Investment

The Liberal Democrats have urged the government to act quickly to finally resolve Equitable Life compensation.

The Pension Protection Fund levy should be limited beyond the two years horizon recently decided, the National Association of Pension Funds says.

The Labour party will not scrap the tax relief on pensions for people who earn less than £150,000 a year, secretary of state for work and pensions Yvette Cooper says.

Each month DC World asks readers for their views. This month we ask: What effect has the recent equity market rally had on DC funds? Do members have reason to be cheerful?

EUROPE - The cost of an ageing population in Europe is expected to "dwarf" the impact of the current financial crisis many times over, a European Commission report revealed.

DENMARK/UK - Danish pension fund and administration provider ATP has pulled out of the running for the personal accounts administration contract in the UK, PADA has confirmed.

US - CalPERS will be reviewing the fees paid to third party marketers by its money managers after it learned one manager paid over US$50m to a firm owned by a former board member.

Danish pension fund and administration provider ATP has pulled out of the running for the personal accounts administration contract, PADA has confirmed.

In his opening speech at the National Association of Pension Funds annual conference in Manchester, chairman Chris Hitchen told politicians they should stop blaming pension funds for the crisis.

The cost of an ageing population in Europe is expected to "dwarf" the impact of the current financial crisis many times over, a European Commission report reveals.