Investment

There are signs the government is meeting some of the challenges facing the pensions industry, the Confederation of British Industry says.

Nine-tenths of trustees and sponsors believe deficits will increase at their next valuation, latest Hewitt research reveals.

SWITZERLAND - Swiss pension funds are set to post an average growth in excess of 9% for the first three quarters of 2009, the latest Swiss institutional survey by Lusenti Partners revealed.

US - Defence contractor Lockheed Martin said yesterday it planned to contribute US$2.4bn to its pension funds through 2010.

GLOBAL - The take up of infrastructure by institutional investors is being compromised by high fees, Watson Wyatt said.

The state pension age must increase to 70 by 2015 to avoid drastic public sector spending cuts, a research body says.

The Invensys Pension Scheme has appointed BNY Mellon to provide it with derivatives collateral management services.

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

The take up of infrastructure by institutional investors is being compromised by high fees, Watson Wyatt says.

AUSTRALIA - Australia's A$64.3bn (US$60bn) Future Fund reported returns of 5.6% in the quarter ending September 30.