Investment

The Pensions Regulator has reviewed and changed the information used in the valuation summary form to make it easier to review recovery plans.

Pension fund apathy on environmental issues twinned with short-term analysis of the problem has suppressed the inclusion of climate change in investment decision making, research shows.

Treasury minister Paul Myners has called for the establishment of an independent Council for Institutional Investors to speak on behalf of schemes and other institutional investors.

US - New York state comptroller Thomas DiNapoli will have some company as he leads the state's US$116bn pension fund if a new legislation calling for the abolition of the single-trustee model is passed.

US - The Fresno County Employees Retirement Association (FCERA) has terminated Brandywine Global Investment Management for poor performance, despite the firm offering to drop its performance fee to zero.

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.