Investment

IRELAND - The overall returns for the National Pensions Reserve Fund were up 7.5% during the third quarter of 2009 due to gains realised in its equity holdings.

Employers are not paying sufficient attention to contract-based defined contribution scheme governance structures, Standard Life research says.

Fewer than half of private sector employees see pensions as the best way to save for retirement in contrast to their bosses, research shows.

The Pension Protection Fund proposal to reduce the cap on its risk- based levy to 0.5% of liabilities has had a mixed reception.

PensionDCisions has launched an online tool to help individuals understand their attitude towards risk.

The management team at The Pensions Advisory Service is to be cut back after a Deloitte review identified corporate governance issues at the body.

Helen Morrissey looks at the formation of the Pensions Income Choice Association and asks how it aims to increase peoples' awareness of their retirement income options

EUROPE - T. Rowe Price has launched its first global fixed income absolute return strategy.

IRELAND - Aer Lingus said it will negotiate with trustees of both its defined benefit schemes to create a defined contribution plan for all its employees as part of a company cost-cutting measure.

The Accountancy and Actuarial Discipline Board has launched a probe into the conduct of an actuary in connection with Equitable Life.