Investment

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

British Telecom Pension Scheme pensions director Kevin O'Boyle speaks to PP senior correspondent Giovanni Legorano about how an internal review led the fund to shift to a contract based scheme for the defined contribution members.

Employers and workers are being asked to submit their views on the default retirement age to feed into the official government review taking place next year.

EUROPE - The European Commission has adopted additional proposals clarifying the scope of the new European Supervisory Authorities.

GLOBAL - The Caisse de dépôt et placement du Québec (Caisse) and AXA Private Equity have entered into a partnership aimed at helping Québec and European-based businesses expand internationally.

FRANCE - Investment returns at the Fonds de Réserve pour les Retraites (FRR) are up 12.8% since the start of the year helping to bring its total assets to €31.9bn (US$47.2bn), the pension fund said.

The European Commission has adopted additional proposals clarifying the scope of the new European Supervisory Authorities.

Some 30% of trust-based defined contribution schemes have breached retirement disclosure regulations, a report by The Pensions Regulator reveals.

Minor amendments to personal accounts scheme order and rules will be made as a result an industry consultation but no major changes will take place, PADA says.

UK - NAPF chairman Lindsay Tomlinson speaks to GP senior correspondent Giovanni Legorano about his goals for the organisation given the current situation of the UK pension industry.