consulting.

PensionsFirst has launched a web-based service which will deliver actuarial valuations within 24 hours.

Each month DC World asks readers for their views. This month we ask: should DC schemes focus on asset allocation rather than searching for skilled active managers?

Deciding to enter an occupational pension scheme is a big issue and many people feel that once they've started paying contributions then their retirement planning is done.

Panellists discuss how best to tackle the automatic increase of members' contributions

Professional Pensions senior correspondent Giovanni Legorano interviewed BT Pension Scheme pension director Kevin O'Boyle at the National Association of Pension Funds conference last month

UK/Spain - A merger deal between British Airways and Iberia, the Spanish airline, could be terminated should BA be unable to reach a funding arrangement with its scheme trustees.

US - The New York Times Co. will freeze its defined benefit plan for non-union employees and management at year-end in a move that will save the company over US$130m, the firm said in a Securities and Exchange Commission filing yesterday.

Jean-Baptiste Colbert - the French minister of finance under King Louis XIV - is said to have observed "the art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the least possible amount of hissing".