Giovanni Legorano looks at how pension funds' approach to portable alpha has had to evolve
UK - The Financial Services Authority has confirmed it will continue to require disclosure of short selling - but said it will focus on pushing for an international transparency regime rather than establish long-term rules for the UK.
SWEDEN - The default investment option for Swedish investors will now be lifecycle funds, after a government directive mandated that individuals' assets should de-risk as they age, confirmed Richard Grottheim, executive vice president at AP7.
The Financial Services Authority has confirmed it will continue to require disclosure of short selling - but said it will focus on pushing for an international transparency regime rather than establish long-term rules for the UK.
Pensions minister Angela Eagle believes the industry criticises personal accounts too much.
German industrial insurer HDI-Gerling has hired Friends Provident to provide a group stakeholder scheme for its UK staff.
There will be an ongoing process of automatic re-enrolment into personal accounts, pensions minister Angela Eagle says.
The Actuarial Profession has launched a reformed code of conduct to replace the ‘complex' guidelines previously used.
Richard Lowe discusses the sustainability and appropriateness of defined contribution as a suitable replacement for defined benefit
The Pension Protection Fund will reduce the cap on its risk-based levy to 0.5% of liabilities.